$3,995,000 Active
1480 North Lake Boulevard
Tahoe City, CA 96161
✓ 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
·
2.5 Baths
·
1,648 Sq Ft

About This Property

Rare opportunity to own 120 feet of prime Lake Tahoe frontage just moments from the heart of Tahoe City. This exceptional lakefront property offers breathtaking panoramic lake views, a charming 3-bedroom, 2.5-bath residence, and outstanding redevelopment potential to create a legacy estate in one of Tahoe's most sought-after locations. Enjoy the convenience of walking to Tahoe City's shops, restaurants, and marinas while experiencing the privacy and serenity of expansive waterfront living. Whether you're seeking an immediate lakefront retreat or envisioning a custom dream home, this is a truly exceptional offering with endless possibilities.

Listed by Nathan Riedel — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20261364
Days on Market 1
Price/Sq Ft $2,424

Property History

Jul 02, 2026
Listed for sale
$3,995,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,648
Lot Size 0.34 acres
Year Built 1977
Property Type Single Family Residence
Style Old Tahoe
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094160003
Parking
Parking Features None
Exterior & Lot
View Lake
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
📊

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 — 1480 North Lake Boulevard, Tahoe City

Est. Annual Revenue
$201,123
Avg Nightly Rate
$1719
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 55 / 100 (Premium) · 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% ($799,000)
Home price
$3,995,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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