Sold $345,000 $348,888 Closed
261 Quaking Aspen Lane #B
Stateline, NV 89449

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SOLD 2025-10-14
Sold for $345,000 (listed at $348,888)
3 Beds
·
2.0 Baths
·
964 Sq Ft

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It sold for $345,000 on 2025-10-14, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

CASH, 1031 EXCHANGE ONLY!!! Motivated Seller! Low PRICE is compensating for high HOA fees which should hopefully go down once deferred maintenance is completed. Market Value is much higher than ask price, gain automatic equity! Own your own piece of Tahoe on NV side! Great valley views and a 10-12 min walk to Heavenly and hiking! Comes with all furnishings, recently renovated and furnished 3/2 townhome. Walk to Stagecoach or Boulder Lodge, Tahoe Rim Trail, pool and Clubhouse. This home is all set for remote hosting. Home once held a vacation rental permit. NEW OWNER MUST APPLY. Strong rental history and in an area where there are permits still available., Property taken off market due to snow damage most of 2023 and 2024. Rental income for 2021 was 70K and 54K from Jan-Aug 2022. Family stayed in the unit from Sep-mid December 2022. HOA fees are high due to a new roof, maintenance on siding and repair/replacement of walkways/deck/railings/foundation and back windows. Owner is a licensed NV real estate agent. Please contact listing agent for walkthrough videos.

Listed by Carmel Allego-Fithian — Coldwell Banker Select Reno

Listing Details

Status Closed
MLS # 250001357
Sold Date 2025-10-14
Sold Price $345,000
Price/Sq Ft $362

Property History

Aug 10, 2025
Listed for sale
$560,000
Current
Sold
$345,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 964
Stories 2
Year Built 1980
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-543-003
Parking
Parking Features Assigned, Common
Exterior & Lot
Exterior Features None
Lot Features Sloped Down, Wooded
View Mountain(s), Trees/Woods, Valley
Construction Wood Siding
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $1,743
HOA Fee $790 / Monthly
HOA / Community Tahoe Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Maintenance Grounds, Maintenance Structure, Parking, Pool, Spa/Hot Tub, Clubhouse/Recreation Room

STR Investment Summary — 261 Quaking Aspen Lane #B, Stateline

Est. Gross Annual Revenue
$30K – $75K
typically ~$40,000
Avg Nightly Rate
$212
Projected Occupancy
51.7%
Cap Rate
4.6%
Structural Score: 47 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Stateline. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

Standard homeowners policy for this home

$1,000 – $1,400/yr
about $100/mo
Est. Rebuild Cost (Coverage A)
$289,200

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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