Sold $1,785,000 $1,895,000 Closed
1 Big Water Drive #A202
Crystal Bay, NV 89402

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SOLD 2025-03-03
Sold for $1,785,000 (listed at $1,895,000)
2 Beds
·
2.5 Baths
·
1,710 Sq Ft
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About This Property

Discover luxury living at Granite Place at Boulder Bay, Lake Tahoe, NV. This turnkey 2-bedroom + den, 2.5-bath condo, located on the second floor of the central tower, offers elegance, privacy, and stunning filtered lake views. The end-unit boasts direct elevator access to your private entry, an open floor plan, abundant natural light & a 250-sq.ft. covered deck to enjoy the serene views. High-end finishes throughout enhance the sophisticated feel. Residents enjoy top-tier amenities, including a fitness studio; owner's lounge w/kitchen, work areas, fireplace, TV, shuffle board, ski lockers; & a heated garage w/electric car charging, car detailing station, dog wash, storage lockers, E-bikes & SUPs. The gorgeous grounds boast an oversized spa w/filtered lake views, walking paths, fire pit, BBQ & picnic area. HOA dues include heat, A/C, and water. Perfect for full-time living or a vacation escape, this short-term rental-friendly condo awaits you!

Listed by Cristy Silverman — Keller Williams Group One Inc

Listing Details

Status Closed
MLS # 1015293
Sold Date 2025-03-03
Sold Price $1,785,000
Price/Sq Ft $1,108

Property History

Mar 13, 2024
Listed for sale
$2,000,000
Current
Sold
$1,785,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,710
Stories 1
Year Built 2018
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 123-294-03
Parking
Parking Features Assigned,Covered,Garage,Off Street,Electric Vehicle Charging Station(s)
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Hot Tub/Spa,Sprinkler/Irrigation
Lot Features Level
View Lake,Mountain(s),Trees/Woods
Construction Frame,Stone,Stone Veneer
Roof Composition,Metal,Pitched
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $10,841
HOA Fee $1,299 / Monthly
HOA / Community Incline Property Manageme
HOA & Community
Community Amenities Clubhouse,Fitness Center,Spa/Hot Tub

STR Investment Summary — 1 Big Water Drive #A202, Crystal Bay

Est. Gross Annual Revenue
$50K – $75K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 77 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Crystal Bay market data (146 comparable 2-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

Standard homeowners policy for this home

$1,700 – $2,600/yr
about $179/mo
Est. Rebuild Cost (Coverage A)
$513,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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