$10,500,000 Active
3540 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.
5 Beds
·
4.0 Baths
·
3,331 Sq Ft
Virtual Tour

About This Property

Nestled along Tahoe’s coveted West Shore, Homewood Harbor is the lakefront retreat you’ve been dreaming of. Designed with boating enthusiasts in mind, the property features a private pier, two buoys, and a rare boat garage complete with an automatic door and marine rails that extend directly into the lake. Perfectly positioned at the water’s edge, the main residence captures the essence of classic Tahoe lakefront living with panoramic views of Lake Tahoe and seamless indoor-outdoor living. The main level offers an open floor plan designed for gathering and entertaining, flowing effortlessly onto a spacious lakeside deck ideal for summer dining and sunset evenings. Outside, a level lawn leads directly to the shoreline, creating an exceptional setting for lakeside living and recreation. Set on .43 acres with adjacent U.S. Forest Service land to the north, the property enjoys an added sense of privacy and tranquility. A private water intake system services the home as well. Inside, the residence features four bedrooms and three full bathrooms, including a primary suite with unparalleled lake views. The inviting living area centers around a cozy wood-burning fireplace, while the kitchen is well-equipped for entertaining with ample prep space, generous storage, and an additional wet bar for hosting family and friends with ease. Zoned as a duplex with a grandfathered separate guest house, the property offers exceptional flexibility and privacy for guests or extended family. The guest house includes a full kitchen, bunk room, laundry area, and additional storage space. Ideally located directly on the paved bike path, Homewood Harbor provides easy access to all of the area’s favorite attractions, including Homewood Mountain Resort, hiking and biking trails, and beloved local restaurants such as Shadyside Lounge and Fire Sign Café.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 20260954
Days on Market 1
Price/Sq Ft $3,152

Property History

May 22, 2026
Listed for sale
$10,500,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,331
Lot Size 0.42 acres
Stories 2
Year Built 1971
Property Type Single Family Residence
Style Old Tahoe
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085-180-002
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level,Downslope,Gentle
View Lake,Panoramic-Lake,Panoramic
Construction Framed,Wooded
Roof Composition
Utilities & Systems
Heating CFAH
Water Source Buoy,Buoy Permitted,Pier,Pier/Permitted,Other
📊

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 — 3540 West Lake Boulevard, Homewood

Est. Annual Revenue
$465,075
Avg Nightly Rate
$3975
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 76 / 100 (Luxury) · 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% ($2,100,000)
Home price
$10,500,000
Loan details
30-yr fixed, 6.5%
Request a Tour
A
Real Estate Tahoe
Real Estate Agent

Send a Message