$199,000 Active
187 Tramway 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.

About This Property

Developer opportunity, located just outside TRPA jurisdiction! This is one of 3 lots available from the same seller perched at the top of Kingsbury Grade. Zoned for multi family construction, surrounded by forest land just 1 mile from the Stagecoach lift at Heavenly, a 10 minute drive to the lake, and endless trails just minutes from your door. Seller will entertain financing the purchase and construction loan! Additional lots are 183 & 195 Tramway, scoop up all 3...

Listed by Jordan Ames — eXp Realty, LLC

Listing Details

Status Active
MLS # 260002717
Days on Market 130

Property History

Mar 12, 2026
Listed for sale
$199,000
Property Overview
Lot Size 0.06 acres
Property Type Land
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-039
Exterior & Lot
View Trees/Woods
Financial
Annual Tax $606
HOA Fee $790 / Annually
HOA / Community Summit Village
Schools
Elementary School Jacks Valley
Middle School Carson Valley
High School Douglas
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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%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
Parcel Size
2,506 sq ft
Existing Coverage
19 sq ft · 1%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
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