Sold $1,200,000 $1,245,000 Closed
3040 Electric Drive
Homewood, CA 96141
SOLD 2026-07-23
Sold for $1,200,000 (listed at $1,245,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
2 Beds
·
2.0 Baths
·
1,097 Sq Ft
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About This Property

Nestled along the coveted West Shore of Lake Tahoe, this exquisitely curated mountain retreat captures filtered lake views and offers effortless access to Hurricane Bay and nearby beaches. Meticulously renovated, the residence features two bedrooms, two baths, and a dedicated office, seamlessly blending refined modern living with timeless Tahoe elegance. A covered front porch with inviting seating and custom swinging benches creates a seamless extension of the living spaceperfect for morning coffee, aprs-ski gatherings, or quiet evenings immersed in the alpine surroundings. From here, one is led into the inviting great room, defined by soaring exposed timber beams, rich hardwood flooring, a classic wood-burning fireplace, and expansive picture windows that bathe the interiors in natural light while framing tranquil forest vistas. Designed for both elevated entertaining and intimate mountain evenings, the chef's kitchen showcases premium stainless-steel Viking appliances, sleek quartz countertops, vaulted ceilings, and skylights that enhance the home's warm architectural character. The serene primary suite with exposed beams continue the home's sophisticated alpine aesthetic and open to a spa-inspired outdoor deck complete with a hot tuban idyllic setting to unwind after a day spent skiing, biking, or exploring nearby trails. Additional enhancements include beautifully updated baths, a newer furnace, tankless water heater, Nest thermostat, Level smart lock, designer lighting, stackable washer and dryer, and newly installed bear fencing. Rich in craftsmanship and thoughtful detail, the exterior features hand-milled siding crafted from historic pier posts and a detached shed with water and electricity, offering exceptional flexibility for storage or workspace use. This rare West Shore offering embodies the perfect balance of understated luxury, modern comfort, and sophisticated mountain living in one of Tahoe's most sought-after settings.

Listed by Rita Shah — Windermere Signature Propertie

Listing Details

Status Closed
MLS # 20260821
Sold Date 2026-07-23
Sold Price $1,200,000
Price/Sq Ft $1,135

Property History

May 15, 2026
Listed for sale
$1,245,000
Jul 27, 2026
Sold
$1,200,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2024 · via MLS history $1,145,000 — —
Jul 2026 · this listing $1,200,000 (+5%) Rita ShahWindermere Signature Propertie John BieblSierra Sotheby's Int - Rock

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,097
Lot Size 0.48 acres
Year Built 1960
Property Type Single Family Residence
Style Ranch
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085050034000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Greenbelt, Corner Lot
View Filtered, Trees/Woods, Mountain(s)
Construction Masonry, Wood Siding
Roof Shake/Shingle
Foundation Other
Utilities & Systems
Heating Natural Gas, Wood Stove

STR Investment Summary — 3040 Electric Drive, Homewood

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
1.5%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (69 comparable 2-bedroom rentals, 2026-08); 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
2,447 sq ft covered of 484 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
18,015 sq ft
Allowed Coverage
484 sq ft · 3%
Existing Coverage
2,447 sq ft · 14%
Addable Coverage
0 sq ft

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

$1,600 – $1,800/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$460,740
FAIR Plan (fire)
$1,300/yr
DIC wrap (theft, water, liability)
$300 – $500/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
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