331 Quaking Aspen Building

Brent Knittel | Launch Lake Tahoe, Inc | (775) 450-6653

331 Quaking Aspen, Stateline, NV

Build Your Dream Ski Condo. Walking distance to the Stagecoach Lift at Heavenly Mountain Resort. Benefit from Nevada tax structure.

4BR/3BA Condo

offered at $200,000

Year Built	2011
Sq Footage	3,000
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	3
Parking	Unspecified
Lot Size	435 sqft
HOA/Maint	$0 per month

DESCRIPTION

Goal is to remove 2 condo units built in 1976 and replace with brand new construction. Each unit could go to +/- 3000 sq ft with garages. I attached pictures of the current building along with pictures of what I think the new construction should look like.

Opportunity-
The area around the Stagecoach Lift at Heavenly Mountain Resort is all 1970s construction and most were built without garages/carports. New construction in an area of old construction and units with garages will carry a premium even in a down market. For example, a newly completed unit located 1/2 mile away sold 6.29.11 for $875,000. Unit is located at 470 Quaking Aspen and has 2494 sq ft.

In addition, Vail Resorts continues to invest in this area. Link to moves by Vail for our area in 2010 http://launchlaketahoe.com/content/vail-buys-northstar

With this purchase you could buy one unit and partner for the the new build out or buy both units and build your dream situation.

I can take care of all construction or sell off each unit. Open to ideas and/or partnerships. Price of each condo building right depends on level of involvement.

Comparable Lots within 1 mile-
470 Quaking Aspen sold for $480,000 on 3.5.09
736 Bonnie sold for $300,000 on 2.11.2008

Building location will be 331 Quaking Aspen Stateline, NV 89449