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Lisa Valentine

lisa@tahoereo.com +1(775) 292-0809

$ 987,000

Est. payment | -/mo

4 Beds

3 Baths

1,862 SqFt

Save

$ 987,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,862 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,862 sqft

Price per Sqft $530

Subdivision Oliver Park

MLS Listing ID 260009025

Bedrooms 4

Full Baths 3

Year Built 1975

Annual Tax Amount $2,054

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.02

Property Sub-Type Townhouse

Property Description

Rare opportunity to own a versatile property in a prime Stateline, Nevada location! This unique townhouse features a spacious 3-bedroom, 2-bath main residence plus a separate-entry studio with its own bathroom, offering exceptional flexibility for rental income, multi-generational living, or guest accommodations. Explore a variety of investment possibilities, including short-term rental potential for the upper living space while leasing the lower studio long-term, or enjoy one unit yourself while generating income from the other. As of 7/15/26, there are still 4 short term rental permits available for this neighborhood through Douglas County. Ideally situated on the lake side of Highway 50, this property is just minutes from the Lake Tahoe Bike Path and the scenic Lam Watah Nature Trail leading to Nevada Beach and Round Hill Pines, some of Lake Tahoe's most beloved beaches. Nestled between the prestigious Edgewood Golf Course and the open spaces of Rabe Meadows, the location offers the perfect balance of recreation, convenience, and natural beauty. One of the great highlights of this property is the vaulted tongue and groove ceilings with exposed wood beams which enhance the character of every room. Recent improvements include an updated kitchen, remodeled main level bathroom, and newer flooring throughout. The spacious primary suite occupies its own private level and features a unique sitting nook. The backyard includes multiple storage areas, along with an outdoor bar, and entertainment space. Mature landscaping includes fruit trees, raspberry bushes, and an abundance of mint. Unlike many properties in the area, this townhouse has no HOA. Offered fully furnished and turnkey, this home is ready for immediate enjoyment or rental use. Take advantage of Nevada's favorable tax benefits while owning your own piece of Lake Tahoe.

Location

State NV

County Douglas

Community Oliver Park

Area Oliver Park

Zoning 240

Direction From HWY 50, turn on Kahle, left on Laura, right on Irwin, Right on Aynes, property is on left.

Rooms

Family Room None

Other Rooms In-Law Quarters

Dining Room Living Room Combination

Kitchen Built-In Dishwasher

Interior

Interior Features Ceiling Fan(s), High Ceilings, In-Law Floorplan, Kitchen Island, Pantry, Smart Thermostat, Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Flooring Tile

Fireplaces Number 1

Fireplaces Type Insert, Wood Burning Stove

Fireplace Yes

Laundry In Garage, Washer Hookup

Exterior

Exterior Feature None

Parking Features Additional Parking, Attached, Garage, Garage Door Opener

Garage Spaces 1.0

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available

View Y/N Yes

View Mountain(s)

Roof Type Composition,Shingle

Porch Covered, Deck

Total Parking Spaces 1

Garage Yes

Building

Lot Description Cul-De-Sac, Level, Sprinklers In Rear

Story 3

Foundation Concrete Perimeter, Crawl Space

Water Public

New Construction No

Schools

Elementary Schools Zephyr Cove

Middle Schools Whittell High School - Grades 7 + 8

High Schools Whittell - Grades 9-12

Others

Tax ID 1318-22-002-075

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Chase International - ZC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 292-0809

lisa@tahoereo.com

158 Aynes CT ## A Stateline, NV 89449