$755,000 Active
3101 Lake Forest Road #149
Tahoe City, CA 96145

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
📋 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.
4 Beds
·
2.0 Baths
·
1,408 Sq Ft

Our data on this home

About This Property

Welcome to Lake Forest Glen Unit #149, a rare, spacious 4-bedroom, 2-bath townhouse offering 1,408 square feet of alpine comfort in one of North Lake Tahoe’s most coveted, amenity-rich communities. • Smart, Flexible Layout: A functional main-level bedroom is paired with three additional bedrooms upstairs, easily accommodating family, remote work needs, or visiting guests. • Warm Alpine Character: The living room anchors around a custom rock-hearth fireplace with classic brass accents, flowing seamlessly into an updated kitchen featuring rich wood cabinetry, a gas range, a newer refrigerator, and a curved breakfast bar made for après-ski gatherings. • Lakeside Convenience: Situated on the quiet, highly desirable lakeside-of-the-highway side of Lake Forest Road—meaning no crossing North Lake Boulevard—you’re minutes from Lake Forest Beach, Skylandia Park, local bike paths, and downtown Tahoe City. • Resort-Style Amenities: Step outside your private deck to towering pines, or take advantage of the neighborhood pools, tennis and pickleball courts, sauna, hot tub, playgrounds, and open green spaces. • Turnkey & Versatile: Complete with a front-entry electric car charger and low-maintenance HOA coverage (snow removal and exterior upkeep), this property shines as a primary residence, a ready-to-enjoy mountain escape, or an investment property (proven ski-lease potential at $3,500/month). • Close of escrow shall occur after 1/1/2027.

Listed by Wendell Ulberg — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20262194
Days on Market 1
Price/Sq Ft $536

Property History

Nov 01, 2026
Listed for sale
$755,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 1997 · county record $95,500 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,408
Year Built 1972
Property Type Residential
Style Gambrel
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093415012
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods, Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $587 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
52
PROJECTED GROSS ANNUAL REVENUE
$55K – $85K typically ~$70,000
~$5,833 per month
Avg Nightly
$426
Occupancy
45%
Cap Rate
3.7%

STR Investment Summary — 3101 Lake Forest Road #149, Tahoe City

Est. Gross Annual Revenue
$55K – $85K
typically ~$70,000
Avg Nightly Rate
$426
Projected Occupancy
45.0%
Cap Rate
3.7%
Structural Score: 52 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (136 comparable 4-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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$422,400
FAIR Plan (fire)
$1,500/yr
DIC wrap (theft, water, liability)
$300 – $600/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

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

$5,239 per month
Principal & interest
$3,818/mo
Property taxes
$671/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$587/mo
From MLS listing data.
Home insurance
$163/mo
CA FAIR Plan + DIC estimate, ~$1,800–$2,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($151,000)
Home price
$755,000
Loan details
30-yr fixed, 6.5%
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