$429,000 Active
754 Milky Way Court # B
Stateline, NV 89449
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
1.0 Baths
·
688 Sq Ft

About This Property

Perched in the scenic Tahoe Village area, this charming first-floor Lake Tahoe condo offers easy access with just five short stairs to the building walkway, filtered lake views, and an effortless blend of comfort, convenience, and investment appeal. The thoughtfully designed layout features two separate sleeping areas—each with its own closet—while the living room and dining space capture beautiful lake views, perfect for enjoying Tahoe's unforgettable sunsets. Situated within Tahoe Village, this unit is part of a well-maintained, smaller building, offering a more intimate setting. The building was structurally updated in 2007, providing added peace of mind. The full kitchen features newer appliances, along with a newer stack washer/dryer conveniently located in the bathroom. Step outside to the shared deck to enjoy the fresh mountain air and peaceful mountain setting. Located just one block from the Tahoe Village pool, spa, and clubhouse (currently under construction), and minutes from Heavenly Mountain Resort Stagecoach Lodge with shuttle access. Close to shopping, dining, golf, hiking, casinos, and nightlife. Ideal as a full-time residence, long-term rental, or a Lake Tahoe getaway!

Listed by Danielle Campbell — Chase International Carson Cit

Listing Details

Status Active
MLS # 260006075
Price/Sq Ft $624

Property History

May 14, 2026
Listed for sale
$429,000
Property Overview
Baths 1.0
Sq. Ft. 688
Stories 3
Year Built 1979
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-612-002
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Sloped Down, Wooded
View Mountain(s), Trees/Woods
Construction Fiber Cement
Roof Composition, Pitched, Shingle
Foundation Full Perimeter, Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas
Financial
Annual Tax $1,641
HOA Fee $2,360 / Annually
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 Pool, Shuttle Service, Spa/Hot Tub
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($85,800)
Home price
$429,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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