$849,000 $899,000 ↓ $50,000 reduced Active
706 Gary Lane #B or 2
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.
📋 STR Permit on File
Douglas County's public short-term-rental registry shows a permit on file for this home.
3 Beds
·
4.0 Baths
·
1,684 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why Home insurance $1,700 – $2,500/yr Standard homeowners policy

About This Property

Experience the best of Tahoe living in this home featuring a thoughtfully designed interior by Bob Ostrow, blending Scandinavian design with an inviting knotty pine finish that brings warmth and character throughout. The interior is further enhanced by uniquely designed storage solutions that maximize both function and style. Perfectly situated just 5 minutes from Heavenly and the Tahoe Rim Trail and a short drive to the lively casino scene. This Home offers both adventure and convenience. With an unbeatable location, this property is your ideal mountain escape.

Listed by Scott Roberts — Chase International - ZC

Listing Details

Status Active
MLS # 260005113
Days on Market 179
Price/Sq Ft $504

Property History

Apr 27, 2026
Listed for sale
$899,000
Sep 18, 2026
Price reduced
$849,000 $899,000 ↓ $50,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2021 · county record $830,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 4.0
Sq. Ft. 1,684
Lot Size 0.03 acres
Stories 2
Year Built 1979
Property Type Condominium
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-004
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Common Area, Cul-De-Sac, Sloped Down
View Trees/Woods
Construction Insulation - Batts
Roof Composition, Pitched, Shingle
Foundation Brick/Mortar
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,332
HOA Fee $1,581 / Annually
HOA / Community Summit Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Landscaping, Management
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
46
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 706 Gary Lane #B or 2, Stateline

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 46 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

Standard homeowners policy for this home

$1,700 – $2,500/yr
about $175/mo
Est. Rebuild Cost (Coverage A)
$505,200

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$4,794 per month
Principal & interest
$4,293/mo
Property taxes
$194/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$132/mo
From MLS listing data.
Home insurance
$175/mo
Estimated ~$1,700–$2,500/yr — get a local broker quote for accuracy.
Down payment
20% ($169,800)
Home price
$849,000
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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