$650,000 Active Under Contract
305 Galaxy Lane # 1
Stateline, NV 89449

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✓ VHR Permits Available — 197 left in Tahoe Village
Douglas County caps vacation-rental permits by neighborhood. Tahoe Village has 197 of its 358 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
4 Beds
·
3.0 Baths
·
1,260 Sq Ft

Our data on this home

About This Property

Lowest priced 4-bedroom, 3 bath-condo in Lake Tahoe, NV! Great opportunity to own "two end-units" with its own entrance, privacy and living areas. Use one level for yourself; or give family and friends their own private retreat, or use as a home-office, or recreation space. The upper unit (unit 1) features two bedrooms one bath, with full kitchen & laundry. The lower unit (unit 1A) has two bedrooms, two baths (one an ensuite), mini-kitchen, and laundry. Both units have a gas log fireplace, which heat the unit by the hall thermostat, all bedrooms have an electric thermostat/baseboard heat, and both units are fully furnished. Live in one unit & potentially rent out the other. The building is very well maintained and even has ski lockers. The Galaxy building HOA covers management, building insurance, exterior maintenance, snow removal for the stairs. The buyer is to pay a one-time 3925 towards the HOA reserve fund. Tahoe Village HOA covers snow removal for the loading and unloading zone, parking lots and streets. Trash is also included, as is access to the brand-new community pool and spa. Super close to world class skiing at Heavenly Valley, miles of hiking trails, and only ten minutes to the casino corridor. Walking distance to Fox & Hound Bar & Grill and local market.

Listed by Michael Wondka — Chase International - ZC

Listing Details

Status Active Under Contract
MLS # 260007999
Days on Market 123
Price/Sq Ft $516

Property History

Jun 22, 2026
Listed for sale
$650,000
Aug 28, 2026
Pending
$650,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2024 · county record $1,900,000 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 3.0
Sq. Ft. 1,260
Lot Size 0.06 acres
Stories 2
Year Built 1980
Property Type Townhouse
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-534-001
Parking
Total Parking 4
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Level, Sloped Up
View Mountain(s), Trees/Woods
Roof Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Natural Gas
Financial
Annual Tax $1,496
HOA Fee $270 / Monthly
HOA / Community 305 Galaxy Lane HOA Inc
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Pool, Spa/Hot Tub
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$30K – $75K typically ~$40,000
~$3,333 per month
Avg Nightly
$226
Occupancy
48%
Cap Rate
2.5%

STR Investment Summary — 305 Galaxy Lane # 1, Stateline

Est. Gross Annual Revenue
$30K – $75K
typically ~$40,000
Avg Nightly Rate
$226
Projected Occupancy
48.4%
Cap Rate
2.5%
Structural Score: 58 / 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

$1,300 – $1,900/yr
about $133/mo
Est. Rebuild Cost (Coverage A)
$378,000

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

$3,815 per month
Principal & interest
$3,287/mo
Property taxes
$125/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$270/mo
From MLS listing data.
Home insurance
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($130,000)
Home price
$650,000
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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