Sold $895,000 $913,900 Closed
758 Milky Way Court #B
Stateline, NV 89449

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SOLD 2026-07-01
Sold for $895,000 (listed at $913,900)
📋 STR Permit on File
Douglas County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
4 Beds
·
3.0 Baths
·
2,113 Sq Ft

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It sold for $895,000 on 2026-07-01, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

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.

Listed by Dessislava Starhovska — Mountain Luxury Properties

Listing Details

Status Closed
MLS # 260006064
Sold Date 2026-07-01
Sold Price $895,000
Price/Sq Ft $433

Property History

May 14, 2026
Listed for sale
$913,900
Current
Sold
$895,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,113
Stories 3
Year Built 1979
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-614-002
Parking
Total Parking 1
Parking Features None
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Common Area, Sloped Up, Wooded
View Trees/Woods
Roof Composition, Shingle
Foundation Brick/Mortar
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Natural Gas
Cooling Central Air
Financial
Annual Tax $2,404
HOA Fee $173 / Monthly
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 Parking, Pool, Spa/Hot Tub

STR Investment Summary — 758 Milky Way Court #B, Stateline

Est. Gross Annual Revenue
$40K – $75K
typically ~$50,000
Avg Nightly Rate
$285
Projected Occupancy
48.0%
Cap Rate
2.2%
Structural Score: 61 / 100 (Premium) · STR Zone: Green

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

Standard homeowners policy for this home

$2,200 – $3,200/yr
about $225/mo
Est. Rebuild Cost (Coverage A)
$633,900

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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