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Off market
  • $622,600

    761 Milky Way Ct #F, Stateline, NV 89449

    3beds
    1,218sqft
    Condo
    Built in 1977
    -- sqft lot
    $622,600 Zestimate®
    $511/sqft
    $3,135 Estimated rent

    Home value

    $622,600

    $554,000 - $710,000

    $3,135/mo

    Zestimate® history
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    Owner options

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    $3,135/mo

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    $3,135/mo

    Rent Zestimate®

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    $4,038/mo

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    $4,038/mo

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    What's special

    Turnkey investment property. This condo, located at the top of Heavenly Mountain, features views of Lake Tahoe, 3 bedrooms and a loft area, as well as 2 full baths. As configured, the home sleeps 8, but could easily accommodate more (and thus generate more revenue) with another bunk bed and a sleeper sofa. Successful short-term rental history, with over $37k booked for 2020, even after losing $9k of bookings due to COVID. Current owners block off potential rental time for personal use. Act now and the rental income can be yours! This condo is conveniently located between the Stagecoach and Boulder lifts at Heavenly. The free shuttle to the lifts stops at the condo’s parking lot. It’s located on the main bus route, so it’s easy to get to the casinos and restaurants in South Lake Tahoe. The pool and hot tub are almost across the street from the parking lot, within easy walking distance. The Tahoe Rim Trail is nearby as well. There is a convenient store and great restaurant in the neighborhood, and major grocery stores are just 10 minutes away. It’s a short 10-15 minute drive to Tahoe beaches, casinos and Heavenly Ski Village. Carson City is a half hour drive; the Reno airport is about an hour and fifteen minutes. The condo is two levels: the main floor hosts an open dining/family room with vaulted wood ceilings and exposed beams, a woodburning fireplace, fully stocked kitchen, two bedrooms, a full bathroom, and laundry closet. The master bedroom has its own balcony and walk-in closet, which is currently locked and used as an owner’s closet. Upstairs is another bathroom, a full bath, and a large loft area with bunk beds. The condo comes fully furnished, complete with custom built dining room table, flat screen TV, washer/dryer combo, beds and dressers, bed linens and towels, and all kitchen appliances, including a dishwasher. Dishes, pots and pans, cooking tools, etc. are all included. The front door has an electronic lock that can be remotely programmed, as well as a Ring security camera for security. This is a fantastic opportunity to buy a turnkey Vacation Rental Home, or invest in some updates to gain instant equity and charge even more rent. Let vacationers pay for your Heavenly condo--all you have to do is create your own AirBnb listing! Agent co-op 2.5%. No listing solicitations please.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Wall, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,218 sqft

    Property

    Features
    • Exterior features: Wood
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 871 Square Feet

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Metal
    Condition
    • Year built: 1977

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $439 monthly
    Location
    • Region: Stateline

    Financial & listing details

    • Price per square foot: $511/sqft

    Price history

    DateEventPrice
    2/4/2021Listing removed--
    Source: Owner Report a problem
    12/17/2020Pending sale$449,900$369/sqft
    Source: Owner Report a problem
    7/23/2020Listed for sale$449,900+85.5%$369/sqft
    Source: Owner Report a problem
    12/12/2013Sold$242,500$199/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 89449

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $622,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $622,600