About This Property
Significant Price adjustment meets The Best of All Worlds in Coveted Lake Tahoe, NV - Middle Kingsbury Perfectly positioned in the highly desirable Middle Kingsbury neighborhood, this beautifully remodeled 3-bedroom, 2-bath mountain retreat offers the ideal blend of convenience, comfort, and Tahoe lifestyle. Just a short stroll to local favorite cafés, shops, and restaurants, this home puts you right in the heart of it all—while still offering a peaceful, park-like setting. Outdoor adventure awaits in every direction, with miles of hiking and biking trails nearby, and effortless access to skiing at Heavenly, beaches, golf courses, and the vibrant casino corridor—all just minutes away. Set on a generous and serene .34-acre corner lot at Chimney Rock and Pine Drive, this property exudes charm from the moment you arrive. Inside, enjoy nearly 1,500 square feet of thoughtfully designed single-level living, complemented by inviting indoor-outdoor spaces perfect for entertaining or relaxing. The sun-filled front deck and shaded back patio create ideal settings for gathering with friends and family, seamlessly connected to the custom kitchen and dining area via sliding glass doors—perfect for effortless Tahoe living. Imagine unwinding with your favorite beverage as the sun sets and the mountain air settles in. The home features three spacious bedrooms and two beautifully remodeled bathrooms, including a stunning primary suite. The step-down great room is warm and welcoming, anchored by a dramatic featured floor-to-ceiling fireplace—perfect for cozy evenings after a day of adventure. Additional highlights include an oversized two-car garage, a bonus finished storage area for all your gear and toys, and a large sub-area offering ample storage with potential for a wine cellar. A newer water heater and forced air natural gas furnace provide peace of mind, while the convenient in-home laundry adds everyday ease. This property is ready for immediate enjoyment—whether as a full-time residence, vacation getaway, or investment opportunity with a sought-after Nevada address.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 2024 | $980,000 | Michael WondkaChase International - ZC | Cristal MorriseXp Realty, LLC |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 157 Pine Drive, Stateline
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
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
