Sold $1,455,000 $1,575,000 Closed
605 Grand Avenue
Homewood, CA 96141

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SOLD 2025-10-06
Sold for $1,455,000 (listed at $1,575,000)
3 Beds
·
2.5 Baths
·
1,878 Sq Ft

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Our data on this home

About This Property

Located in the desirable Tahoe Pines neighborhood, 605 Grand Avenue is a warm and welcoming mountain home set on an oversized, naturally landscaped lot just blocks from Lake Tahoe. This property includes voluntary HOA access to a shared deep-water pier and beach, for just $250/year—an incredible amenity in a legacy West Shore neighborhood. The main level features vaulted ceilings, large windows, and an open-concept layout filled with natural light. The kitchen is equipped with granite countertops, a center island, and ample cabinetry, flowing seamlessly into the dining and living areas with direct access to a spacious front deck—ideal for outdoor dining or relaxing under the pines. The primary bedroom, home office, and a powder bath are also located on this level. A convenient service elevator connects the garage level to the main floor, making it easy to transport groceries, gear, or luggage between levels.

Listed by Brittany Rupp — Brittany Rupp Homes

Listing Details

Status Closed
MLS # 20251594
Sold Date 2025-10-06
Sold Price $1,455,000
Price/Sq Ft $839

Property History

Jul 12, 2025
Listed for sale
$1,650,000
Current
Sold
$1,455,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,878
Lot Size 0.34 acres
Year Built 2003
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085151002
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Plumbing, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street, Corner Lot
View Trees/Woods
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $250 / Annually
HOA & Community
Community Amenities Beach Access, Other/See Remarks

STR Investment Summary — 605 Grand Avenue, Homewood

Est. Gross Annual Revenue
$60K – $90K
typically ~$75,000
Avg Nightly Rate
$457
Projected Occupancy
45.0%
Cap Rate
1.9%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (173 comparable 3-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,071 sq ft covered of 3,753 sq ft allowed
1,682 sq ft of coverage still available to add.
Parcel Size
15,013 sq ft
Allowed Coverage
3,753 sq ft · 25%
Existing Coverage
2,071 sq ft · 14%
Addable Coverage
1,682 sq ft
Land Capability · TRPA-verified
5

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

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

$3,600 – $4,200/yr
about $325/mo
Est. Rebuild Cost (Coverage A)
$1,032,900
FAIR Plan (fire)
$3,000/yr
DIC wrap (theft, water, liability)
$600 – $1,200/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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