$2,425,000
SOLD JUL 25, 2025

120 State Route 28 Unit 18 Crystal Bay, NV 89402

1 Bed
1.5 Baths
1,153 Sq Ft
$1,437/mo HOA Fee

Recently Sold

$2,103 Per Sq Ft

13% Below List Price

186 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Gated Parking
  • Incline High School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of July 2025

Highly coveted and beautifully remodeled 1-bedroom, 1.5-bath residence in the prestigious Stillwater Cove community. This elegant home features 1,153sf with an open floor plan with potential to expand an additional 900sf. It offers abundant natural light and breathtaking lake views! High-end finishes include granite countertops, hardwood and stone flooring, custom cabinetry, and designer lighting. The gourmet kitchen offers top-of-the-line appliances, while the primary suite boasts a spa-like bath with a step-in shower, dual vanity, and ample closet space. The elegant interior includes a fireplace, hardwood floors, and indoor laundry. Conveniently located near parking & tennis courts. Situated in a 24-acre gated community, amenities include a private marina with gas dock and buoy field, sandy beach, tennis courts, fitness center, pool, spa, and the most beautiful lakeside restaurant, for owners only. With only 47 units, Stillwater Cove is a sanctuary of luxury with desired amenities.

Last Agent to Sell the Property

Christine Perry

Christie's Sereno License #S.192951 Listed on: 01/20/2025

Christie's Sereno

Last Buyer's Agent

Denise Bremer

Sierra Sotheby's International License #S.173035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,343

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Lake Front
  • Sloped Lot

HOA Fees

  • $1,437 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,153 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Recessed Lighting
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Living
  • Dining Room
  • Storage Room
  • Utility Room
  • Lake Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Gated Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Solar Heated Spa

Outdoor Features

  • Private Dock
  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 123-272-21

Community Details

Overview

  • Stillwater Cove HOA, Phone Number (775) 831-5400

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,343

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,437 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Condominium,Multi Family
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Slate
  • Interior Amenities: Granite Counters, Kitchen/Family Room Combo, Marble Counters, Recessed Lighting
  • Living Area: 1153.0
  • Dining Room Type: Dining Room, Family Room, Storage Room, Utility Room

Exterior Features

  • Lot Features: Lake Front, Sloped
  • Pool Features: Heated, In Ground, Pool
  • Topography: Sloping
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Exterior Features: Deck, Dock, Tennis Court(s)
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Pitched

Garage/Parking

  • Parking Features: Assigned, Covered, Garage, Gated

Utilities

  • Laundry Features: Laundry in Utility Room, Laundry Room
  • Heating: Natural Gas, Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4311.0
  • Association Fee Frequency: Quarterly
  • Association Name: Stillwater Cove HOA
  • Phone: 775-831-5400
  • Association: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 123-272-21

Tax Info

  • Tax Annual Amount: 4343.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Downing John
Bought by
John Downing Living Trust and Downing

Purchase Details

Closed on
Feb 12, 2022
Sold by
Downing Family Trust
Bought by
Downing John

Purchase Details

Closed on
Feb 10, 2021
Sold by
Downing John and Downing Janine
Bought by
Downing John and Downing Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Rahlves Dennis L and Rahlves Sally H
Bought by
Downing John and Downing Janine

Purchase Details

Closed on
Jun 8, 2016
Sold by
Sells John E
Bought by
Dennis And Sally Rahlves Family Trust

Purchase Details

Closed on
Aug 11, 2006
Sold by
Nipp Degenkolb Shirley
Bought by
Sells John E and John E Sells Family Trust

Purchase Details

Closed on
May 2, 2001
Sold by
Nipp Degenkolb Shirley
Bought by
Nipp Degenkolb Shirley and Degenkolb Family 2001 Trust
Source: Public Records

Similar Home in Crystal Bay, NV

  • 120 State Route 28 Unit 18, Crystal Bay, NV 89402

    $2,500,000

    • 1 Bed
    • 2 Baths
    • 1,153 Sq Ft
    • 120 State Route 28
    • Unit 18
    • Crystal Bay, NV

    Highly coveted and beautifully remodeled 1-bedroom, 1.5-bath residence in the prestigious Stillwater Cove community. This elegant home features 1,153sf with an open floor plan and the potential to expand an additional 900sf. It offers abundant natural light and breathtaking lake views! High-end finishes include granite countertops, hardwood and stone flooring, custom cabinetry, and designer

    Christine Perry Christie's Int'l R.E. Sereno

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $1,500,000 First American Title
Bargain Sale Deed $875,000 First American Title Iv
Bargain Sale Deed $850,000 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $975,000 New Conventional
Previous Owner $391,000 New Conventional
Previous Owner $417,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $2,425,000 -3.0% $2,103 / Sq Ft
03/21/2025 03/21/25 Price Changed $2,500,000 -10.6% $2,168 / Sq Ft
01/20/2025 01/20/25 For Sale $2,795,000 -- $2,424 / Sq Ft
Source: Incline Village REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,703 $341,671 $302,505 $39,166
2024 $4,703 $304,314 $263,060 $41,254
2023 $4,421 $300,055 $263,060 $36,995
2022 $4,709 $262,729 $228,760 $33,969
2021 $4,367 $232,977 $198,905 $34,072
2020 $4,343 $225,540 $191,275 $34,265
2019 $4,527 $197,276 $163,485 $33,791
2018 $4,350 $176,582 $143,395 $33,187
2017 $4,204 $170,580 $137,445 $33,135
2016 $4,048 $161,308 $130,900 $30,408
2015 $2,021 $154,473 $124,670 $29,803
2014 $3,939 $147,169 $115,430 $31,739
2013 -- $119,439 $88,795 $30,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1016885

Incline Village REALTORS®

APN: 123-272-21