$859,000 Active
620 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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this address. Permits don't transfer automatically with a sale — verify current status with the county.
2 Beds
·
1.0 Baths
·

About This Property

Small in stature, but big on impact, this Tahoe Pines cabin is sure to delight! Located just 5 miles from Tahoe City in Homewood, this home is a year round destination for those seeking adventure or simply to relax. Beautifully remodeled 2-bedroom, 1-bath home with a versatile loft is currently operating as a successful vacation rental — offered fully furnished and equipped, making it a rare turnkey opportunity for 1031 exchange unvestors or savvy homeowners looking for a simple, cared for cabin. The main floor features a bedroom, full bath, and open living room; upstairs, a second cozy living space is perfect for movie nights or quiet relaxation, as well as a larger bedroom with king size bed. The remodeled kitchen shines with shaker cabinetry, sparkling blue pendant lighting, solid-surface countertops, and stainless appliances. Heated floors keep winters comfortable, complemented by a real wood-burning, glass-front woodstove for ambiance, and wall heaters for zoned warmth. Outside, a private, fully landscaped and irrigated yard offers multiple zones for lawn games, winding pathways, mature plantings, and a hammock strung between the trees. The large back deck includes a spa tub and space for alfresco dining, with a privacy screen shielding the space from neighbors. Need more space, a storage shed for securing off season patio furniture, e-bikes, paddleboards, or ski gear is included. Other upgrades include entire roof replacement (2026) for a better insurance rate. Location seals the deal: just 5 miles from Tahoe City on Tahoe's west shore, and just a few blocks from the HOA pier and lake access. Minutes from some of the region's best hiking including Eagle Rock with it's panoramic lake views. At one of Grand Avenue, Lake Tahoe and the pier, at the other end, trails through old-growth aspen groves, the Gnome Village, and Blackwood Canyon's miles-long routes into Desolation Wilderness and the Rubicon Trail.

Listed by Rebecca Arnold — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261780

Property History

Aug 26, 2026
Listed for sale
$859,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2003 · county record $330,000 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 2
Baths 1.0
Lot Size 0.14 acres
Year Built 1961
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085142020
Parking
Parking Features None
Exterior & Lot
Lot Features Street
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$18K – $33K typically ~$25,459
~$2,122 per month
Avg Nightly
$155
Occupancy
45%
Cap Rate
1.2%

STR Investment Summary — 620 Grand Avenue, Homewood

Est. Gross Annual Revenue
$18K – $33K
typically ~$25,459
Avg Nightly Rate
$155
Projected Occupancy
45.0%
Cap Rate
1.2%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (69 comparable 2-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
20 sq ft covered of 1,501 sq ft allowed
1,481 sq ft of coverage still available to add.
Parcel Size
6,005 sq ft
Allowed Coverage
1,501 sq ft · 25%
Existing Coverage
20 sq ft · 0%
Addable Coverage
1,481 sq ft
Land Capability · TRPA-verified
3, 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 ↗

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% ($171,800)
Home price
$859,000
Loan details
30-yr fixed, 6.5%
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