$1,850,000 Closed
1 Big Water Drive # A101
Crystal Bay, NV 89402
SOLD 2026-06-15
Sold for $1,760,000 (listed at $1,850,000)
2 Beds
·
2.5 Baths
·
1,849 Sq Ft
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About This Property

Beautiful, single level upscale condo w/filtered Lake Tahoe views, two separate patios and high-end finishes throughout is ready to envelop you in luxury. A truly stunning array of HOA amenities includes a fitness studio, work areas, owner's lounge w/kitchen, fireplace, TV and shuffleboard. Access to your private entry via elevator is from the heated garage which has owner storage lockers, ski and snowboard storage, car detailing station and a dog wash! Beautifully landscaped grounds provide an oversized 13' spa w/filtered lake view, firepit and BBQ. In addition to ALL those amenities, all utilities are covered by the HOA dues as well, with the exception of electricity. Enjoy the adjoining park with walking paths and picnic tables. And within a half mile is access to Speedboat Beach where swimming and watersports await. An indoor EV charging station is available for an add'l fee. Short-term rentals allowed with 3-day minimum stay and licensing.

Listed by Mary Mosher-Armstrong — Keller Williams Group One Inc.

Listing Details

Status Closed
MLS # 260003727
Sold Date 2026-06-15
Sold Price $1,760,000
Price/Sq Ft $1,001

Property History

Apr 01, 2026
Listed for sale
$1,850,000
Current
Sold
$1,760,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2026 $1,760,000 Mary Mosher-ArmstrongKeller Williams Group One Inc Unrepresented BuyerNevada Licensee

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,849
Lot Size 0.04 acres
Stories 1
Year Built 2018
Property Type Condominium
Subdivision Granite Place
County Washoe
STR Jurisdiction Washoe County
APN 123-293-02
Parking
Garage Spaces 1
Total Parking 1
Parking Features Permit Required, Additional Parking, Attached, Electric Vehicle Charging Station(s), Garage, Heated Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, None
Lot Features Landscaped, Level
View Mountain(s), Trees/Woods
Construction Fiber Cement, HardiPlank Type, Stone Veneer
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Radiant Floor
Cooling Central Air
Financial
Annual Tax $13,423
HOA Fee $1,381 / Monthly
HOA / Community Granite Place HOA
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Barbecue, Clubhouse, Elevator(s), Fitness Center, Gated, Landscaping, Management, Recreation Room, Security, Spa/Hot Tub, Storage

STR Investment Summary — 1 Big Water Drive # A101, Crystal Bay

Est. Gross Annual Revenue
$50K – $70K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 75 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Crystal Bay market data (145 comparable 2-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,870 sq ft covered of 375 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,875 sq ft
Allowed Coverage
375 sq ft · 20%
Existing Coverage
1,870 sq ft · 100%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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