$348,000 Active Under Contract
331 Tramway Drive #16
Stateline, NV 89449
✓ STR Allowed
1 Beds
·
1.0 Baths
·
720 Sq Ft

About This Property

Fully updated and sold furnished, this 1-bedroom, 1-bath condo with a private, luxurious sauna rom offers the perfect blend of Tahoe charm and investment potential. Short term rental approved and turn key, it's ideal as a mountain getaway, full time residence, or income producing property. Wood beamed ceilings add warmth and character throughout, while tasteful updates create a clean, modern feel. The spacious bedroom features a large closet and a private balcony overlooking the forest, mountains, and valley. A second private balcony off the living area enhances the treehouse like setting and provides the perfect spot to relax and take in the views. The updated kitchen flows seamlessly into the living space, and the remodeled bathroom includes a shower-tub combination. The rare private indoor sauna sets this unit apart and offers year-round appeal. Located just minutes from the ski lift with potential to ski to the lift depending on conditions and close to hiking and mountain biking trails, this property delivers four-season recreation. Lake Tahoe is only a short drive away. The HOA pool and hot tub are currently being renovated and will be offered brand new soon, adding even more value. Turn key, well located, and short term rental ready this one checks all the boxes!

Listed by Kadmiel Alfeld — RE/MAX Realty Today

Listing Details

Status Active Under Contract
MLS # 260002190
Days on Market 68
Price/Sq Ft $483

Property History

Feb 28, 2026
Listed for sale
$348,000
Current
Pending
$348,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 720
Stories 2
Year Built 1974
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-628-011
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Sloped Down, Wooded
View Mountain(s), Trees/Woods, Valley
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Electric, Natural Gas
Financial
Annual Tax $1,129
HOA Fee $328 / Monthly
HOA / Community Snowdown Homeowners Association
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Management, Parking, Pool, Recreation Room, Sauna, 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%

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% ($69,600)
Home price
$348,000
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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