Active

Price cut: $24K (7/30)

$324,000

111 Tramway Dr #11, Stateline, NV 89449

1beds

540sqft

$2,437/mo

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Condominium

Built in 1977

-- sqft lot

$308,700 Zestimate^®

$600/sqft

$331/mo HOA

What's special

Common area parkingPitched composition shingle roofNatural gas heatingMountain and valley viewsBuilt-in dishwasherElectric cooktopNew carpeting

Well-positioned condominium in the Summit Tahoe Village area offering mountain and valley views just moments from Heavenly Ski Resort and Lake Tahoe. This move-in-ready residence or successful short-term rental has been recently refreshed with new interior paint, creating a clean and inviting living environment. The main living space is anchored by a fireplace, adding warmth and character, while the elevated setting brings in natural light and surrounding views. The kitchen includes an electric cooktop, and single oven. Additional features include a sauna, natural gas heating, a pitched composition shingle roof, and common area parking. Ideally located for year-round recreation, this property presents an opportunity as a primary residence, second home, or investment.

115 days
373
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas

Appliances

Included: Dishwasher, Disposal, Electric Cooktop, Microwave, Oven, Refrigerator
Laundry: Common Area

Features

Ceiling Fan(s), High Ceilings, Smart Thermostat
Flooring: Laminate
Windows: Double Pane Windows
Number of fireplaces: 1
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 540
Total interior livable area: 540 sqft

Video & virtual tour

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Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Patio & porch: None, Deck
Exterior features: None
Spa features: None
Fencing: None

Lot

Features: Sloped Up

Details

Additional structures: None
Parcel number: 131919611012
Zoning: 240

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Foundation: Slab
Roof: Composition,Pitched,Shingle

Condition

New construction: No
Year built: 1977

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Water Available

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Summit Village

HOA

Has HOA: Yes
Amenities included: None
Services included: Snow Removal
HOA fee: $1,000 annually
HOA name: Summit Village HOA
Second HOA fee: $745 quarterly
Second HOA name: Tramway Apartment Condos HOA

Location

Region: Stateline

Financial & listing details

Price per square foot: $600/sqft
Tax assessed value: $50,877
Annual tax amount: $1,165
Date on market: 5/8/2026
Cumulative days on market: 116 days
Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan

Estimated market value

$308,700

$293,000 - $324,000

$1,900/mo

Price history

Date	Event	Price
7/30/2026	Price change	$324,000-6.9%$600/sqft
Source: NNRMLS #260005716 Report a problem
5/8/2026	Listed for sale	$348,000+83.2%$644/sqft
Source: NNRMLS #260005716 Report a problem
5/20/2019	Sold	$190,000+10.1%$352/sqft
Source: Public Record Report a problem
6/29/2018	Sold	$172,500$319/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,100 +6.8%	$50,877 -1%
2024	$1,030 +9.1%	$51,396 +1.7%
2023	$944 +8%	$50,533 +16.8%
2022	$874 +3.3%	$43,254 -0.2%
2021	$846	$43,322 +10.7%
2020	--	$39,123
2019	$816	$39,123 +7.6%
2018	$816 +9.1%	$36,343 -0.4%
2017	$747	$36,504 +14.9%
2016	$747 +2.6%	$31,770
2015	$728 +3.7%	$31,770 +7.3%
2014	$702	$29,598 +15%
2013	--	$25,734 +1.1%
2012	--	$25,462 -18.3%
2011	--	$31,177 -11.3%
2010	--	$35,162 -20.3%
2009	--	$44,132 +3.8%
2008	--	$42,524 +0.6%
2007	--	$42,275 +48.4%
2006	--	$28,480 +56%
2005	$389 +7.3%	$18,258 +23.7%
2004	$363	$14,760 -0.7%
2003	--	$14,871