$699,000 Active
3101 Lake Forest Road #137
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
·
1.5 Baths
·
1,408 Sq Ft
Virtual Tour

About This Property

Prepare to be delighted by this excellent value end-unit townhome in the highly desirable Lake Forest Glen community of Tahoe City. This freshly painted 3-bedroom, 1.5-bath residence features updated vinyl windows, a bright living room, spacious dining area, and a convenient half bath, and hook ups for full size washer and dryer. Upstairs, you'll find three comfortable bedrooms and a shared full bathroom, providing plenty of space for family and guests. The HOA maintains beautifully landscaped, park-like grounds and offers an impressive array of amenities, including a swimming pool, relaxing hot tub, multiple tennis and pickleball courts, and a children's playground. Ideally situated within the complex, this home provides easy access to Skylandia State Park and beach, and endless year-round recreation. Downtown Tahoe City is just a short drive or bike ride away, while Palisades Tahoe and Alpine Meadows are easily accessible for world-class skiing and snowboarding. Offering a relaxed mountain setting with exceptional access to everything North Lake Tahoe has to offer, this property is an ideal full-time residence, vacation home, short-term rental, or long-term investment opportunity.

Listed by Beth Taylor — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261701
Days on Market 1
Price/Sq Ft $496

Property History

Aug 14, 2026
Listed for sale
$699,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1993 · county record $82,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,408
Year Built 1972
Property Type Residential
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093413014000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Condo/PUD Project
Construction Frame
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $645 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

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 — 3101 Lake Forest Road #137, Tahoe City

Est. Annual Revenue
$45,123
Avg Nightly Rate
$227
Projected Occupancy
54.5%
Cap Rate
2.6%
Structural Score: 50 / 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
$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% ($139,800)
Home price
$699,000
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