$1,588,000
118 Marlette Drive
Tahoe City, CA 96145
This home was taken off the market. See 6 similar homes for sale in and around Tahoe City ↓

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
4 Beds
·
2.0 Baths
·
1,664 Sq Ft

Our data on this home

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! Amenity information can be found at DollarPoint.org

Listed by Glenn Gill — Coldwell Banker Realty

Listing Details

Status Withdrawn
MLS # 20260339
Days on Market 223
Price/Sq Ft $954

Property History

Mar 16, 2026
Listed for sale
$1,588,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2002 · county record $498,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$55K – $85K typically ~$70,000
~$5,833 per month
Avg Nightly
$426
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 118 Marlette Drive, Tahoe City

Est. Gross Annual Revenue
$55K – $85K
typically ~$70,000
Avg Nightly Rate
$426
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (136 comparable 4-bedroom rentals, 2026-10); 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
1,796 sq ft covered of 2,520 sq ft allowed
724 sq ft of coverage still available to add.
Parcel Size
10,082 sq ft
Allowed Coverage
2,520 sq ft · 25%
Existing Coverage
1,796 sq ft · 18%
Addable Coverage
724 sq ft

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 ↗ How the Basin compares

Home Insurance Estimate

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

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$698,880
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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

$9,822 per month
Principal & interest
$8,030/mo
Property taxes
$1,411/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$118/mo
From MLS listing data.
Home insurance
$263/mo
CA FAIR Plan + DIC estimate, ~$2,900–$3,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($317,600)
Home price
$1,588,000
Loan details
30-yr fixed, 6.5%
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