$26,000,000
5020 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.
6 Beds
·
6.5 Baths
·
6,295 Sq Ft

About This Property

Homewood Legacy Lakefront - Exquisite craftsmanship defines this OOA & Olson-built residence set along the coveted shores of Homewood on Lake Tahoe’s West Shore. Thoughtfully designed in the spirit of classic Old Tahoe architecture, the home showcases beautifully executed cabinetry, rich woodwork, and precision-crafted stonework, seamlessly blending timeless character with modern comfort. Set behind a gated entry, the level lakefront grounds feature a lush lawn framed by towering cedar trees, creating a serene and private setting. Enjoy approximately 133 feet of lake frontage, two buoys, and a shared pier. The residence offers six spacious bedroom suites, along with exceptional amenities including a generous game and media room with bar, sauna, library, and wine room. A separate in-law suite provides additional flexibility for guests or extended stays. Expansive windows invite abundant natural light throughout, enhancing the warm and inviting atmosphere. Recognized for its architectural excellence, this home received the 2012 Classic Old Tahoe Award in the Tahoe Quarterly Mountain Home Awards. A rare West Shore offering that captures the essence of Tahoe’s legacy lakefront living, with a short walk to Homewood Resort, groceries, coffee, and Swiss Lakewood for fine dining.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Active
MLS # 20260510
Days on Market 1
Price/Sq Ft $4,130

Property History

Apr 07, 2026
Listed for sale
$26,000,000
Property Overview
Beds 6
Baths 6.5
Sq. Ft. 6,295
Stories 3
Year Built 2009
Property Type Single Family Residence
Style Old Tahoe
Subdivision Westshore LK TH
APN 097-122-028
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Phone,High Speed Internet,Sauna,Wine Room
Lot Features Level,Downslope,Gentle
View Lake,Panoramic-Lake,Mountain
Construction Framed,Masonry,Wooded
Roof Shake/Shingle
Utilities & Systems
Heating Natural Gas,Hydronic,In Floor
Water Source Buoy,Shared Pier
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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%

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% ($5,200,000)
Home price
$26,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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