Sold $2,450,000 $2,595,000 Closed
520 Virginia Drive
Tahoe City, CA 96145

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SOLD 2026-07-03
Sold for $2,450,000 (listed at $2,595,000)
5 Beds
·
4.0 Baths
·
3,625 Sq Ft

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Our data on this home

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 an ambient gas fireplace and a spacious kitchen, while three distinct living areas offer unmatched versatility for hosting guests or unwinding in comfort. Perfectly located as a launch point for year-round enjoyment, this property is 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 Closed
MLS # 20261003
Sold Date 2026-07-03
Sold Price $2,450,000
Price/Sq Ft $716

Property History

May 27, 2026
Listed for sale
$2,595,000
Current
Sold
$2,450,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,625
Year Built 2003
Property Type Single Family Residence
Style Other
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094222014
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street

STR Investment Summary — 520 Virginia Drive, Tahoe City

Est. Gross Annual Revenue
$85K – $120K
typically ~$100,000
Avg Nightly Rate
$740
Projected Occupancy
37.0%
Cap Rate
1.6%
Structural Score: 68 / 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

Room to build
2,598 sq ft covered of 2,841 sq ft allowed
243 sq ft of coverage still available to add.
Parcel Size
11,365 sq ft
Allowed Coverage
2,841 sq ft · 25%
Existing Coverage
2,598 sq ft · 23%
Addable Coverage
243 sq ft
IPES Score
841.0
Land Capability · TRPA-verified
IPES

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

$8,300 – $9,700/yr
about $750/mo
Est. Rebuild Cost (Coverage A)
$1,993,750
FAIR Plan (fire)
$6,900/yr
DIC wrap (theft, water, liability)
$1,400 – $2,800/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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