Versatile Two-Unit Property in Coveted Lower Kingsbury - Income Potential + Scenic Views
Nestled in the highly sought-after Lower Kingsbury neighborhood, this unique two-unit residence offers a rare combination of lifestyle, location, and income potential. Just steps from the popular Stinger Trail and Burke Creek Trails, outdoor recreation is at your doorstep.
The main home features 4 bedrooms and 2 bathrooms, with a thoughtfully designed layout. One bedroom and bath are conveniently located downstairs, along with a spacious living area that opens directly to a fenced backyard complete with a private hot tub — perfect for entertaining or relaxing after a day on the trails. Upstairs, you'll find three additional bedrooms and a full bathroom, offering comfort and privacy for family or guests.
Above the two-car garage sits a well-appointed 800 sq ft second residence with 2 bedrooms and 1 bathroom. Enjoy peekaboo lake views and stunning sunsets from the bright, open living area — ideal for use as a guest suite, rental unit, or multi-generational living.
Whether you're looking to generate rental income, host guests, or simply enjoy the flexibility of a dual-living setup, this property delivers on all fronts. Don't miss this exceptional opportunity to own in one of the most desirable areas near Lake Tahoe.
Active
Price cut: $100K (7/31)
$1,275,000
299 Chimney Rock Rd, Stateline, NV 89449
6beds
2,660sqft
Est.:
Single Family Residence
Built in 1960
0.31 Acres Lot
$1,207,600 Zestimate®
$479/sqft
$-- HOA
What's special
Thoughtfully designed layoutPrivate hot tubStunning sunsetsPeekaboo lake viewsFenced backyardThree additional bedrooms
- 37 days
- on Zillow |
- 1,491 |
- 69 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 12:03pm
Listed by:
Nicole Zaborsky BS.146514 530-416-2779,
Ascent Property Group
Source: NNRMLS,MLS#: 250052517

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Fireplace(s), Forced Air, Natural Gas, Wall Furnace
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Washer
- Laundry: In Hall
Features
- In-Law Floorplan
- Flooring: Carpet, Tile, Vinyl
- Windows: Aluminum Frames, Double Pane Windows, Skylight(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,660
- Total interior livable area: 2,660 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Parking Pad
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: None
- Pool features: None
- Has spa: Yes
- Spa features: Above Ground
- Fencing: Back Yard
Lot
- Size: 0.31 Acres
- Features: Sloped Up
Details
- Additional structures: Shed(s)
- Parcel number: 131823610012
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Other
- Roof: Composition,Pitched
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Internet Available, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Keyless Entry, Smoke Detector(s)
- Subdivision: Lakewood Knolls
HOA
- Has HOA: No
Location
- Region: Stateline
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $178,239
- Annual tax amount: $3,323
- Date on market: 7/3/2025
- Listing terms: Cash,Conventional
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