$479,900
761 Milky Way Court #A
Stateline, NV 89449
STR Status Unknown
2 Beds
·
1.0 Baths
·
840 Sq Ft
·
2178 Lot

About This Property

Affordable Lake Tahoe Living at Its Finest! Tucked among the trees just minutes from Heavenly Ski Resort, this fully remodeled 2-bedroom, 1-bath end-unit townhome offers the perfect blend of modern comfort and mountain charm in beautiful Lake Tahoe. Surrounded by forest views from an abundance of windows, the home is filled with natural light and a true sense of serenity. Inside, you'll find stylish updates throughout, including a cozy gas fireplace with a wood mantle—perfect for snowy Tahoe evenings. The thoughtfully renovated kitchen and bathroom feature contemporary finishes, while a heated bathroom floor and high-efficiency central heating ensure year-round comfort. A refrigerator, washer, and dryer are all included for move-in-ready convenience. The primary bedroom offers a private slider with direct walkout access to the forest, creating a peaceful retreat right outside your door. All windows have been upgraded with durable vinyl frames for enhanced energy efficiency. Outdoor living is elevated with a brand-new 10-foot-wide deck spanning each level, along with a new metal grate staircase—seamlessly extending your living space and providing the ideal setting to relax or entertain in the fresh mountain air. Below the unit, a large deeded storage area offers ample room for all your summer and winter gear. With just six units in the building, this rare offering delivers an intimate community feel while maintaining privacy and tranquility. Whether you're seeking a full-time residence, weekend escape, or investment opportunity, this beautifully updated Sierra retreat is your gateway to enjoying Tahoe in every season.

Listed by Jason Lococo — Dickson Realty - Gardnerville

Listing Details

Status Active
MLS # 260002050
Days on Market 12
Price/Sq Ft $571

Property History

Feb 25, 2026
Listed for sale
$479,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 840
Lot Size 0.05 acres
Stories 2
Year Built 1977
Property Type Townhouse
Subdivision Tahoe Village
APN 1319-30-615-001
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Corner Lot, Gentle Sloping, Wooded
View Mountain(s), Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space, Pillar/Post/Pier
Pool & Spa
Pool Outdoor Pool
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,391
HOA Fee $445 / Monthly
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 Parking, Pool, Shuttle Service, 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% ($95,980)
Home price
$479,900
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