$2,595,000 Active
520 Virginia Drive
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.
5 Beds
·
4.0 Baths
·
3,625 Sq Ft

About This Property

Located in a prime west-shore neighborhood just minutes from downtown Tahoe City, this expansive mountain retreat balances cozy comfort with effortless access to year-round activities. Designed for connection, the home features multiple gathering areas, outdoor decks, and a flexible layout ideal for large or multi-generational families. The heart of the home is a sun-filled great room anchored by a warm gas fireplace and a spacious kitchen, while three distinct living areas offer unmatched versatility for hosting guests or unwinding in comfort. Situated on a sun-drenched lot designed for year-round enjoyment, this property is very close to the Tahoe Rim Trail, local gems like the Bridgetender and Tahoe House Bakery, the Truckee River, and the pristine shores of Lake Tahoe. As winter settles in, you’ll find adventure around the corner at Granlibakken with its cross-country skiing, sledding, and snow play, while the slopes of Palisades and Alpine Meadows are less than 10 miles away. Whether your looking for a primary home, or a vacation getaway, this residence offers a rare and exceptional opportunity in North Lake Tahoe.

Listed by Teddy Runge — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261003
Days on Market 1
Price/Sq Ft $716

Property History

May 26, 2026
Listed for sale
$2,595,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,625
Stories 3
Year Built 2003
Property Type Single Family Residence
Style Other
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094-222-014
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level
📊

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 — 520 Virginia Drive, Tahoe City

Est. Annual Revenue
$109,646
Avg Nightly Rate
$1046
Projected Occupancy
29.2%
Cap Rate
1.7%
Structural Score: 62 / 100 (Premium) · 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% ($519,000)
Home price
$2,595,000
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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