Sold $469,000 Closed
3101 Lake Forest Road #81
Tahoe City, CA 96145

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SOLD 2026-02-20
Sold for $469,000
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
2 Beds
·
1.5 Baths
·
990 Sq Ft
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It sold for $469,000 on 2026-02-20, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Prepare to be delighted by this excellent value end-unit townhome in the desirable Lake Forest Glen community of Tahoe City. This 2-bedroom, 1.5-bath residence features updated vinyl windows, newer carpeting, and an upgraded kitchen with newer appliances. The main level offers a bright, south-facing living room and a convenient half bath with a stackable washer and dryer. Upstairs, you’ll find a spacious primary bedroom, a guest bedroom, and a shared full bathroom. The HOA maintains beautifully landscaped, park-like grounds and offers a swimming pool, relaxing hot tub, multiple tennis and pickleball courts, and a children’s playground. Ideally situated within the complex, this unit provides easy access to nearby trails, Skylandia State Park, and year-round recreation. Downtown Tahoe City is just a short drive or bike ride away, with Palisades Tahoe/Alpine Meadows easily accessible for winter adventures. Lake Forest Glen offers a relaxed mountain setting with exceptional access to all that North Lake Tahoe has to offer—making this an ideal full-time residence, second home, STR or long-term rental opportunity.

Listed by David Westall — Sierra Sotheby's Int - Rock

Listing Details

Status Closed
MLS # 20260216
Sold Date 2026-02-20
Sold Price $469,000
Price/Sq Ft $474

Property History

Feb 20, 2026
Listed for sale
$469,000
Current
Sold
$469,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 990
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093416024000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
Construction Frame
Roof Composition
Utilities & Systems
Heating CFAH
Financial
HOA Fee $587 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)

STR Investment Summary — 3101 Lake Forest Road #81, Tahoe City

Est. Gross Annual Revenue
$25K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
3.4%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (52 comparable 2-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,200 – $1,400/yr
about $108/mo
Est. Rebuild Cost (Coverage A)
$297,000
FAIR Plan (fire)
$1,000/yr
DIC wrap (theft, water, liability)
$200 – $400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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