$1,090,000 Pending
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 Pending
MLS # 20261601
Days on Market 47
Sold Date 2026-09-28
Price/Sq Ft $727

Property History

Aug 01, 2026
Listed for sale
$1,090,000
Sep 08, 2026
Pending
$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 $3,410 / 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

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
1.7%

STR Investment Summary — 125 Lassen Drive #17, Tahoe City

Est. Gross Annual Revenue
$25K – $60K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (164 comparable 3-bedroom rentals, 2026-08); 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

Over coverage limit
642 sq ft covered of 44 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
876 sq ft
Allowed Coverage
44 sq ft · 5%
Existing Coverage
642 sq ft · 73%
Addable Coverage
0 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 ↗

Building Permit History

Placer County permit records for this parcel

Building/Residential/Full Review/NA
DONE
Permit #TCON 57959
Building/Residential/Full Review/NA
DONE
Permit #TCON 15434-1

Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message