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About This Property
Welcome to this expansive 4-bedroom, 3-bathroom mountain retreat offering breathtaking lake views, generous parking, and exceptional rental income potential grossing over one hundred thousand dollars annually! Fully furnished and move-in ready, this turnkey property is eligible for a VHR permit and perfectly positioned for both personal enjoyment and investment use. Thoughtfully updated, the condo features an open-concept kitchen with modern countertops and newer appliances, a cozy breakfast nook, and a dining area that comfortably seats ten. Two fireplaces create a warm and inviting ambiance, while a game room and in-unit washer and dryer downstairs add to the convenience. With two private entrances and a large storage closet, the layout also offers a unique opportunity to split the unit into twoâ€'live in one level while renting out the other. Located just minutes from the Stagecoach and Boulder ski lifts at Heavenly Mountain Resort, you'll love the walkable access to the HOA's pool and spa, local market, and restaurant. A ski shuttle stop right outside the building makes hitting the slopes effortless, and you're only 3 miles from the lake, beaches, and Stateline casinos. Whether you're seeking a high-performing short-term rental, a second home, or a mountain basecamp for year-round adventures, this versatile and spacious condo is a rare find in one of Tahoe's most desirable locations.
Listing Details
Property History
STR Investment Summary — 758 Milky Way Court #B, 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 ↗ How the Basin compares
