Mountain Living from Entry-Level to Luxury Near Heavenly
Kingsbury Grade is the backbone of Stateline's residential real estate, stretching from Highway 50 up toward Heavenly Mountain Resort's Nevada-side lodges. This corridor encompasses three distinct neighborhoods, each with its own character, price point, and lifestyle. Together, they represent the majority of Stateline's housing stock outside the casino corridor.
The Kingsbury Grade road itself (State Route 207) connects Stateline to the Carson Valley below, making it a vital commuter route for residents who work in Gardnerville, Minden, or Carson City. The drive to Carson Valley takes approximately 20 minutes, providing access to big-box retail, medical facilities, and lower-cost services.
Lower Kingsbury is the most accessible neighborhood in Stateline, with approximately 350 homes and lots. The area includes everything from modest mountain cabins to the upscale Granite Springs development. The average home price ranges from $400,000 to $1.5 million. Lower Kingsbury provides easy access to Highway 50, the casino corridor, and Heavenly Village while maintaining a quiet residential atmosphere. This area is popular with year-round residents and first-time Tahoe buyers.
Spanning from Chimney Rock Road to Logging Road, Mid-Kingsbury offers larger lots, more seclusion, and mature forest settings. Many properties in this area capture filtered or full lake views. The mix includes single-family homes, condominiums, and some vacant lots for custom builds. Prices typically range from $800,000 to $2.5 million. Mid-Kingsbury appeals to buyers seeking privacy and space without sacrificing proximity to Stateline's amenities.
Upper Kingsbury is the crown jewel for ski enthusiasts. This collection of condos and townhomes sits literally steps from Heavenly's Boulder and Stagecoach lodges, making it the closest thing to ski-in/ski-out living at Lake Tahoe. Properties offer spectacular lake views and direct ski access. Upper Kingsbury is among the most sought-after areas for vacation rental investors, as winter guests pay premium rates for the convenience of walking to the lifts.
| Area | Typical Price Range | Key Features |
|---|---|---|
| Lower Kingsbury | $400,000 – $1,500,000 | Entry-level to custom homes, easy highway access, year-round living |
| Mid-Kingsbury | $800,000 – $2,500,000 | Larger lots, forest seclusion, lake views, custom build potential |
| Upper Kingsbury | $600,000 – $1,800,000 | Ski-adjacent condos/townhomes, lake views, premium STR potential |
STR Viability: High (Upper Kingsbury) / Moderate (Lower & Mid)
Upper Kingsbury condos near Heavenly's lifts are among the top-performing STR properties in the South Shore due to ski-walk access. Douglas County's 600-permit cap makes securing a VHR permit critical. Properties with existing permits command a significant premium. Lower and Mid-Kingsbury homes perform well in summer but see more seasonal variation.
Active listings in the Stateline area
Compare subdivisions to find your perfect Incline Village home
Ultra-premium lakefront properties near Edgewood Tahoe golf course.
Walk-to-everything condos near Heavenly Village and casinos.
Douglas County permit rules and revenue analysis.
Return to the main Stateline real estate guide with market data and all neighborhood details.
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