$1,589,000
345 Granite Drive
Stateline, NV 89449
STR Status Unknown
4 Beds
·
3.5 Baths
·
2,879 Sq Ft
·
21344 Lot

About This Property

Blending Scandinavian architecture with a private forest setting, 345 Granite Drive offers a rare Tahoe retreat with flexible living and income potential. Situated on .49 acres and adjoining unbuildable U.S. Forest Service land, the property enjoys a peaceful setting with added privacy. The location provides convenient access to Lake Tahoe, Heavenly Ski Resort, and the Stateline casino corridor. The residence showcases vaulted ceilings, expansive windows, and light-filled interiors that highlight the home's Scandinavian-inspired design. The upper level serves as the main living space with an open-concept kitchen and living area that opens onto a large wraparound deck. This level also includes the primary bedroom and bathroom along with a guest half bath. The lower level offers two additional bedrooms, a full bathroom, laundry room, and a spacious family or recreation room with access to a second wraparound deck. Adding significant versatility is a fully independent 1-bedroom, 1-bath guest residence complete with its own kitchen, dining area, and living space, offering flexible options for guests, extended family, or rental income. The property has previously operated as a short-term rental. A new owner would need to apply for their own permit, subject to county approval. The layout of the home and separate guest residence presents strong potential for income-producing opportunities or dual rental possibilities. Additional features include a two-car garage and a private end-of-street setting rarely available in the Tahoe basin. A rare opportunity to own a private Tahoe retreat with flexible living and income potential in one of Lake Tahoe's most desirable mountain settings.

Listed by Lucas Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142612
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $552

Property History

Mar 16, 2026
Listed for sale
$1,589,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,879
Lot Size 0.49 acres
Stories 3
Year Built 1980
Property Type Single Family Residence
Style Split Level
Subdivision Out of Area
APN 13182371000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed,Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition,Shingle
Foundation Concrete/Crawl Space,Basement/Unfinished,Post & Pier
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
Annual Tax $5,491
HOA / Community South Tahoe Association of Realtors
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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%

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% ($317,800)
Home price
$1,589,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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