$1,090,000 Active
125 Lassen Drive #17
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.
3 Beds
·
2.0 Baths
·
1,500 Sq Ft

About This Property

Exceptional 3-Level Tahoe Townhome with Mountain Views & Lake Access. Situated in the desirable Northshore Townhouse Association (a boutique community of just 52 homes on 26 acres), offering 400 feet of private beach, a 192-foot pier and a buoy field. A functional, expansive 3-level layout providing great separation of space for family, guests, and entertaining. Right next to Lake Tahoe, yet just minutes away from world-class ski resorts and the vibrant shops and restaurants of Tahoe City. Whether you are looking for a winter ski chalet, a summer lakeside escape, or a year-round mountain home, this property delivers the quintessential Tahoe lifestyle across every level.

Listed by Glenn Gill — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261601
Price/Sq Ft $727

Property History

Aug 01, 2026
Listed for sale
$1,090,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,500
Year Built 1977
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093550021000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
View Filtered, Trees/Woods
Roof Composition
Utilities & Systems
Heating CFAH
Financial
HOA Fee $3,450 / Quarterly
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s)
📊

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 — 125 Lassen Drive #17, Tahoe City

Est. Annual Revenue
$45,878
Avg Nightly Rate
$231
Projected Occupancy
54.6%
Cap Rate
1.7%
Structural Score: 53 / 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
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% ($218,000)
Home price
$1,090,000
Loan details
30-yr fixed, 6.5%
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