$500,000 Active
179 Tramway Drive #B
Stateline, NV 89449
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
2 Beds
·
1.0 Baths
·
1,400 Sq Ft

About This Property

Welcome to 179 Tramway Drive, Unit B, located on the desirable Nevada side of South Lake Tahoe. This property may be purchased individually or together with Unit A (MLS#260002733), offering excellent flexibility for ownership or investment. Both units have separate parcel numbers, allowing for future flexibility. Unit B features 2 bedrooms, 1 bathroom, plus an approximately 500 sq. ft. bonus room, providing additional space for guests, recreation, or storage. The property includes a newer roof, recent renovations, and approximately $35,000 in upgrades, creating a comfortable and updated mountain retreat. This unit offers the convenience of very few stairs to enter, which is uncommon in the area. Two parking permits are included, with parking located directly in front for easy access. Long-term rentals are allowed, with potential short-term rental opportunities subject to Douglas County approval. Located on the Nevada side, the property offers the tax advantages of Nevada ownership along with strong potential for rental income, personal use, or multi-generational ownership. Ideally situated along the route to Heavenly Valley Ski Resort, the property is just minutes from skiing, hiking, outdoor recreation, casinos, dining, golf courses, beaches, and the vibrant downtown South Lake Tahoe area, while still offering a peaceful mountain setting.

Listed by Christy Mayer — Haven Home Realty

Listing Details

Status Active
MLS # 260002734
Days on Market 56
Price/Sq Ft $357

Property History

Apr 17, 2026
Listed for sale
$500,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,400
Lot Size 0.03 acres
Stories 2
Year Built 1980
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-024
Parking
Total Parking 2
Parking Features Permit Required
Exterior & Lot
Exterior Features None
Lot Features Common Area, Sloped Down, Steep Slope, Wooded
View Mountain(s), Trees/Woods
Construction Concrete, Frame
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space, Raised
Utilities & Systems
Heating Forced Air, Natural Gas, Wall Furnace
Financial
Annual Tax $2,053
HOA Fee $790 / Semi-Annually
HOA / Community Summit Village
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Parking
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 179 Tramway Drive #B, Stateline

Est. Annual Revenue
$36,677
Avg Nightly Rate
$253
Projected Occupancy
39.5%
Cap Rate
2.9%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Stateline. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($100,000)
Home price
$500,000
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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