$1,588,000
118 Marlette Drive
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
·
2.0 Baths
·
1,664 Sq Ft

About This Property

Experience the pinnacle of North Shore living in this classic mountain retreat. Nestled in the highly coveted Dollar Point community, this home perfectly blends mountain style comfort with world-class amenities, making it the ultimate sanctuary for friends and family alike. Offering 4 bedrooms including a loft providing plenty of room for friends and family to enjoy. The Dollar Point Association grants you access to some of the finest amenities on Lake Tahoe. Soak up the sun on a pristine stretch of Tahoe shoreline, enjoy the community pier along with seasonal buoy availability for your days on the water, stay active with a heated swimming pool and professional-grade tennis courts. Life is better by the Lake!

Listed by Glenn Gill — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20260339
Days on Market 17
Price/Sq Ft $954

Property History

Mar 16, 2026
Listed for sale
$1,588,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,664
Lot Size 0.23 acres
Stories 2
Year Built 1976
Property Type Single Family Residence
Style Modified A-Frame
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 093-230-007-000
Parking
Parking Features None
Exterior & Lot
View Lake,Peek,Filtered
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating CFAH
Water Source Shared Pier
Financial
HOA Fee $1,420
HOA / Community www.dollarpoint.org
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts
📊

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 — 118 Marlette Drive, Tahoe City

Est. Annual Revenue
$87,595
Avg Nightly Rate
$712
Projected Occupancy
36.6%
Cap Rate
2.2%
Structural Score: 50 / 100 (Standard) · 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% ($317,600)
Home price
$1,588,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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