$2,250,000 Closed
1320 Edelweiss Lane
Tahoe City, CA 96145
SOLD 2023-06-23
Sold for $2,250,000
Real Estate Tahoe listed and sold this home
5 Beds
·
5.0 Baths
·
2,302 Sq Ft
Virtual Tour

About This Property

From the Silicon Valley techie to the retired urban sophisticate, the avid skier/boarder to the laid-back outdoorsman-everyone has a reason to love Edelweiss. "Design and detail" are the words that best sum up this fully-remodeled and creatively expanded, architectural hideaway. While remarkably high-tech, the home retains the comfort and vibes of a luxury cabin escape, complete with wood-burning fireplace and massive view windows looking out to a large cedar deck and the trees beyond. While spectacular as a 5-bed family home, through clever design those five beds and baths can be divided into multiple, independent living spaces of 1-4 bedrooms each. For example: the area above the garage can be a one-bedroom living space, making the rest of the home a 4+4. Or, turn a key to reconfigure the home into a 3+3 and a 2+2. (It must be seen to appreciate the possibilities!) All of this makes for a dynamic, customizable, rental-income property capable of hosting multiple parties simultaneously or an idyllic setup for a single, multi-generational family or group. The details continue throughout the property: two separate heating and air conditioning systems (with filtration) provide clean air throughout and can be programmed independently in case two parties are using the home at the same time; the HVAC, NuHeat floors, Lutron lighting system, and door locks (including garage doors) can all be controlled from your phone; the garage is equipped with large bay doors to accommodate your Tahoe vehicles and an EV charger is already installed to charge them; keyless entry; heated floors in all baths and mudroom; and Cat 6 cabling in case needed. Lest we forget our setting, the forest views from the spacious back deck give a feeling of serenity while you relax into the mountain setting. Hike, bike, ski, or snowshoe from your backyard right into the national forest on the greenbelt trail. It's just 8 quick minutes driving down the Truckee River to turn up mountain to Alpine Meadows or Palisades Tahoe ski resorts. For summer fun, 5 mins brings you to Tahoe City to sun, splash or paddle at the beach, hop on a boat at the marina, or enjoy a gourmet meal overlooking Lake Tahoe. And 5 mins to the South has you driving along the crystal blue water of Tahoe's famed Westshore. Truly a place of magic and escape, Edelweiss is a life-changing opportunity.

Listed by Kristina Mattson — Chase International - TC

Listing Details

Status Closed
MLS # 20230598
Sold Date 2023-06-23
Sold Price $2,250,000
Price/Sq Ft $977

Property History

May 19, 2023
Listed for sale
$2,250,000
Current
Sold
$2,250,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 2,302
Lot Size 0.23 acres
Year Built 1973
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 083281008000
Parking
Garage Spaces 2
Parking Features Two, Attached, Boat, RV Garage, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Utilities & Systems
Heating Natural Gas, Wood Stove, Radiant
Cooling Air Conditioning

STR Investment Summary — 1320 Edelweiss Lane, Tahoe City

Est. Gross Annual Revenue
$65K – $105K
typically ~$85,000
Avg Nightly Rate
$629
Projected Occupancy
37.0%
Cap Rate
1.5%
Structural Score: 65 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (139 comparable 4-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

Room to build
1,578 sq ft covered of 2,519 sq ft allowed
941 sq ft of coverage still available to add.
Parcel Size
10,077 sq ft
Allowed Coverage
2,519 sq ft · 25%
Existing Coverage
1,578 sq ft · 16%
Addable Coverage
941 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 ↗
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