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  • $1,650,000

    115 Cypress Way, Stateline, NV 89449

    4beds
    2,472sqft
    Single Family Residence
    Built in 1980
    0.28 Acres Lot
    $1,650,100 Zestimate®
    $667/sqft
    $-- Estimated rent

    Home value

    $1,650,100

    $1.50M - $1.82M

    Not available

    Zestimate® history
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    What's special

    Welcome to 115 Cypress Way, a beautifully upgraded and fully furnished four-bedroom, two-bathroom mountain retreat nestled on a quiet cul-de-sac in Stateline, Nevada. Backing directly to the Tahoe National Forest, this home offers rare and immediate access to the famed Tahoe Rim and Van Sickle trail systems, creating a seamless blend of serene privacy and outdoor adventure. Whether you're seeking a luxurious personal getaway, an income-generating vacation rental, or both, this property offers an exceptional opportunity in one of Lake Tahoe's most coveted locations. Inside, you'll find nearly 2,500 square feet of thoughtfully updated living space designed for comfort and function. The main level features an inviting great room with a custom stone electric fireplace and artisan timber mantel, complemented by a bay window seat perfect for reading or relaxing. A spacious dining area connects to the modern kitchen, complete with stainless steel appliances, a breakfast bar, and contemporary lighting. Two bedrooms and a full bathroom on the main level provide flexibility and accessibility for guests, children, or multigenerational living. Upstairs, two additional bedrooms share a spa-inspired bathroom featuring a steam shower, soaking tub, walk-in shower, and elegant vanity. The home also includes a separate lofted office space outfitted with a desk, monitor, keyboard, and mouse—ideal for remote work or extended stays. A laundry room with new washer and dryer, built-in cabinetry, sink, and a convenient dog door rounds out the practical elements that make this home truly turnkey. Step outside to enjoy the newly constructed oversized deck, complete with a 7-person hot tub, gas grill, outdoor dining setup, and a fully fenced backyard—perfect for entertaining, relaxing, or letting pets roam freely. The gently sloped driveway accommodates four vehicles and leads to a finished two-car garage with EV charger, 200 amp electrical service, new composition roof in 2024, keyless entry, and a second dog door. A newly built high-ceiling shed provides additional storage or potential for creative use. Beyond the home itself, the location is nothing short of spectacular. Within minutes, you can access world-class skiing at Heavenly, golfing at Edgewood Tahoe, the Lam Watah Nature Trail to dog-friendly Nevada Beach, and the shops, dining, and entertainment of Heavenly Village and Stateline casinos. For outdoor enthusiasts, this property offers a unique opportunity to hike, bike, ski, or paddleboard—all without needing to drive far. This home has operated as a successful 5-star vacation rental, with a 58 percent occupancy rate and a 60 percent review rate, highlighting its appeal, reliability, and income-generating potential. With central heating, ceiling fans in every bedroom, five exterior security cameras, a noise monitoring system, and up-to-date safety features including smoke and carbon monoxide detectors in every bedroom and hallway, peace of mind comes standard. Whether you're envisioning family ski holidays, tranquil summer evenings under the stars, or consistent short-term rental revenue, 115 Cypress Way delivers the lifestyle, location, and luxury to make it all possible. This is Lake Tahoe living at its finest—where nature, comfort, and investment opportunity come together in perfect harmony. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging. Actual property condition may differ.

    Zillow last checked: 8 hours ago

    Listing updated: November 21, 2025 at 10:22am

    Listed by:

    Craig Zager S.23628 775-901-4663,

    Coldwell Banker Select ZC

    Bought with:

    Jean Merkelbach, B.12934

    Engel & Volkers Lake Tahoe

    Source: NNRMLS,MLS#: 250056143MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Oven, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Washer
    • Laundry: Cabinets, Laundry Room, Shelves, Sink, Washer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Porcelain, Slate, Stone, Tile, Travertine
    • Windows: Blinds, Display Window(s), Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows, Skylight(s), Vinyl Frames
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Circulating, Gas, Insert
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,472
    • Total interior livable area: 2,472 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Smart Irrigation
    • Pool features: None
    • Has spa: Yes
    • Spa features: Above Ground, Fiberglass, Heated, Private
    • Fencing: Back Yard,Front Yard,Full,Partial
    • Has view: Yes
    • View description: Mountain(s), Peek, Trees/Woods
    Lot
    • Size: 0.28 Acres
    • Features: Cul-De-Sac, Gentle Sloping, Landscaped, Level, Sprinklers In Front, Wooded
    Details
    • Additional structures: Shed(s)
    • Parcel number: 131826514006
    • Zoning: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Asphalt, Attic/Crawl Hatchway(s) Insulated, Batts Insulation, Blown-In Insulation, Board & Batten Siding, Concrete, Ducts Professionally Air-Sealed, Exterior Duct-Work is Insulated, Foam Insulation, Frame, Glass, HardiPlank Type
    • Foundation: Concrete Perimeter, Crawl Space, Full Perimeter, Pillar/Post/Pier
    • Roof: Composition,Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Not Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
    Green energy
    • Water conservation: Efficient Hot Water Distribution, Low-Flow Fixtures, Water-Smart Landscaping

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Alarm, Keyless Entry, Security Lights, Security System Owned, Smoke Detector(s)
    Location
    • Region: Stateline
    • Subdivision: Granite Springs

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/21/2025Sold$1,650,000$667/sqft
    Source: NNRMLS #250056143
    9/23/2025Contingent$1,650,000$667/sqft
    Source: NNRMLS #250056143
    9/20/2025Listed for sale$1,650,000+36.1%$667/sqft
    Source: NNRMLS #250056143
    7/24/2023Sold$1,212,500-6.7%$490/sqft
    Source: NNRMLS #230006620
    7/3/2023Pending sale$1,299,999$526/sqft
    Source: NNRMLS #230006620

    Public tax history

    Tax history is unavailable.

    Neighborhood: 89449

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Zephyr Cove
    • Middle: Whittell High School - Grades 7 + 8
    • High: Whittell - Grades 9-12

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,650,100
    2% more+ $33,002
    With Zillow Showcase(estimated)
    $1,683,102