$1,698,000 $1,790,000 ↓ $92,000 reduced Active
245 Hot Springs Road
Markleeville, CA 96120

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STR Status Unknown
3 Beds
·
6.0 Baths
·
3,927 Sq Ft

Our data on this home

About This Property

The Hawk's Nest, corporate and family wellness retreat is the perfect place to balance your mind, body, and spirit.For the last few years it has been a successful retreat for yoga instructors, youth group leaders, corporate and private groups. This luxurious home is located in historic Markleeville. A gorgeous property, nestled on five private acres, it is a wonderful destination location for year round outdoor activities. The property has been completely remodeled as a wellness and corporate retreat. There are 3 bedrooms, 6 baths and a loft with a queen sleeper for additional guests. You will love the open floor plan, vaulted ceilings, and two gourmet kitchens with a large granite island. The spacious yoga room is complete with hanging basket chairs for enjoying the incredible views. The lower level has an additional 2,000 square feet that is perfect for a workshop, home theater or gym. It is only a short 25 minute drive to beautiful Lake Tahoe, Heavenly Valley and Kirkwood Ski resorts.It is a perfect location in the summer for fishing, hiking and mountain biking. In the winter your guests will enjoy cross-country skiing, snowmobiling and sledding. The mountain and meadow panoramic views will take your breath away.

Listed by Sandra Dobronte — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 260000369
Days on Market 279
Price/Sq Ft $432

Property History

Jan 11, 2026
Listed for sale
$1,790,000
Jul 12, 2026
Price reduced
$1,698,000 $1,790,000 ↓ $92,000
Property Overview
Beds 3
Baths 6.0
Sq. Ft. 3,927
Lot Size 19.10 acres
Stories 3
Year Built 1989
Property Type Single Family Residence
Subdivision Carson Ridge
APN 002-250-016-000
Parking
Garage Spaces 6
Total Parking 6
Parking Features Additional Parking, Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Dog Run, Entry Flat or Ramped Access
Lot Features Level
View Meadow, Trees/Woods
Roof Metal
Foundation Slab
Utilities & Systems
Heating Baseboard, Fireplace(s), Hot Water, Propane, Wood
Financial
Seller's Annual Tax $18,102
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

STR analysis
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Home Insurance Estimate

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

$9,200 – $10,800/yr
about $833/mo
Est. Rebuild Cost (Coverage A)
$1,649,340
FAIR Plan (fire)
$7,700/yr
DIC wrap (theft, water, liability)
$1,500 – $3,100/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

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

$10,834 per month
Principal & interest
$8,586/mo
Property taxes
$1,415/mo
1% of the price, California's base rate, plus local bonds and direct charges: California re-assesses a home at its sale price. The $18,102 on this listing is the seller's bill.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$833/mo
CA FAIR Plan + DIC estimate, ~$9,200–$10,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($339,600)
Home price
$1,698,000
Loan details
30-yr fixed, 6.5%
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