$650,000 $729,000 ↓ $79,000 reduced Active Under Contract

160 Laramie Street

Markleeville, CA 96120

STR Status Unknown

4 Beds

2.0 Baths

1,825 Sq Ft

About This Property

This beautifully remodeled home is just a short walk from downtown Markleeville, and set in a secluded location across the street from the Markleeville Creek. The home features four lovely bedrooms, two with built-in murphy beds, and two full baths. The cozy great room features a wood burning stove with a brick hearth surround, creating the perfect gathering spot. A specious two car garage includes a utility room and plenty of storage. Enjoy both covered and uncovered decks, mature pines and fruit trees, and scenic views from the newly built outdoor sauna!

Listed by Sandra Dobronte — Berkshire Hathaway HomeService

Listing Details

Status Active Under Contract

MLS # 260000309

Days on Market 215

Price/Sq Ft $356

Property History

Jan 09, 2026

Listed for sale

$650,000

Jul 12, 2026

Price changed

$650,000

Aug 08, 2026

Pending

$650,000

Sale History · changed hands 1×

Sold	Price	Listing agent (sell side)	Buyer agent (buy side)
May 2023	$459,000	Teddy McKoneIntero	Michelle KeckBerkshire Hathaway HomeService

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 4

Baths 2.0

Sq. Ft. 1,825

Lot Size 0.29 acres

Stories 1

Year Built 1965

Property Type Single Family Residence

APN 002-310-007-0

Parking

Garage Spaces 2

Total Parking 3

Parking Features Additional Parking, Attached, Garage, Garage Door Opener

Attached Garage Yes

Exterior & Lot

Exterior Features Balcony, Dog Run, Fire Pit

Lot Features Landscaped, Sloped Up

View Mountain(s), Trees/Woods

Roof Composition

Foundation Crawl Space

Utilities & Systems

Heating Forced Air, Propane

Financial

Annual Tax $4,900

Schools

Elementary School Diamond Valley

Middle School Diamond Valley

High School Out Of Area

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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($130,000)

Home price

$650,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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