$4,250,000
396 Sherwood Drive
Stateline, NV 89449
STR Status Unknown
5 Beds
·
5.0 Baths
·
4,604 Sq Ft
·
13068 Lot

About This Property

Experience refined mountain luxury at 396 Sherwood Drive, a fully renovated 5-bedroom, 5-bathroom residence spanning 4,600 square feet in the prestigious Mid-Kingsbury neighborhood. Perfectly positioned to capture unobstructed, panoramic views of Lake Tahoe, this exceptional home blends contemporary elegance with timeless alpine warmth. At the heart of the home, a designer chef's kitchen showcases a grand island overlooking the lake, ideal for both elevated entertaining and relaxed family living. Expansive open-concept living and dining areas flow seamlessly to a spectacular 1,500-square-foot lakeview deck, offering the ultimate in indoor-outdoor living and breathtaking sunset panoramas. The home features two spacious living rooms—one designed to take full advantage of the lake views, the other offering a cozy, private retreat perfect for movie nights or gatherings. Every detail reflects thoughtful craftsmanship and modern sophistication throughout. An oversized two-car garage provides ample storage for vehicles and Tahoe toys, while multiple en suite bedrooms ensure comfort and privacy for family and guests alike. Ideally located just 3 miles from the Nevada side of Heavenly Ski Resort and 2 miles from the casinos and South Lake Tahoe's vibrant nightlife and dining, this home offers both tranquility and convenience. Discover privacy, elegance, and awe-inspiring natural beauty from one of Kingsbury's most desirable addresses. At 396 Sherwood Drive, every day feels like a private retreat above the crystal waters of Lake Tahoe.

Listed by Jana Bednar — Chase International - ZC

Listing Details

Status Active
MLS # 250058133
Days on Market 128
Price/Sq Ft $923

Property History

Nov 12, 2025
Listed for sale
$4,250,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 4,604
Lot Size 0.30 acres
Stories 3
Year Built 1977
Property Type Single Family Residence
Subdivision Lakewood Knolls
APN 1318-23-710-097
Parking
Garage Spaces 2
Total Parking 6
Parking Features Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
View Mountain(s), Ski Resort
Construction Cedar
Roof Composition
Foundation Concrete Perimeter
Financial
Annual Tax $6,457
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($850,000)
Home price
$4,250,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444