About This Property
Rare 3BD penthouse at Granite Place w/ direct elevator access from the garage to your private main-level entry: great room high vaulted ceilings, Weiland Pano Doors, LED fireplace, kitchen, dining, 2 bedrooms & 2.5 baths, Pano doors opening to a paver patio w/ filtered Lake Tahoe & mountain views. Upper mezzanine level adds 2nd living area & 3rd bedroom, full bath & lg walk-in closet + private patio - ideal guest retreat. Cathedral ceilings, walls of glass & high-end finishes throughout; beautifully maintained and move-in ready including furnishings! HOA amenities incl: heated garage w/ EV charging, dog wash, car detailing, ski/snowboard storage, roll-up door storage, curated LA designer gym, owner's lounge w/ fireplace & BBQ deck, 13' lake-view spa & firepit, heated paver walkways. Penthouse units of this caliber, with true elevator access, rarely come to market. 1 reserve parking space & 1 floating parking space.Offered as-is, http://tiny.cc/P301 Amenities: http://tiny.cc/Amenities
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2020 · county record | $1,950,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1 Big Water Drive #A301, Crystal Bay
Nightly rates and occupancy from Crystal Bay market data (150 comparable 3-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
