$1,588,000 Active
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! Amenity information can be found at DollarPoint.org

Listed by Glenn Gill — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261091
Days on Market 37
Price/Sq Ft $954

Property History

Jun 06, 2026
Listed for sale
$1,588,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,664
Lot Size 0.23 acres
Year Built 1976
Property Type Single Family Residence
Style Modified A-Frame
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093230007000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Peek
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating CFAH
Financial
HOA Fee $1,420 / Annually

STR Investment Summary — 118 Marlette Drive, Tahoe City

Est. Annual Revenue
$70,284
📲
See the full STR projection in the app
Average nightly rate, occupancy rates & monthly revenue graphs — plus this home's building-permit history and more. Free in the Real Estate Tahoe app.
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($317,600)
Home price
$1,588,000
Loan details
30-yr fixed, 6.5%
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