$1,898,000 Active
6970 & 6980 Toyon Road
Tahoe Vista, CA 96148
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
6 Beds
·
7.0 Baths
·
3,584 Sq Ft
Virtual Tour

About This Property

OPEN HOUSE 6/5 3:30-6:30 Featured on the Destination Channel's Emmy nominated show, Staycation, as "Best Duplex to stay in Lake Tahoe!" Here is your opportunity to own a thoughtfully crafted duplex with a robust rental history in the heart of Tahoe Vista. Offering flexibility, income potential, and an exceptional North Lake Tahoe location with two well-designed residences under one ownership, 6970 & 6980 Toyon Road presents a unique opportunity for investors, 1031 exchange buyers, or those seeking a Tahoe property with multiple options for use. Located just a short walk along a paved path to the shoreline, and close to North Lake Regional Park, Tahoe Vista Recreation Area, trails, dining, ski resorts and year-round recreation, this property is positioned in one of Lake Tahoe’s most desirable rental markets. The layout allows for a variety of possibilities including renting both residences, occupying one side while generating income from the other, offering extended stays, or utilizing the entire property as one large Tahoe retreat. Each side features three bedrooms and three and a half bathrooms with a thoughtful three-level floor plan designed to maximize comfort and privacy. The main levels create a natural gathering space with open living areas, private decks, and large kitchens featuring granite countertops, new stainless steel appliances, abundant storage, breakfast bar seating, and dining areas filled with natural light. The lower levels include updated guest suites with modern en-suite bathrooms and direct backyard access, creating excellent separation of space. The upper levels feature two additional bedrooms on each side, each with their own bathrooms, including primary suites with private decks overlooking the surrounding Tahoe landscape. Extensive recent improvements enhance the turnkey nature of the property, including fresh interior paint, new luxury flooring, refinished wood trim, updated bathrooms, refreshed exterior decks and stairs, new fencing, completed landscaping, and a new hot tub installed in November 2025. The backyard offers a private outdoor setting with direct gate access to the nearby path leading to the beach and recreation areas. Built in 2008 with year-round Tahoe living in mind, the property includes radiant in-floor heating, quality construction, efficient systems, and a level corner lot for easy seasonal access. With limited duplex inventory in the Tahoe Basin, established rental demand, and flexible ownership options, this Tahoe Vista property represents a rare chance to secure a turn-key North Shore investment in an incredible location. Don’t miss the one you’ve been waiting for!

Listed by Melissa Long — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261084
Price/Sq Ft $530

Property History

Jun 05, 2026
Listed for sale
$1,898,000
Property Overview
Beds 6
Baths 7.0
Sq. Ft. 3,584
Stories 3
Year Built 2008
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 112-060-036-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Rental History
Lot Features Level,Corner
View Filtered,Wooded
Construction Framed
Roof Composition
Foundation Slab
Utilities & Systems
Heating Natural Gas,Hydronic,In Floor
HOA & Community
Community Amenities Other/See Remarks
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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 — 6970 & 6980 Toyon Road, Tahoe Vista

Est. Annual Revenue
$131,712
Avg Nightly Rate
$1416
Projected Occupancy
25.0%
Cap Rate
2.8%
Structural Score: 62 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe Vista. 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% ($379,600)
Home price
$1,898,000
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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