$738,000 Active
718 Kingsbury Grade Road #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
·
2.0 Baths
·
1,200 Sq Ft

About This Property

Welcome to 718 B Kingsbury Grade where mountain living meets modern comfort, all with the added advantage of Nevada tax benefits. This beautifully updated 2-bedroom, 2-bathroom townhouse offers a rare opportunity in the Kingsbury area, complete with a highly sought after 2-car garage; an uncommon and incredibly valuable feature for townhome living here. Located off Kingsbury Grade, this special property offers easy access to all Tahoe has to offer. Inside, the open concept design creates an inviting space perfect for both everyday living and entertaining. The remodeled kitchen features a spacious island with seating, seamlessly flowing into the living area anchored by a cozy gas fireplace. Thoughtful updates throughout give the home a fresh, turnkey feel. The primary suite is a true retreat, featuring a walk-in closet with built-ins and a well-appointed en-suite bathroom. A dedicated laundry room adds convenience, while the semi-finished basement provides flexible space ideal for a workshop, gear storage, and additional organization; perfect for Tahoe's active lifestyle. Recent improvements include a newer roof (2018) and freshly stained exterior (2025), offering peace of mind and curb appeal. With a low HOA and close proximity to world-class skiing, hiking, and Lake Tahoe, this property delivers both comfort and location. Whether you're looking for a full-time residence, vacation escape, or investment, this Kingsbury gem checks all the boxes.

Listed by Kadmiel Alfeld — RE/MAX Realty Today

Listing Details

Status Active
MLS # 260003273
Days on Market 47
Price/Sq Ft $615

Property History

Mar 21, 2026
Listed for sale
$738,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,200
Lot Size 0.03 acres
Stories 1
Year Built 1980
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-009
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Up, Wooded
View Mountain(s), Trees/Woods
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,071
HOA Fee $131 / Monthly
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 None
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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 — 718 Kingsbury Grade Road #B, Stateline

Est. Annual Revenue
$50,744
Avg Nightly Rate
$327
Projected Occupancy
41.9%
Cap Rate
2.8%
Structural Score: 74 / 100 (Premium) · 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% ($147,600)
Home price
$738,000
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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