$1,395,000 Pending
599 Fairway 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.
3 Beds
·
2.5 Baths
·

About This Property

Remarkably private, yet right in town. Tucked at the end of a long driveway with the neighboring homes all set well away, this Tahoe City home lives like a treehouse, with forest views from every window and a quiet you can feel. A seasonal creek winds through the backyard, adding a little extra magic to the setting. All while downtown Tahoe City is your neighborhood: stroll to restaurants and shops in minutes, browse the farmers market at Commons Beach, mosey down for Lake dips, or hop on the bike trail for a summer ride. Built by a well-known local contractor and held as one local family's primary residence for it's entirety, this home is full of the choices a thoughtful local makes when building for year round comfort, efficiency and coziness: hydronic heating throughout with radiant in-floor warmth downstairs and heated tile in the bathrooms, a flat covered entry that makes snowy arrivals easy, copper gutters, plentiful storage and handsome natural stonework. Engineered bamboo floors and a gas stove added about five years ago keep the living space warm and welcoming. Windows and the bathrooms have been thoughtfully updated, and the kitchen is efficient and well built, with granite counters and solid wood cabinetry, all lovingly maintained. The entire top floor is devoted to the primary suite, and it lives beautifully: a large primary bath, skylights pouring in natural light, abundant storage, and a flexible bonus space that works equally well for extra guest sleeping, a small gym, or a TV room, plus a dedicated office tucked off the same landing. Comfortable primary living, start to finish. Three bedrooms, two and a half baths, plus a den and a dedicated office, cared for with a consistency that is immediately apparent and increasingly rare. Homes this private, this well built, and this close to town do not come along often. Come experience the setting for yourself.

Listed by Monica Smith — Mountain Luxury Properties Tah

Listing Details

Status Pending
MLS # 20261640
Days on Market 46
Sold Date 2026-10-01

Property History

Aug 05, 2026
Listed for sale
$1,349,000
Aug 05, 2026
Price increased
$1,395,000 $1,349,000 ↑ $46,000
Sep 02, 2026
Pending
$1,395,000
Property Overview
Beds 3
Baths 2.5
Lot Size 0.25 acres
Year Built 1986
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094043019
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Flag Lot
View Trees/Woods
Construction Frame
Roof Composition
Foundation Slab
Utilities & Systems
Heating Hydronic
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
1.3%

STR Investment Summary — 599 Fairway Drive, Tahoe City

Est. Gross Annual Revenue
$25K – $60K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (164 comparable 3-bedroom rentals, 2026-08); 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
1,804 sq ft covered of 2,750 sq ft allowed
946 sq ft of coverage still available to add.
Parcel Size
10,999 sq ft
Allowed Coverage
2,750 sq ft · 25%
Existing Coverage
1,804 sq ft · 16%
Addable Coverage
946 sq ft
Land Capability · TRPA-verified
1b, 3, 4, 6

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 ↗

Building Permit History

Placer County permit records for this parcel

Residential Limited Plan Review · 2016-08-22
Construction Complete
Remove old wood stove and replace with EPA Phase II gas stove. Install new electrical receptacle, and gas line (8') for stove. OWNER BUILDER
Permit #BLD16-03739
Residential Limited Plan Review · 2007-12-11
DONE
Permitting unpermitted garage w/ living above Valuation: $69,071.30 Seismic: $6.90
Permit #TRAA 122936.07
Building/Residential/Full Review/NA
DONE
Permit #TCON 43806

Public permit records from the Placer County permit portal, last checked 2026-08-22. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($279,000)
Home price
$1,395,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message