$175,000 $199,000 ↓ $24,000 reduced Active
189 Tramway Drive
Stateline, NV 89449

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⚠ No New VHR Permits — Upper Kingsbury - Multi Family at Cap
All 38 of Upper Kingsbury - Multi Family's vacation-rental permits are issued (county data, Oct 16, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.

About This Property

Buildable Duplex Lot Near Lake Tahoe! This 0.06-acre lot sits just within 4 miles of Lake Tahoe, with world-class skiing not far away. Zoned for a duplex, it's a great opportunity to create a full-time residence, vacation getaway, or income property. Enjoy quick access to lake activities, hiking trails, and mountain adventures year-round. Utilities nearby—come build your Tahoe dream! Owner will consider carrying a contract w/ 90k down, 8 percent interest, 3-5 year balloon.

Listed by Miranda Vaulet — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260002252
Days on Market 184

Property History

Sep 03, 2026
Listed for sale
$199,000
Jul 20, 2026
Price reduced
$175,000 $185,000 ↓ $10,000
Sep 03, 2026
Relisted
$175,000
Property Overview
Lot Size 0.06 acres
Property Type Land
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-030
Exterior & Lot
Lot Features Gentle Sloping, Level, Rolling Slope
View Trees/Woods
Financial
Annual Tax $606
HOA Fee $790 / Annually
HOA / Community Summit Village
Schools
Elementary School Jacks Valley
Middle School Carson Valley
High School Douglas
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

At coverage limit
Parcel Size
2,506 sq ft
Existing Coverage
0 sq ft
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

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

$1,002 per month
Principal & interest
$885/mo
Property taxes
$51/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$66/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($35,000)
Home price
$175,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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