About This Property
Positioned at one of the highest points in Stillwater Cove, Residence #24 captures elevated waterfront views across Lake Tahoe toward Incline Village and Diamond Peak. The marina and shoreline rest below while layered ridgelines rise beyond, creating privacy and depth. This generously scaled two-bedroom is designed for year-round living with gathering space above and retreat below. The main level features a wood-burning fireplace, dark wood floors, granite countertops, and custom built-ins. The upper deck extends the living area, oriented toward expansive lake and mountain views. Downstairs, the primary suite offers its own fireplace, private lakeview patio, walk-in closet, and oversized bath. The secondary bedroom is well proportioned. A powder room and full laundry add convenience. Stillwater Cove is a gated lakefront enclave with a private sandy beach, full-service marina, heated lakefront pool and spa, fitness center, tennis courts, and seasonal lakeside dining.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2016 · county record | $2,004,500 | Deed record — brokerage sides not reported | |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 120 State Route 28 #24, Crystal Bay
Based on comparable vacation rental performance data for Crystal Bay. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
