$780,000 Active
166 Holly Lane
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.
2 Beds
·
1.5 Baths
·
1,248 Sq Ft

About This Property

Your Lake Tahoe Retreat awaits! Elevated in the pines of Lake Tahoe at Lake Village, this fully remodeled fully furnished turn-key mountain vacation town home offers a rare sense of privacy, natural light and forest surroundings, giving the feel of a secluded treehouse retreat . The thoughtfully updated interior, includes new flooring and baseboards, fresh paint and modern finishes. The kitchen features a rare U shaped layout for flow, functionality, and counter space. The main living area centers around forest views in all directions, creating a calm private atmosphere shifting beautifully with the seasons. Custom built storage unit in the dining area adds design character and practical function. The primary suite includes a dressing area, king suite bedroom set, with double vanity, new flooring, and new baseboards. The spa style fully remodeled primary bathroom with raised ceiling, rain shower, new vanity, toilet, updated lighting, new plumbing and electrical, slip resistant tile, and porcelain tile. The powder room has also been fully remodeled with new vanity, toilet, and flooring. Guest room refreshed with paint and lovely bunk set and storage cabinet for guests. Other improvements include new flooring, new faucets, and pantry storage for all of your kitchen gadgets. Outdoor living is a defining feature of the home. Private forest setting with sitting area, garden space, newly stained porch with awning offering a quiet extension of the interior living space. Just minutes to Heavenly Ski Resort - one of the worlds premier ski resorts, as well as Lake Tahoe just across highway 50 for a hike, bike or quick car ride! Lake Village is well known for their exemplary amenities available to owners and guests, including in ground pool, hot tub, pickle ball and tennis courts, large clubhouse/rec center for gatherings. Not to forget the direct access to miles of paved hiking and biking trails ...you are immersed in the forest, yet just minutes from adventure! Location is premier at Lake Village as well with Heavenly Gondola and Village, casinos, shopping, dining, Edgewood Golf, and Lake Tahoe all within a few minutes drive.

Listed by Suzanne Laviano — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260007031
Days on Market 82
Price/Sq Ft $625

Property History

Jun 03, 2026
Listed for sale
$780,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2022 · county record $680,000 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 2
Baths 1.5
Sq. Ft. 1,248
Lot Size 0.02 acres
Stories 2
Year Built 1975
Property Type Townhouse
Subdivision Lake Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-216-017
Parking
Total Parking 2
Parking Features Permit Required, Additional Parking
Exterior & Lot
Exterior Features Awning(s)
Lot Features Corner Lot, Cul-De-Sac, Gentle Sloping, Landscaped, Wooded
View Mountain(s), Peek, Trees/Woods
Roof Asphalt, Flat, Membrane, Pitched, Tar/Gravel
Foundation Pillar/Post/Pier, Raised
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s)
Financial
Annual Tax $2,370
HOA Fee $648 / Monthly
HOA / Community Lake Village Homeowners Association
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Barbecue, Clubhouse, Landscaping, Management, Parking, Pool, Recreation Room, Sauna, Spa/Hot Tub, Tennis Court(s)
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$28K – $55K typically ~$33,901
~$2,825 per month
Avg Nightly
$173
Occupancy
54%
Cap Rate
1.7%

STR Investment Summary — 166 Holly Lane, Stateline

Est. Gross Annual Revenue
$28K – $55K
typically ~$33,901
Avg Nightly Rate
$173
Projected Occupancy
53.7%
Cap Rate
1.7%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Stateline. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
505 sq ft covered of 9 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
919 sq ft
Allowed Coverage
9 sq ft · 1%
Existing Coverage
505 sq ft · 55%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
2, 4
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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

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