$465,000 Active
3115 North Lake Boulevard #87
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.
1 Beds
·
1.5 Baths
·
751 Sq Ft
Virtual Tour

About This Property

Perfectly situated for effortless North Lake Tahoe living, this bright and airy loft-style condo in Dollar Hill II offers unbeatable convenience just minutes from the heart of Tahoe City. The home is defined by its functional, open-concept design and an extended loft that maximizes the interior space. The main living area is characterized by soaring vaulted ceilings and oversized windows that flood the home with natural light, centering around a cozy stone fireplace and flowing directly out to a deck perfect for taking in the fresh mountain air. The floor plan lives comfortably across both levels, with a spacious bedroom and half bath on the main floor, while the upstairs loft suite serves as a versatile second bedroom with its own full bath. This location is a recreation enthusiast's dream, providing immediate access to the very best of the region. Enjoy being just a short distance from Skylandia and Lake Forest beaches, the Tahoe XC Center, and the paved biking and hiking trails that lead straight into downtown’s shops and restaurants. In the winter, you are centrally located for quick trips to Palisades Tahoe, Northstar, and Homewood. The Dollar Hill II community further enhances the lifestyle with a comprehensive amenity package including a saltwater pool, hot tub, sauna, tennis courts, clubhouse, and a dog park. With its ideal layout and proximity to year-round adventures, this property is a standout opportunity for those wanting to be right in the mix of the Tahoe City action.

Listed by Carmen Carr — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20260819
Days on Market 1
Price/Sq Ft $619

Property History

May 14, 2026
Listed for sale
$465,000
Property Overview
Beds 1
Baths 1.5
Sq. Ft. 751
Year Built 1974
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093-530-044-000
Parking
Parking Features None
Exterior & Lot
Exterior Features Swimming Pool,Tennis Court
Lot Features Level
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Electric
Financial
HOA Fee $740
HOA & Community
Community Amenities Pool,Tennis Courts
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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 — 3115 North Lake Boulevard #87, Tahoe City

Est. Annual Revenue
$38,830
Avg Nightly Rate
$304
Projected Occupancy
38.8%
Cap Rate
3.3%
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
$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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($93,000)
Home price
$465,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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