$780,000 $825,000 ↓ $45,000 reduced Active
396 Tramway Drive
Stateline, NV 89449
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
3 Beds
·
2.0 Baths
·
1,375 Sq Ft

About This Property

Lock & Go Lifestyle! Completely renovated in 2019 & fully furnished. This fabulous 3/2, 1375sf condo overlooks the Stagecoach ski lift on Nevada-side of Heavenly Valley. Enjoy immediate proximity to the lift and free shuttle. High-end interior finishes include all new appliances and mechanical systems. Radiant floor heat in kitchen & bath! Located on main road with early morning snow plowing & lots of parking. 9 miles to Lake Tahoe, seconds to the Tahoe Rim Trail. Enjoy total recreational paradise in Tax-friendly Nevada., Building HOA is owner-managed- fees includes exterior building maintenance and building insurance. Tahoe village Homeowner's Association (TVHA) amenities include: seasonal outdoor swimming pool, hot tub, common area green space, trash service and snow removal. Kingsbury General Improvement District (KGID)amenities include: snow removal, sewer and water service. Large storage area under the building.

Listed by Greta Mestre — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260003293
Days on Market 125
Price/Sq Ft $567

Property History

Mar 23, 2026
Listed for sale
$780,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2018 · county record $315,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,375
Stories 2
Year Built 1980
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-619-003
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Sloped Up
View Mountain(s), Park/Greenbelt, Ski Resort
Construction Brick
Roof Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Natural Gas, Radiant Floor
Cooling Electric
Financial
Annual Tax $1,819
HOA Fee $150 / Monthly
HOA / Community Owner Managed
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Parking, Pool, Shuttle Service, Spa/Hot Tub
📊

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 — 396 Tramway Drive, Stateline

Est. Annual Revenue
$36,602
Avg Nightly Rate
$193
Projected Occupancy
52.1%
Cap Rate
1.9%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
Parcel Size
1,001 sq ft
Existing Coverage
1,001 sq ft · 100%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($156,000)
Home price
$780,000
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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