$913,900 Active
758 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.
4 Beds
·
3.0 Baths
·
2,113 Sq Ft

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 Gretchen Pearson — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 250058530
Days on Market 166
Price/Sq Ft $433

Property History

Apr 16, 2026
Listed for sale
$913,900
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 1319-30-614-000
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
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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%

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

Est. Annual Revenue
$61,236
Avg Nightly Rate
$613
Projected Occupancy
27.5%
Cap Rate
2.7%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Stateline. Revenue projections are estimates and may vary.

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% ($182,780)
Home price
$913,900
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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