$3,900,000 Active
5275 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.
4 Beds
·
3.0 Baths
·
3,649 Sq Ft

About This Property

Welcome to your ultimate Tahoe retreat. Tucked away on the historic west shore in Homewood, this brand new lodge style retreat is custom-built for large gatherings and effortless mountain living. The design centers around big open spaces, featuring a massive gourmet kitchen, a grand main-floor great room, and a huge upstairs family room complete with a wet bar. No detail was spared on the build quality, showcasing rich, vertical grain fir accents, extensive outdoor decking, and heavy-duty infrastructure like dual furnaces, twin tankless water heaters, a back-up generator, and a big three-car garage. Best of all, you are walking distance to Homewood Ski Resort and perfectly positioned right between Homewood Marina and Obexer's Boat Company. Offered fully furnished and completely turnkey right down to the linens, this property is ready to host your next chapter today.

Listed by Bret Churchman — COMPASS

Listing Details

Status Active
MLS # 20261496
Days on Market 50
Price/Sq Ft $1,069

Property History

Jul 18, 2026
Listed for sale
$3,900,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,649
Lot Size 0.40 acres
Year Built 2026
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 097140014
Parking
Garage Spaces 3
Parking Features Three, Attached, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Peek
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
73
PROJECTED GROSS ANNUAL REVENUE
$75K – $115K typically ~$100,000
~$8,333 per month
Avg Nightly
$856
Occupancy
32%
Cap Rate
1.0%

STR Investment Summary — 5275 West Lake Boulevard, Homewood

Est. Gross Annual Revenue
$75K – $115K
typically ~$100,000
Avg Nightly Rate
$856
Projected Occupancy
32.0%
Cap Rate
1.0%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (111 comparable 4-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.

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% ($780,000)
Home price
$3,900,000
Loan details
30-yr fixed, 6.5%
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