$424,900 Active Under Contract
701 Gary Lane # A
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.
1 Beds
·
1.0 Baths
·
580 Sq Ft
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Our data on this home

About This Property

What if your Tahoe home gave you more time to enjoy Tahoe? 701 Gary Lane, Unit A offers a thoughtfully updated mountain retreat designed around ease, comfort, and the experiences that make this place special. Inside, a renovated kitchen with custom cabinetry and floating shelves, an updated bath, fireplace, walk-in closet, in-unit laundry, and additional under-unit storage create a home that feels both efficient and complete. The setting balances wooded surroundings with a more open connection to the mountain landscape, creating a sense of calm without feeling closed in. It's easy to imagine mornings that begin slowly with coffee, full days spent skiing, hiking, exploring the lake, or enjoying the South Shore, and evenings that end back home with the fire on and the gear put away. At 580 square feet, the home is intentionally compact, offering less to manage and more freedom to enjoy the lifestyle that brought you to Tahoe in the first place. Whether you're looking for a full-time mountain base or a place to return to throughout the seasons, this is a home that makes Tahoe feel easier to live. Come experience what it feels like to have more Tahoe and less to manage.

Listed by Megan Hixon — Compass

Listing Details

Status Active Under Contract
MLS # 260012497
Days on Market 24
Price/Sq Ft $733

Property History

Sep 29, 2026
Listed for sale
$424,900
Oct 07, 2026
Pending
$424,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2024 · county record $390,000 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 1
Baths 1.0
Sq. Ft. 580
Lot Size 0.03 acres
Stories 1
Year Built 1968
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-038
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Sloped Up
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Natural Gas, Wall Furnace
Financial
Annual Tax $1,053
HOA Fee $1,350 / 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 Parking
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$600 – $900/yr
about $62/mo
Est. Rebuild Cost (Coverage A)
$174,000

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

$2,412 per month
Principal & interest
$2,149/mo
Property taxes
$88/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$112/mo
From MLS listing data.
Home insurance
$63/mo
Estimated ~$600–$900/yr — get a local broker quote for accuracy.
Down payment
20% ($84,980)
Home price
$424,900
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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