$7,880,000
130 Granite Crest Drive
Stateline, NV 89449
STR Status Unknown
8 Beds
·
7.0 Baths
·
6,438 Sq Ft
·
142876 Lot

About This Property

At the edge of Heavenly's Boulder Lodge parking lot, where a discreet paved road vanishes into the forest, lies one of Lake Tahoe's most private and extraordinary estates. Virtually unknown to the public, this rare compound is as secluded as they come—so hidden that most people don't even know it exists. Behind a stone gate, the drive meanders nearly a mile through towering pines before revealing a setting unlike any other. Spanning over 3.2 acres across two parcels, the property encompasses three separate structures and borders endless National Forest land, with Edgewood Creek flowing nearby and the Tahoe Rim Trail just steps away. While wrapped in privacy, the location is uniquely central—just below Heavenly Ski Resort (with potential ski-in access from out-of-bounds terrain) and minutes to the lake, Edgewood Golf Course, and Stateline's amenities. The centerpiece is the main residence, a three-story, 4,000+ sq. ft. architectural retreat with commanding lake views. Its great room is a showstopper, with vaulted ceilings, exposed beams enhanced by backlighting, bamboo floors, and a massive stone fireplace—all framing sweeping panoramas of Tahoe. Four bedrooms (including two suites) and four full baths are complemented by a mid-level family room, three fireplaces, and a versatile lower-level office with custom built-ins that could easily transition into a bedroom, theater, or gaming space. A series of rear decks stretch across the rear of the property, designed for entertaining against the backdrop of Tahoe sunsets. The detached ~1,200 sq. ft. guest house offers complete independence with its own two-car garage, two bedrooms (one ensuite), two full baths, and a full kitchen, dining area, and living room. Multiple decks invite guests to enjoy the views in privacy. A third structure houses a ~1,000 sq. ft. caretaker's apartment with one bedroom suite, full kitchen, dining, and living areas. Covered stairs lead to its entry, while the unit itself is perched above a five-car garage—perfect for car collections, boats, or Tahoe's essential toys. All three dwellings feature recently painted stucco exteriors, durable metal roofs, and a design that emphasizes longevity and low maintenance. Expansive asphalt parking areas provide ample space for RVs, trailers, and gatherings of any size. This is not just a property—it's a legacy compound, a private hideaway of scale and stature rarely seen in Lake Tahoe. 130-140 Granite Crest stands as a once-in-a-generation opportunity to own a true hidden estate in the Basin.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 250056188
Days on Market 172
Price/Sq Ft $1,224

Property History

Sep 23, 2025
Listed for sale
$7,880,000
Property Overview
Beds 8
Baths 7.0
Sq. Ft. 6,438
Lot Size 3.28 acres
Stories 3
Year Built 1988
Property Type Single Family Residence
APN 1319-30-101-001
Parking
Garage Spaces 9
Total Parking 20
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Sloped Down
View City, Meadow, Mountain(s), Ski Resort, Trees/Woods
Construction Stucco
Roof Metal, Pitched
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Water Source Edgewood Creek
Financial
Annual Tax $5,928
HOA / Community Granite Crest Estates
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None
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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% ($1,576,000)
Home price
$7,880,000
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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