$699,000 $700,000 ↓ $1,000 reduced Active

3101 Lake Forest Road #112

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

1,408 Sq Ft

About This Property

This is one of the best, if not THE BEST. locations in Lake Forest Glen. #112 is an end unit with open space on the side yard...... AND...... Looks out onto and backs up to the meadow. No one behind you! Easy access off of Bristlecone. Bristlecone beach is only a short walk from your condo when you are not using the pools or tennis courts. This unit is original and will be in need of a remodel. The owner is older and has lots of stuff but is slowly moving out. We'll go "active" as soon as there is some breathing room inside. Again, I can't think of a better Lake Forest Glen location.

Listed by Brad Hester — Hester Real Estate

Listing Details

Status Active

MLS # 20261363

Days on Market 13

Price/Sq Ft $496

Property History

Jul 02, 2026

Listed for sale

$699,000

Property Overview

Beds 3

Baths 2.0

Sq. Ft. 1,408

Property Type Residential

Style Mountain

Subdivision North LakeTahoe

County Placer

STR Jurisdiction Placer County

APN 093411001000

Parking

Parking Features None

Exterior & Lot

Lot Features Greenbelt

View Meadow

Foundation Concrete Perimeter

Financial

HOA Fee $627 / Monthly

HOA & Community

Community Amenities Pool, Tennis Court(s)

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

STR Investment Summary — 3101 Lake Forest Road #112, Tahoe City

Est. Annual Revenue

$45,672

Avg Nightly Rate

$230

Projected Occupancy

54.5%

Cap Rate

2.6%

Structural Score: 52 / 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

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($139,800)

Home price

$699,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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