$3,750,000 Active
2885 West Lake Boulevard
Homewood, CA 96141

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
4 Beds
·
3.0 Baths
·
1,984 Sq Ft

Our data on this home

About This Property

Stunning Lake Tahoe right out your door on West Shore. Incredible views and 91' of lake frontage plus 2 permitted buoys. Located in Hurricane Bay right down the road from Homewood Ski Resort with the brand new gondola. 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 vintage cabin has been in this family since 1960 and has created so many cherishe memories. It's now time for a new legacy for this exceptional property and present an unique opportunity for those wishing to design and build their own dream Lake Tahe 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 newly updated West Shore bike trail is right our the door. From snowpcappped Winter 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 # 20262140
Price/Sq Ft $1,890

Property History

Oct 20, 2026
Listed for sale
$3,750,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,984
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085040027000
Parking
Parking Features None, RV Access/Parking, Parking Pad
Exterior & Lot
View Lake
Construction Frame
Roof Composition
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$25K – $70K typically ~$45,000
~$3,750 per month
Avg Nightly
$385
Occupancy
32%
Cap Rate
0.5%

STR Investment Summary — 2885 West Lake Boulevard, Homewood

Est. Gross Annual Revenue
$25K – $70K
typically ~$45,000
Avg Nightly Rate
$385
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (107 comparable 4-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
4,166 sq ft covered of 3,937 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
21,186 sq ft
Allowed Coverage
3,937 sq ft · 19%
Existing Coverage
4,166 sq ft · 20%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
5

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,800 – $4,500/yr
about $346/mo
Est. Rebuild Cost (Coverage A)
$1,091,200
FAIR Plan (fire)
$3,200/yr
DIC wrap (theft, water, liability)
$600 – $1,300/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$22,639 per month
Principal & interest
$18,962/mo
Property taxes
$3,331/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$346/mo
CA FAIR Plan + DIC estimate, ~$3,800–$4,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($750,000)
Home price
$3,750,000
Loan details
30-yr fixed, 6.5%
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