$415,000 $429,000 ↓ $14,000 reduced Active
754 Milky Way Court # B
Stateline, NV 89449
✓ VHR Permits Available — 199 left in Tahoe Village
Douglas County caps vacation-rental permits by neighborhood. Tahoe Village has 199 of its 358 permits unissued (county data, Sep 26, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
1.0 Baths
·
688 Sq Ft

About This Property

Lake views, mountain setting, and easy Tahoe living come together in this charming first-floor condo in Tahoe Village. With just five short stairs to the building walkway, this well-designed unit offers convenient access along with filtered lake views and a comfortable, functional layout. Two separate sleeping areas—each with its own closet—provide flexibility, while the living room and dining area capture beautiful lake views and unforgettable Tahoe sunsets. Set within a smaller, well-maintained building, the condo offers a more intimate setting within Tahoe Village. The building was structurally updated in 2007, providing added peace of mind. The full kitchen features newer appliances, and a newer stack washer/dryer is conveniently located in the bathroom. Step outside to the shared deck to enjoy the fresh mountain air and peaceful surroundings. Just one block from the Tahoe Village pool, spa, and clubhouse (currently under construction), and minutes from Heavenly Mountain Resort's Stagecoach Lodge with shuttle access. Shopping, dining, golf, hiking, casinos, and nightlife are all nearby. An appealing opportunity for a full-time residence, long-term rental, or Lake Tahoe getaway.

Listed by Danielle Campbell — Chase International Carson Cit

Listing Details

Status Active
MLS # 260006075
Days on Market 137
Price/Sq Ft $603

Property History

May 14, 2026
Listed for sale
$429,000
Jun 25, 2026
Price changed
$415,000
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 $1,155 / Semi-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
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
622 sq ft covered of 6 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
622 sq ft
Allowed Coverage
6 sq ft · 1%
Existing Coverage
622 sq ft · 100%
Addable Coverage
0 sq ft
Existing Units
1

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 ↗ How the Basin compares

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

$2,498 per month
Principal & interest
$2,098/mo
Property taxes
$137/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$192/mo
From MLS listing data.
Home insurance
$71/mo
Estimated ~$700–$1,000/yr — get a local broker quote for accuracy.
Down payment
20% ($83,000)
Home price
$415,000
Loan details
30-yr fixed, 6.5%
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