$4,000,000
2885 West Lake Boulevard
Homewood, CA 96141
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
3.0 Baths
·
1,984 Sq Ft
Virtual Tour

About This Property

Discover lakeside living at it's finest with this extraordinary split-lakefront home featuring 91' of lake frontage and two buoys. Located in Hurricane Bay, one of the most coveted enclaves on Lake Tahoe's prestigious West Shore - because as the locals say, "West Shore is the Best Shore." Set on an expansive 21,168 sq. ft. lot, this property offers an unmatched connection to Tahoe's crystal water. Whether arriving by boat or enjoying the shoreline, this setting is nothing short of iconic. National Forest is your neighbor on the mountain side. The rustic cabin has been in this family since 1960 and has created so many cherished memories. The time has come for a new legacy for this exceptional property and presents a unique opportunity for those wishing to design and build their dream Lake Tahoe estate. Unparalleled access to world-class recreation surrounds you with Homewood Mountain Resort less than 3 miles away, Palisades Tahoe just 11 miles and all the excitement and culture of Tahoe City is only 4 miles to the north. The west shore bike trail is newly paved and right out the door. From snow-capped Winters to sunsoaked Summers, every Tahoe season is at your doorstep. This is more than a property - it's an invitation to live the Tahoe dream, where mountain luxury meets lakeside tranquility.

Listed by Jan Chamberlain — Chase International - TC

Listing Details

Status Active
MLS # 20252177
Days on Market 195
Price/Sq Ft $2,016

Property History

Sep 19, 2025
Listed for sale
$4,000,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,984
Lot Size 0.49 acres
Stories 2
Year Built 1930
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085-040-027-000
Parking
Parking Features None
Exterior & Lot
View Lake,Panoramic-Lake
Roof Composition
Utilities & Systems
Water Source Buoy Permitted,Other
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 2885 West Lake Boulevard, Homewood

Est. Annual Revenue
$196,560
Avg Nightly Rate
$1680
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Homewood. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($800,000)
Home price
$4,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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