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.
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.
Property Details
Price:
$1,375,000
MLS #:
250052517
Status:
Active
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lakewood Knolls
Listed Date:
Jul 3, 2025
Finished Sq Ft:
2,660
Total Sq Ft:
2,660
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1960
See this Listing
Schools
Elementary School:
Zephyr Cove
Middle School:
Same As High School
High School:
Whittell – Grades 9-12
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Carpet, Tile, Vinyl
Heating
Fireplace(s), Forced Air, Natural Gas, Wall Furnace
Laundry Features
In Hall
Exterior
Construction Materials
Wood Siding
Exterior Features
None
Other Structures
Shed(s)
Parking Features
Garage, Parking Pad
Parking Spots
4
Roof
Composition, Pitched
Security Features
Carbon Monoxide Detector(s), Keyless Entry, Smoke Detector(s)
Financial
Taxes
$3,323
Map
Community
- Address299 Chimney Rock Road Stateline NV
- SubdivisionLakewood Knolls
- CityStateline
- CountyDouglas
- Zip Code89449
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Market Summary
Current real estate data for Single Family in Stateline as of Jul 04, 2025
16
Single Family Listed
83
Avg DOM
748
Avg $ / SqFt
$1,765,812
Avg List Price
Property Summary
- Located in the Lakewood Knolls subdivision, 299 Chimney Rock Road Stateline NV is a Single Family for sale in Stateline, NV, 89449. It is listed for $1,375,000 and features 6 beds, 3 baths, and has approximately 2,660 square feet of living space, and was originally constructed in 1960. The current price per square foot is $517. The average price per square foot for Single Family listings in Stateline is $748. The average listing price for Single Family in Stateline is $1,765,812.
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Similar Listings Nearby
Courtesy of Ascent Property Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Northern Nevada Regional MLS. All rights reserved. 299 Chimney Rock Road
Stateline, NV
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