About This Property
Widely regarded as the premier residence within Stillwater Cove, this meticulously reimagined 4,000+ sq ft, 4-bedroom end-unit was taken to the studs and rebuilt under renowned contractor Peter Angella to an uncompromising standard. Wide-plank hardwood floors, full Miele appliance suite with built-in coffee machine, wine refrigerator, warming drawer and double ovens, in-floor hydronic heat, fully air conditioned, and a Generac backup battery system. The open-concept main level features astriking black marble gas fireplace, floating staircase adorned with cascading galaxy light fixtures, and backlit acoustical panels — plus a television that slides from behind the fireplace. The expanded deck includes built-in ceiling heaters. The primary suite frames panoramic lake views with a spa-inspired bath, rain shower and soaking tub. Lower level offers a bedroom suite with wet bar and private deck, plus a bonus room, wine cellar, and generous storage. Set within Crystal Bay's exclusive 47-unit, 24-acre Stillwater Cove community — the North Shore's premier lakefront resort — amenities include a full-service marina, buoy field, sandy beach, pool, tennis, fitness center, private restaurant, and 24/7 onsite management. Buoys and boat slips subject to availability.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Nov 2016 · county record | $3,890,000 | Deed record — brokerage sides not reported | |
| Aug 2026 | $10,650,000 (+174%) | William DietzTahoe Luxury Properties | Jeffrey BrownTahoe Mountain Realty |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 120 State Route 28 # 47, Crystal Bay
Based on comparable vacation rental performance data for Crystal Bay. 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.
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
