$1,950,000 $2,170,000 ↓ $220,000 reduced Active
160 Sierra Colina Drive
Stateline, NV 89449

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✓ VHR Permits Available — 1 left in Sierra Colina
Douglas County caps vacation-rental permits by neighborhood. Sierra Colina has 1 of its 7 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
More Lake Tahoe homes for sale where STRs are allowed →
3 Beds
·
2.5 Baths
·
2,188 Sq Ft

Our data on this home

Short-term rental income $25K – $55K/yr Est. gross · $201/night · 47.8% booked Home insurance $2,200 – $3,300/yr Standard homeowners policy

About This Property

Tucked in the prestigious gated community of Sierra Colina, this newly built 3-bedroom, 2.5-bath modern townhome offers the ultimate blend of elegance and adventure—just moments from the shores of Lake Tahoe. From the moment you step inside, you're greeted by soaring ceilings and designer finishes. The gourmet kitchen features sleek cabinetry, premium appliances, and a large island perfect for entertaining. Enjoy low-maintenance living with HOA amenities, including snow removal and exterior maintenance, while still having access to hiking trails, beaches, Heavenly Ski Resort, and all that South Lake Tahoe has to offer. As a Nevada-side property, you'll also benefit from favorable tax advantages. Whether you're looking for a full-time residence, vacation escape, or investment opportunity, 160 Sierra Colina is a rare find in an unbeatable location.

Listed by Angelia Morelli — Coldwell Banker Select RE M

Listing Details

Status Active
MLS # 250054329
Days on Market 439
Price/Sq Ft $891

Property History

Aug 09, 2025
Listed for sale
$2,170,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · county record $1,837,404 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,188
Lot Size 0.05 acres
Stories 2
Year Built 2022
Property Type Townhouse
Subdivision Sierra Colina
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-315-032
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Tar/Gravel
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Heat Pump, Hot Water, Natural Gas, Radiant Floor
Cooling Heat Pump
Financial
Annual Tax $10,109
HOA Fee $570 / Monthly
HOA / Community Association Sierra North
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Landscaping
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$201
Occupancy
48%
Cap Rate
0.7%

STR Investment Summary — 160 Sierra Colina Drive, Stateline

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$201
Projected Occupancy
47.8%
Cap Rate
0.7%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Stateline. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

Standard homeowners policy for this home

$2,200 – $3,300/yr
about $229/mo
Est. Rebuild Cost (Coverage A)
$656,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$11,501 per month
Principal & interest
$9,860/mo
Property taxes
$842/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$570/mo
From MLS listing data.
Home insurance
$229/mo
Estimated ~$2,200–$3,300/yr — get a local broker quote for accuracy.
Down payment
20% ($390,000)
Home price
$1,950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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