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About This Property
Soaring vaulted ceilings exceeding 14 feet and sweeping Carson Valley views define Residence 411, an end-unit penthouse at The Peak, Lake Tahoe's newest luxury condominium development. This 2,025-square-foot mountain modern retreat features two ensuite bedrooms with walk-in closets, 3.5 baths, and a versatile bonus room. The open-concept great room showcases a dramatic stone fireplace, oversized windows, and French doors opening to a private covered balcony overlooking the surrounding mountains. The gourmet kitchen features premium Miele appliances, generous island seating, and a walk-in pantry, creating an inviting space for entertaining. The primary suite benefits from additional end-unit windows that fill the room with natural light, while the bonus room offers flexibility as a home office, den, or fitness space. Less than a mile from Heavenly Mountain Resort, The Peak offers an ideal setting for days spent skiing, exploring the lake, or unwinding in the private owners' lounge, indoor spa, and sauna. Additional amenities include a fitness center, boardroom, covered garage parking, and access to Tahoe Village Plaza's outdoor pool, spa, and clubhouse. Seasonal ski shuttle service adds to the convenience of lock-and-leave mountain living. Currently in the final phase of construction with estimated delivery in Q4 2026. Virtual Staging Disclosure: Select listing photographs have been virtually staged for illustrative purposes only. Furniture, artwork, and décor shown are not included in the sale.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 323 Tramway Drive # 411, 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.
Home Insurance Estimate
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Estimated first-year bonus depreciation savings