$180,000 Active
195 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

Developer opportunity, located just outside TRPA jurisdiction! This is one of 3 lots available from the same seller perched at the top of Kingsbury Grade. Zoned for multi family construction, surrounded by forest land just 1 mile from the Stagecoach lift at Heavenly, a 10 minute drive to the lake, and endless trails just minutes from your door. Seller will entertain financing the purchase and construction loan! Additional lots are 183 & 187 Tramway, scoop up all 3...

Listed by Jordan Ames — eXp Realty, LLC

Listing Details

Status Active
MLS # 260002719
Days on Market 225

Property History

Mar 12, 2026
Listed for sale
$180,000
Property Overview
Lot Size 0.06 acres
Property Type Land
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-031
Exterior & Lot
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

$1,027 per month
Principal & interest
$910/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% ($36,000)
Home price
$180,000
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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