$1,995,000 Pending
450 Grand Avenue
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
·
2,835 Sq Ft
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About This Property

Nestled in the highly sought-after Tahoe Pines neighborhood on Lake Tahoe’s desirable West Shore, this beautifully crafted mountain home offers the perfect blend of comfort, style, and year-round recreation. Designed for gathering and entertaining, an open-concept layout seamlessly connects the living area, dining space, and chef’s kitchen. The spacious great room features soaring pine ceilings, hewn hickory flooring, and a floor-to-ceiling natural stone fireplace, creating a warm and inviting mountain ambiance. The kitchen is appointed with granite countertops, updated appliances, and ample space for preparing meals and hosting guests. Two decks extend the living space outdoors, creating inviting spaces for relaxation and entertaining. The main level features two bedrooms, including the spacious primary suite, while the lower level offers three additional bedrooms, two full baths, and a separate family room. This thoughtfully designed floor plan provides ample space and privacy for family and friends. Located just blocks from the crystal-clear waters of Lake Tahoe, the property includes access to the private Tahoe Pines HOA beach and is conveniently situated near Blackwood Canyon, world-class skiing, golf courses, hiking and biking trails, and numerous West Shore beaches. Whether you're seeking a full-time residence, vacation home, or investment property, this exceptional Homewood mountain retreat offers an unparalleled Tahoe lifestyle.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Pending
MLS # 20261125
Days on Market 46
Sold Date 2026-08-25
Price/Sq Ft $704

Property History

Jun 10, 2026
Listed for sale
$1,995,000
Current
Pending
$1,995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2016 · county record $975,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 5
Baths 4.0
Sq. Ft. 2,835
Lot Size 0.23 acres
Year Built 2014
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085211016
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $250 / Annually
HOA & Community
Community Amenities Other/See Remarks
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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 — 450 Grand Avenue, Homewood

Est. Annual Revenue
$73,913
Avg Nightly Rate
$430
Projected Occupancy
47.1%
Cap Rate
1.5%
Structural Score: 63 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,794 sq ft covered of 2,505 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,019 sq ft
Allowed Coverage
2,505 sq ft · 25%
Existing Coverage
2,794 sq ft · 28%
Addable Coverage
0 sq ft
IPES Score
674.0

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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