Sold $975,000 $1,100,000 Closed
479 Jackpine Street #A and B/480 Red Cedar
Tahoe City, CA 96145

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SOLD 2025-10-16
Sold for $975,000 (listed at $1,100,000)
4 Beds
·
2.0 Baths
·
1,792 Sq Ft
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About This Property

Tahoe City duplex opportunity! Each unit is 896 sq ft single level living with a 2 bed/1 bath with separate laundry room and attached 1 car garage. There's a bonus oversized 3rd garage bay accessed off of Red Cedar. The Unit bordering Jack Pine Street has recently been updated and offers a fenced side yard too. Both units now vacant and ready for a new owner!

Listed by Wendy Poore — West Lake Properties at Tahoe

Listing Details

Status Closed
MLS # 20242209
Sold Date 2025-10-16
Sold Price $975,000
Price/Sq Ft $614

Property History

Oct 23, 2024
Listed for sale
$1,200,000
Current
Sold
$975,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,792
Lot Size 0.16 acres
Year Built 1967
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094123016
Parking
Parking Features Four +, Attached, Detached
Exterior & Lot
Lot Features Street, Rental History
Construction Frame
Utilities & Systems
Heating Natural Gas, Floor Furnace

STR Investment Summary — 479 Jackpine Street #A and B/480 Red Cedar, Tahoe City

Est. Gross Annual Revenue
$55K – $85K
typically ~$70,000
Avg Nightly Rate
$426
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 55 / 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.

Home Insurance Estimate

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

$3,100 – $3,600/yr
about $279/mo
Est. Rebuild Cost (Coverage A)
$752,640
FAIR Plan (fire)
$2,600/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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
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