About This Property
Set within the Stillwater Cove lakefront community in Crystal Bay, this centrally-located residence offers sweeping lake views in a serene, private setting. With only 47 residences across 24 acres, Stillwater Cove is regarded as a private, five-star lakefront resort with world-class service. Community amenities are unmatched, featuring a full-service marina with gas dock, buoy field, sandy beach, tennis court, state-of-the-art fitness center, swimming pool, dog park, playground, and private restaurant and clubhouse. Step inside Unit #24, where inviting living spaces and expansive lake views create a comfortable Tahoe retreat. The main level brings together the living room, dining area, and kitchen, with a wood burning fireplace and large windows drawing the lake into the heart of the home. Just outside, a spacious deck provides an ideal setting for outdoor dining, entertaining, or simply taking in the views. On the lower level, the primary suite offers a peaceful escape with picturesque windows framing the lake views, a gas fireplace, and an ensuite bathroom with a rain shower and large soaking tub. A private patio extends the suite outdoors, creating another quiet place to enjoy the surrounding scenery. The spacious laundry room off the primary suite offers ample cabinetry and storage. An additional ensuite bedroom is tucked beyond the main living area, providing separation and privacy for family or guests. With a coveted Nevada address, exceptional amenities, and a prime location near world-class ski resorts, shopping, and dining, Stillwater Cove offers an unparalleled Lake Tahoe lifestyle. Buoys and boat slips are managed by the association and subject to availability.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2016 · county record | $2,004,500 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 120 State Route 28 #UNIT 24, Crystal Bay
Nightly rates and occupancy from Crystal Bay market data (145 comparable 2-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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