Nestled in the desirable Mid-Kingsbury area, this luxury mountain home offers a rare combination of privacy, strong rental income potential, and year-round Tahoe lifestyle. Located on a quiet cul-de-sac and backing to Forest Service land, it provides direct access to nature while being just minutes from world-class skiing, hiking and Lake Tahoe. Currently operating as a successful vacation rental, the home is designed to maximize both guest experience and owner enjoyment. An expansive third-floor entertainment space with a wet bar and multiple living areas is ideal for hosting, while dual laundry areas add convenience. Outdoor living is equally inviting, featuring spacious decks, a hot tub, and a built-in fire pit perfect for relaxing after a day of recreation. This is a unique opportunity to own a property that functions as both a private mountain retreat and a high-performing investment, capturing the best of the Tahoe lifestyle while delivering meaningful income potential.
Closed
$2,100,000
437 Panorama Dr, Stateline, NV 89449
5beds
3,588sqft
Single Family Residence
Built in 1966
0.27 Acres Lot
$2,107,800 Zestimate®
$585/sqft
$6,509 Estimated rent
Home value
$2,107,800
$1.81M - $2.45M
$6,509/mo
Zestimate® history
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$9,666/mo
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Expansive third-floor entertainment spaceHot tubDual laundry areasWet barSpacious decksBuilt-in fire pit
Zillow last checked:
Listing updated:
Listed by:
Mike Dunn BS.144453 775-901-6633,
Chase International - ZC
Bought with:
Mike Dunn, BS.144453
Chase International - ZC
Source: NNRMLS,MLS#: 260003629
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Electric, Fireplace(s), Natural Gas
Cooling
- Electric
Appliances
- Included: Disposal, Dryer, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer
- Laundry: Cabinets, Laundry Closet, Laundry Room, Sink
Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Master Downstairs, Vaulted Ceiling(s)
- Flooring: Carpet, Ceramic Tile, Stone, Wood
- Windows: Blinds, Double Pane Windows, Wood Frames
- Number of fireplaces: 2
- Fireplace features: Free Standing, Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,588
- Total interior livable area: 3,588 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Patio, Deck
- Exterior features: Fire Pit
- Has spa: Yes
- Spa features: Above Ground
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.27 Acres
- Features: Cul-De-Sac, Level, Sloped Down, Wooded
Details
- Additional structures: None
- Parcel number: 131825111020
- Zoning: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Composition,Pitched,Shingle
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Security System Owned, Smoke Detector(s)
Location
- Region: Stateline
- Subdivision: Kingsbury Palisades
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $2,100,000$585/sqft |
Source:  NNRMLS #260003629 Report a problem | ||
| 4/4/2026 | Contingent | $2,100,000$585/sqft |
Source: NNRMLS #260003629 Report a problem | ||
| 3/30/2026 | Listed for sale | $2,100,000-12.5%$585/sqft |
Source: NNRMLS #260003629 Report a problem | ||
| 12/30/2025 | Listing removed | $2,400,000$669/sqft |
Source: NNRMLS #250003499 Report a problem | ||
| 6/4/2025 | Price change | $2,400,000-9.4%$669/sqft |
Source: NNRMLS #250003499 Report a problem | ||
| 3/20/2025 | Listed for sale | $2,650,000$739/sqft |
Source: NNRMLS #250003499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,565 +2.7% | $248,269 -0.9% |
| 2024 | $6,393 +3.4% | $250,447 +4.4% |
| 2023 | $6,182 +3% | $239,983 +13.3% |
| 2022 | $6,000 +3% | $211,842 +0.9% |
| 2021 | $5,826 | $209,936 +0.8% |
| 2020 | -- | $208,298 |
| 2019 | $5,658 | $208,298 +3.2% |
| 2018 | $5,658 +6% | $201,932 -0.4% |
| 2017 | $5,338 | $202,709 +3.3% |
| 2016 | $5,338 +2.5% | $196,301 |
| 2015 | $5,206 +3.3% | $196,301 +3.9% |
| 2014 | $5,039 | $188,903 +4.2% |
| 2013 | -- | $181,294 +0.2% |
| 2012 | -- | $180,855 -6% |
| 2011 | -- | $192,335 -2.8% |
| 2010 | -- | $197,831 -0.9% |
| 2009 | -- | $199,679 +64.1% |
| 2008 | -- | $121,652 +0.9% |
| 2007 | -- | $120,521 -5.3% |
| 2006 | -- | $127,294 +57.1% |
| 2005 | $1,629 +3% | $81,031 +24.4% |
| 2004 | $1,582 | $65,139 -0.7% |
| 2003 | -- | $65,613 |
Find assessor info on the county website
Neighborhood: 89449
Nearby schools
GreatSchools rating
- 8/10Zephyr Cove Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 8/10George Whittell High SchoolGrades: 6-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Zephyr Cove
- Middle: Whittell High School - Grades 7 + 8
- High: Whittell - Grades 9-12
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,107,800
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Estimated market value
$2,107,800
- Nevada
- Douglas County
- Stateline
- 89449
- 437 Panorama Dr
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