$620,000 Active
155 Tramway Drive # A
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
·
1,280 Sq Ft

About This Property

This warm and inviting home offers one of the best views in the development and a wonderfully private setting, making it an ideal mountain getaway or a comfortable full-time residence. Just under a mile from Heavenly Ski Resort, you'll enjoy effortless access to year-round adventure, plus the convenience of nearby dining and essentials — with the local market and the Fox & Hound restaurant and bar both within an easy walk. Inside, the freestanding townhome features spacious bedrooms and a bright living area accented by vaulted, beamed ceilings. A wood-burning stove adds cozy charm during snowy winter months, while forced-air heat with a smart thermostat lets you pre-warm the home before you arrive. A full-size washer and dryer enhance everyday convenience, rounding out a space designed for comfort, relaxation, and effortless mountain living. In addition, the large crawl space can accommodate all your toys.

Listed by Kimberly Valverde — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260009404
Price/Sq Ft $484

Property History

Jul 23, 2026
Listed for sale
$620,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,280
Lot Size 0.03 acres
Stories 2
Year Built 1982
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-001
Parking
Total Parking 2
Parking Features Detached
Exterior & Lot
Exterior Features None
Lot Features Sloped Down, Wooded
View Mountain(s), Trees/Woods
Roof Metal
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,174
HOA Fee $800 / Semi-Annually
HOA / Community Summit Village
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Management, Parking
📊

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%

STR Investment Summary — 155 Tramway Drive # A, Stateline

Est. Annual Revenue
$37,201
Avg Nightly Rate
$188
Projected Occupancy
54.3%
Cap Rate
2.4%
Structural Score: 45 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Stateline. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
Parcel Size
1,232 sq ft
Existing Coverage
597 sq ft · 48%
Addable Coverage
0 sq ft
Existing Units
1

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% ($124,000)
Home price
$620,000
Loan details
30-yr fixed, 6.5%
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