$2,350,000
100 Lassen Drive #59
Tahoe City, CA 96145
✓ 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
·
1,947 Sq Ft

About This Property

An exceptional opportunity to purchase a property within the exclusive, legacy enclave of The Northshore. Ideally situated near Tahoe City, this generational condo captures the essence of “Old Tahoe” while offering an extraordinary lakefront lifestyle. An end unit sitting on an expansive lawn that leads down to the lake with private amenities including a sandy beach, pier and buoy field. There are also tennis courts and a swimming pool within the community - so many summer memories ready to be made! Inside, the open concept living area is warm and inviting with lake views, an abundance of natural light, a fireplace and a deck out the back, perfect for soaking in the sunshine, and complete with an en-suite bedroom. Upstairs is the large primary suite with more stunning lake views, two bedrooms and an additional full bathroom. Just minutes to world class skiing and all that North Lake Tahoe has to offer - you don’t want to miss this one!

Listed by Chris Hernandez — COMPASS

Listing Details

Status Active
MLS # 20260544
Price/Sq Ft $1,207

Property History

Apr 12, 2026
Listed for sale
$2,350,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,947
Lot Size 0.04 acres
Stories 2
Year Built 1978
Property Type Residential
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093-570-012
Parking
Parking Features None
Financial
HOA Fee $3,410
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 100 Lassen Drive #59, Tahoe City

Est. Annual Revenue
$102,823
Avg Nightly Rate
$888
Projected Occupancy
31.2%
Cap Rate
1.8%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. Revenue projections are estimates and may 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($470,000)
Home price
$2,350,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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