$12,500,000 Active
3260 Edgewater Drive
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.
5 Beds
·
4.0 Baths
·
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Our data on this home

About This Property

Located in Tahoe City's coveted Dollar Point community, 3260 Edgewater Drive is the lakefront property you’ve been waiting to find. Meticulously maintained, rarely used, and never rented, the home was remodeled by Bruce Olson to preserve the midcentury architecture while seamlessly integrating modern amenities. Set along approximately 86 feet of south-facing lake frontage, the property includes two private buoys and a newer lakeside sundeck overhanging the beach. Mature foliage trees provide privacy for the level lawn area and lakeside decks. Perched above the shoreline with panoramic views, the 4-bedroom main home receives abundant sunlight throughout the year. A large stone fireplace centers the home, bringing the natural materials of the Sierra into the residence. A separate one-bedroom apartment with a full kitchen beneath the detached two-car garage offers additional accommodations for guests or extended family. With off-street parking for more than eight vehicles and hydronic heat snowmelt for the walkways, the property is well suited for year-round use and entertaining. As a member of the Dollar Point Association, 3260 Edgewater enjoys access to the community pool, lawn area, tennis and pickleball courts, and beach and pier. Do not miss this rare opportunity to purchase a lakefront home in one of North Lake Tahoe's most desirable neighborhoods.

Listed by Brendan Boyle — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20262181
Days on Market 1

Property History

Oct 29, 2026
Listed for sale
$12,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 1987 · county record $579,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 4.0
Lot Size 0.63 acres
Year Built 1965
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093094035
Parking
Garage Spaces 2
Parking Features Two, Detached, Insulated, Plumbing, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped
View Lake, Mountain(s)
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Baseboard
Financial
HOA Fee $1,420 / Annually
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$55K – $80K typically ~$70,000
~$5,833 per month
Avg Nightly
$599
Occupancy
32%
Cap Rate
0.2%

STR Investment Summary — 3260 Edgewater Drive, Tahoe City

Est. Gross Annual Revenue
$55K – $80K
typically ~$70,000
Avg Nightly Rate
$599
Projected Occupancy
32.0%
Cap Rate
0.2%
Structural Score: 71 / 100 (Premium) · 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
4,492 sq ft covered of 2,734 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
27,300 sq ft
Allowed Coverage
2,734 sq ft · 10%
Existing Coverage
4,492 sq ft · 16%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$31,200 – $36,400/yr
about $2,817/mo
Est. Rebuild Cost (Coverage A)
$7,500,000
FAIR Plan (fire)
$26,000/yr
DIC wrap (theft, water, liability)
$5,200 – $10,400/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

$77,245 per month
Principal & interest
$63,207/mo
Property taxes
$11,103/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
$118/mo
From MLS listing data.
Home insurance
$2,817/mo
CA FAIR Plan + DIC estimate, ~$31,200–$36,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($2,500,000)
Home price
$12,500,000
Loan details
30-yr fixed, 6.5%
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