$3,500,000 Active
101 Meadow Drive
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.
3 Beds
·
3.5 Baths
·
3,846 Sq Ft

About This Property

Widely regarded as one of the premier homes in the prestigious Granite Springs neighborhood, this property delivers an unmistakable "wow factor" from the moment you step inside. Located at the end of a cul-de-sac and bordering miles of national forest, offering sweeping mountain views, a rare level lot, and a desirable low-elevation setting - this home will check just about every box. As you enter the home the soaring ceilings, with picture windows to match, allow the views and sunlight to flood the living space. The updated kitchen, dining room, oversized two-car-garage, powder room, several closets and pantries and a large wraparound deck - perfect for soaking in the stunning forest setting - complete this level. Upstairs, there is an additional living space, a lovely primary suite with a deck, walk-in-closet and steam shower, along with two more bedrooms, bathrooms, and a conveniently located laundry room just down the hall. Additionally, this just under two acre parcel has over 6,000 square feet of additional coverage available, giving this property so much potential now or in the future. With trails out the door and just minutes to world-class-skiing, the casinos, Edgewood golf course and all that South Shore has to offer - one step inside and you'll want to call this home!

Listed by Brooke Hernandez — Compass

Listing Details

Status Active
MLS # 260004789
Price/Sq Ft $910

Property History

Apr 20, 2026
Listed for sale
$3,500,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,846
Lot Size 1.81 acres
Stories 2
Year Built 1989
Property Type Single Family Residence
Subdivision Granite Springs
County Douglas
STR Jurisdiction Douglas County
APN 1318-26-515-037
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Level, Sprinklers In Front
View Mountain(s), Ski Resort, Trees/Woods
Construction Stone
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $16,416
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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 — 101 Meadow Drive, Stateline

Est. Annual Revenue
$133,614
Avg Nightly Rate
$1142
Projected Occupancy
32.0%
Cap Rate
1.5%
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% ($700,000)
Home price
$3,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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