About This Property
Set against a peaceful forest backdrop, this three-bedroom Stateline condo captures beautiful lake and valley views in a prime Tahoe location. The interior has been updated, including a fully renovated kitchen and full bathroom with new lighting, fixtures, and finishes throughout. A spacious deck extends the living space outdoors, creating the perfect setting to relax and take in the surrounding scenery. Additional highlights include a new water heater and an outdoor storage closet for added convenience. Previously operating as a turnkey long-term and short-term rental, the property offers an excellent opportunity for a vacation retreat, income-producing investment, or combination of both. Furnishings are negotiable.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2021 · county record | $795,000 | 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 — 315 Olympic Court # 6, 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
