About This Property
Lowest priced 4-bedroom, 3 bath-condo in Lake Tahoe, NV! Why own one condo when you can own two? Two spaces, one ownership, unlimited possibilities. Great opportunity to own two separate "end-units" for the price of one! Each unit has its own entrance, privacy and living area. Use one level for yourself; or give family and friends their own private retreat, or use as a home-office, or recreation space. The upper unit (unit 1) features two bedrooms one bath, with full kitchen & laundry. The lower unit (unit 1A) has two bedrooms, two baths (one an ensuite), mini-kitchen, and laundry. Both units have a gas log fireplace, which heat the unit by the hall thermostat, all bedrooms have an electric thermostat/baseboard heat, and both units are fully furnished. Live in one unit & potentially rent out the other. Or simply enjoy the flexibility of having two completely separate spaces. The building is very well maintained and even has ski lockers. The Galaxy building HOA covers management, building insurance, exterior maintenance, snow removal for the stairs. The buyer is to pay a one-time 3925 towards the HOA reserve fund. Tahoe Village HOA covers snow removal for the loading and unloading zone, parking lots and streets. Trash is also included, as is access to the brand-new community pool and spa (still under construction). Super close to world class skiing at Heavenly Valley, miles of hiking trails, and only ten minutes to the casino corridor. Walking distance to Fox & Hound Bar & Grill and local market.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Nov 2024 · county record | $1,900,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 305 Galaxy Lane # 1, Stateline
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.
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
