$5,950,000 $6,100,000 ↓ $150,000 reduced Active
120 State Route 28 #37
Crystal Bay, NV 89402

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✗ STR Not Allowed
Washoe County has no STR permit caps, but Stillwater Cove HOA does not allow short-term rentals.
4 Beds
·
3.5 Baths
·
2,735 Sq Ft
Virtual Tour

Our data on this home

About This Property

Set within the private, gated community of Stillwater Cove, amenities include private beach, pier, buoys, boat slips, lakeside restaurant, and pool. Residents enjoy the convenience of 24-hour on-site management, secure parking garage and dedicated golf cart storage. This rare 4-bedroom showcases hardwood and stone flooring, vaulted ceilings, tastefully updated kitchen that flows seamlessly into the living area. Stone fireplace w/custom built-ins & seating, floor-to-ceiling window and expansive deck is perfect for entertaining friends & family and to take in the beautiful lake views. Upper level is dedicated to the primary suite, featuring updated bathroom w/ jetted tub, shower, heated floor, walk-in closet. Adjoining office/fourth bdrm w/ fireplace & additional storage adds flexibility & comfort. Lower level includes two spacious ensuite bedrooms with access to covered deck w/ lake views. Unique golf cart garage and workshop, laundry room with utility/storage area. Tahoe at its finest!

Listed by Kristi Thordarson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018829
Days on Market 164
Price/Sq Ft $2,176

Property History

May 11, 2026
Listed for sale
$6,100,000
Aug 14, 2026
Price reduced
$5,950,000 $6,100,000 ↓ $150,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2006 · county record $2,095,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,735
Stories 3
Year Built 1980
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 123-271-11
Parking
Parking Features Garage,Golf Cart Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
View Lake
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $12,398
HOA Fee $10,753 / Quarterly
HOA / Community Stillwater Cove HOA
HOA & Community
Community Amenities Clubhouse,Controlled Access,Fitness Center,Management,Pier,Pool,Tennis Court(s)
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
76
No revenue projection. This HOA does not allow short-term rentals.

STR Investment Summary — 120 State Route 28 #37, Crystal Bay

No revenue projection. This HOA does not allow short-term rentals.
Structural Score: 76 / 100 (Luxury) · STR Zone: Red

Home Insurance Estimate

Standard homeowners policy for this home

$2,800 – $4,100/yr
about $288/mo
Est. Rebuild Cost (Coverage A)
$820,500

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

See it in the monthly payment

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

$34,095 per month
Principal & interest
$30,086/mo
Property taxes
$1,033/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$2,688/mo
From MLS listing data.
Home insurance
$288/mo
Estimated ~$2,800–$4,100/yr — get a local broker quote for accuracy.
Down payment
20% ($1,190,000)
Home price
$5,950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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