$399,000
259 Tramway Drive # 3
Stateline, NV 89449
STR Status Unknown
2 Beds
·
1.0 Baths
·
600 Sq Ft

About This Property

Welcome to your Lake Tahoe retreat! This beautifully maintained 2 bedroom, 1 bathroom condo is ideally located on the Nevada side of Lake Tahoe, just minutes from the shores of the lake and world-class skiing at Heavenly Ski Resort. Enjoy the freedom of short-term rental opportunities, thanks to Nevada's rental friendly regulations, making this an excellent investment or your personal vacation home. The unit is being sold fully furnished, so you can move right in and start enjoying mountain living from day one. With low HOA dues, you'll appreciate the ease of ownership while still benefiting from a well-kept community. This includes a common area pool and hot tub! Whether you're seeking a cozy personal getaway, an income-generating property, or both, this Tahoe gem checks all the boxes: location, convenience, and investment potential. Please remove your shoes when touring this beautiful condo.

Listed by Jeffrey Peterson — Excel Real Estate Consultants

Listing Details

Status Active
MLS # 250055476
Days on Market 185
Price/Sq Ft $665

Property History

Sep 05, 2025
Listed for sale
$399,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 600
Stories 1
Year Built 1979
Property Type Condominium
Subdivision Tahoe Village
APN 1319-30-518-003
Exterior & Lot
Exterior Features Balcony
Lot Features Sloped Down
View Mountain(s), Peek
Roof Flat
Foundation Raised
Utilities & Systems
Heating Fireplace(s), Natural Gas
Cooling Central Air
Financial
Annual Tax $811
HOA Fee $370
HOA / Community Tahoe Village
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 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% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444