About This Property
Nestled in the prestigious Dollar Point community in Tahoe City, this architecturally distinctive mountain home by Jim Morton is a rare opportunity to own in one of North Lake Tahoe's most sought-after neighborhoods. Lake views, an open beam ceiling, rich redwood detailing, and a classic stone fireplace define the interior, while a bright, flexible floor plan including a family room or optional 5th bedroom and ample toy storage make this home as functional as it is beautiful. Dollar Point's private amenities are second to none: enjoy exclusive beach access with a pier and buoys, a community swimming pool, tennis, and pickleball, all just steps away. Whether you're carving runs at a world-class resort, exploring miles of hiking and biking trails, or gliding along Nordic tracks, adventure is always close. This is Tahoe living at its finest, a cherished family retreat for generations to come.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 39 Observation Drive, Tahoe City
Based on comparable vacation rental performance data for Tahoe City. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.
Verify on Tahoe Info ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
