$595,000 Active
3115 North Lake Boulevard #1
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
·
2.5 Baths
·
1,358 Sq Ft
Virtual Tour

About This Property

Perfectly situated across from the pool and clubhouse, this inviting Tahoe condominium offers comfort, convenience, and easy access to year-round recreation. The bright and spacious floor plan features soaring ceilings, abundant natural light, and an open-concept living area designed for relaxing and entertaining. Off of the great room is a great deck for ideal outdoor living and to enjoy the fresh mountain air. This condominium comfortably accommodates a large group and guests alike. The functional layout provides excellent separation of space while maintaining a warm and welcoming atmosphere throughout. The main floor has the family room, 1/2 bath and Great room(kitchen, dining and living room), upstairs is a bath, and an open concept bedroom which has a sleeping area and stairs up to a loft area, downstairs are two bedrooms, the laundry room and a full bath. Located just minutes from Tahoe City, Lake Tahoe, world-class ski resorts, hiking and biking trails, this property places the best of the Sierra at your doorstep. Residents enjoy outstanding amenities including a pool, hot tub, clubhouse, tennis courts, and private dog park. With short-term rentals permitted, this property presents an exceptional opportunity as a vacation home, investment property, or year-round mountain retreat.

Listed by Janie Sharp — COMPASS

Listing Details

Status Active
MLS # 20261222
Price/Sq Ft $438

Property History

Jun 19, 2026
Listed for sale
$595,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,358
Stories 3
Year Built 1971
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093-510-021-00
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level,Gentle,Varies
View Wooded
Construction Framed
Roof Composition
Utilities & Systems
Heating Natural Gas,CFAH
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 #1, Tahoe City

Est. Annual Revenue
$38,798
Avg Nightly Rate
$279
Projected Occupancy
39.2%
Cap Rate
2.6%
Structural Score: 53 / 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% ($119,000)
Home price
$595,000
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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