$1,695,000
394 Sherwood Drive
Stateline, NV 89449
STR Status Unknown
4 Beds
·
3.0 Baths
·
2,263 Sq Ft
·
15681 Lot

About This Property

Tucked among the pines in beautiful Stateline, this 4-bedroom, 3-bath mountain retreat offers comfort and lake views from every room. The inviting great room centers around a cozy fireplace, creating an ideal setting for gathering after a day on the slopes or the water. Expansive windows invite in natural light and frame views of Lake Tahoe, while the layout flows seamlessly to a generous deck overlooking the lake, perfect for summer evenings, entertaining, or quiet morning coffee. The interior has been freshly painted and professionally cleaned, offering a crisp, move-in-ready feel throughout. The primary suite is a true retreat, featuring lake views from both the bedroom and bathroom, three closets, a separate shower stall, and a jetted soaking tub designed for unwinding in total comfort. Positioned above a U.S. Forest Service lot, the setting provides enhanced privacy and a serene backdrop that will remain undeveloped. A paver driveway and two-car garage add convenience and curb appeal to this well-situated Tahoe home. Whether you're seeking a full-time residence or a mountain getaway, this home delivers the lifestyle that makes Lake Tahoe so iconic.

Listed by The Goff Group — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260002315
Days on Market 3
Price/Sq Ft $749

Property History

Mar 04, 2026
Listed for sale
$1,695,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,263
Lot Size 0.36 acres
Stories 2
Year Built 1977
Property Type Single Family Residence
Subdivision Lakewood Knolls
APN 1318-23-710-096
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Down, Sloped Up
View Mountain(s), Peek, Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $5,234
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% ($339,000)
Home price
$1,695,000
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