Sold $5,600,000 $6,292,000 Closed
5010 West Lake Boulevard
Homewood, CA 96142

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SOLD 2025-12-01
Sold for $5,600,000 (listed at $6,292,000)
1 Beds
·

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Our data on this home

About This Property

Ready to Build Lakefront Parcel with an original refurbished 1-Room Sleeping Cabin. The cabin offers a high-end finished space to come inside, relax, take a nap, entertain guests &/or plan for your perfect buildout of this property. This is an unbelievable location on Tahoe's West Shore with a beautiful beach, level .52 acres of land & 287 feet of parcel depth from the road to low water. Development rights are TRPA approved with significant verified building coverage providing the ultimate opportunity to build you Dream Lake Tahoe Beach House. Enjoy exceptional proximity to the up-and-coming Discovery Land Company's Homewood Mountain & Lake Club (https://discoverylandco.com/locations/homewood/). This is one of the most exciting destinations in the world for unsurpassed boating, skiing and alpine recreating. Additionally enjoy the region's finest dining, historical marinas, beautiful state parks & endless backcountry trails - All right out the front door! Truly, one of the best locations at Lake Tahoe!

Listed by Darin Vicknair — Berkshire Hathaway HomeService

Listing Details

Status Closed
MLS # 20250883
Sold Date 2025-12-01
Sold Price $5,600,000

Property History

May 14, 2025
Listed for sale
$6,995,000
Current
Sold
$5,600,000
Property Overview
Beds 1
Lot Size 0.52 acres
Property Type Single Family Residence
Style Other
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 097122033
Parking
Parking Features None
Exterior & Lot
View Lake, Panoramic-Lake, Mountain(s)

STR Investment Summary — 5010 West Lake Boulevard, Homewood

Est. Gross Annual Revenue
$15K – $30K
typically ~$25,000
Avg Nightly Rate
$214
Projected Occupancy
32.0%
Cap Rate
0.2%
Structural Score: 39 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (70 comparable 2-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.

Home Insurance Estimate

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

$11,400 – $13,300/yr
about $1,029/mo
Est. Rebuild Cost (Coverage A)
$3,775,200
FAIR Plan (fire)
$9,500/yr
DIC wrap (theft, water, liability)
$1,900 – $3,800/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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