$1,090,000 $1,200,000 ↓ $110,000 reduced Active Under Contract
214 Highland 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
·
1,838 Sq Ft

About This Property

Nestled in the heart of Stateline, Nevada, 214 Highlands offers the perfect blend of alpine adventure and vibrant nightlife — just moments from Heavenly Mountain Resort and the energy of South Lake Tahoe. This beautifully appointed property enjoys a nearly half-acre lot, providing ample outdoor space, mountain views, and privacy in one of Tahoe's most desirable neighborhoods. Step inside to discover an open floor plan designed for both comfort and connection. Natural light pours through expansive windows, highlighting spacious living areas that flow effortlessly from room to room. Whether you're relaxing after a day on the slopes or entertaining friends, the layout perfectly accommodates gatherings big and small.

Listed by Elliot Young — Chase International - ZC

Listing Details

Status Active Under Contract
MLS # 260002333
Days on Market 135
Price/Sq Ft $593

Property History

Sep 01, 2026
Listed for sale
$1,200,000
Sep 01, 2026
Relisted
$1,150,000
Sep 01, 2026
Price reduced
$1,050,000 $1,150,000 ↓ $100,000
Sep 01, 2026
Price increased
$1,090,000 $1,050,000 ↑ $40,000
Sep 11, 2026
Pending
$1,090,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2023 · county record $940,000 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 2.0
Sq. Ft. 1,838
Lot Size 0.42 acres
Stories 1
Year Built 1993
Property Type Single Family Residence
Subdivision Kingsbury Highlands
County Douglas
STR Jurisdiction Douglas County
APN 1318-24-311-013
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $4,321
Schools
Elementary School Zephyr Cove
Middle School Kingsbury(Closed)
High School Douglas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$45,000
~$3,750 per month
Avg Nightly
$245
Occupancy
50%
Cap Rate
1.6%

STR Investment Summary — 214 Highland Drive, Stateline

Est. Gross Annual Revenue
$30K – $70K
typically ~$45,000
Avg Nightly Rate
$245
Projected Occupancy
50.4%
Cap Rate
1.6%
Structural Score: 53 / 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
3,803 sq ft covered of 211 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
21,079 sq ft
Allowed Coverage
211 sq ft · 1%
Existing Coverage
3,803 sq ft · 18%
Addable Coverage
0 sq ft
IPES Score
901.0
Land Capability · TRPA-verified
IPES
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% ($218,000)
Home price
$1,090,000
Loan details
30-yr fixed, 6.5%
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