$3,790,000
323 Tramway Drive #308
Stateline, NV 89449
STR Status Unknown
3 Beds
·
4.5 Baths
·
2,915 Sq Ft
·
3049 Lot

About This Property

Welcome to Residence #308 at The Peak, a rare new construction luxury development less than a mile from Heavenly Ski Resort. This stunning mountain modern unit features 2,915 interior square feet, dual primary suites, and an airy open concept design. Step out onto your private balcony and be captivated by stunning views of Lake Tahoe. Building amenities include a private owner's lounge, 24/7 fitness center, pool, indoor spa and sauna, two dedicated garage parking spaces, slope shuttle service, concierge services, and more. The kitchen is an entertainer's dream, featuring luxury Miele appliances and an oversized island with seating. The large dining area can easily accommodate 10 guests. Cozy up next to the gas fireplace in the great room and enjoy sunset views of the lake. As an added plus, the entry powder room, coat room, and laundry room provide convenience and additional storage after a long day on the mountain. This rare unit features dual primary suites. Each is a true retreat, featuring a walk-in closet and a spacious dual vanity ensuite bathroom with freestanding tub for the ultimate in privacy and comfort. For added versatility, this residence includes a multi-functional bonus room that can be used as an office space, den, or workout room, tailored to suit your lifestyle. Currently under construction with an estimated delivery of Q1 2026, The Peak offers an array of luxury amenities, including on-site concierge services, a private owner's lounge and boardroom, a well-equipped fitness center, indoor spa and sauna, reserved covered garage parking, and access to Tahoe Village Plaza's nearby outdoor pool, spa, sundeck, and clubhouse. Located less than a mile from two Heavenly base areas, with shuttle service to and from the slopes, The Peak offers convenient access to world-class skiing. Owners can enjoy the serenity and beauty of the mountain from their private residence while still being close to the action--Stateline Casinos, Edgewood Golf Course, and the shores of Lake Tahoe are all within five miles. Experience luxury living at its finest in Residence #308 at The Peak. Elevate your life with a rare opportunity to own a piece of paradise at the top of the mountain in Stateline, NV. Note: The renderings provided are for illustrative purposes only and are subject to change at any time. Please review the final project documents for accurate and up-to-date information.

Listed by Mike Leach — Sierra Sotheby's Int'l. Realty

Listing Details

Status Active
MLS # 240013997
Days on Market 490
Price/Sq Ft $1,300

Property History

Nov 02, 2024
Listed for sale
$3,790,000
Property Overview
Beds 3
Baths 4.5
Sq. Ft. 2,915
Lot Size 0.07 acres
Stories 1
Year Built 2025
Property Type Condominium
Subdivision New Peak Tahoe
APN 1319-30-544-054
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Sloped Up, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods
Construction Concrete, Glass, Stone
Roof Asphalt, Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, Heat Pump
Cooling Electric, Heat Pump
Financial
Annual Tax $1,262
HOA Fee $969 / Monthly
HOA / Community Peak Tahoe 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 Fitness Center, Landscaping, Management, Pool, Sauna, Shuttle Service, Spa/Hot Tub, Clubhouse/Recreation Room
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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%

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% ($758,000)
Home price
$3,790,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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