$2,785,000 Active
665 Tavern Drive
Tahoe City, CA 96145

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
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5 Beds
·
5.0 Baths
·
3,250 Sq Ft
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Our data on this home

Short-term rental income $100K – $140K/yr Est. gross · $889/night · 37.0% booked Home insurance $7,400 – $8,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

665 Tavern Drive offers an exceptional opportunity to own in one of Tahoe City’s most desirable lakeside communities. Here, you’ll find an intimate family compound set on a large, level .37 acre parcel. First, the main house built in 2004 features 3 bedrooms and 3 bathrooms with 1,950 square feet of living space and a massive 44’ deep garage. The updated interior is bright and airy, complemented by multiple decks that extend the living space outdoors, including a private balcony off the primary suite. At the west end of the property there is a 2 bedroom, 2 bathroom guest cabin that enjoys abundant sunlight through floor to ceiling windows enhanced by the classic A-Frame architecture. In between the two homes there’s a large fenced yard. What sets 665 Tavern Drive and Tahoe Sierra Estates apart is its outstanding private lakefront amenity package: a large sandy beach, a new deep-water pier, and a significant number of private buoys available only to homeowners.

Listed by Brendan Boyle — Mountain Luxury Properties

Listing Details

Status Active
MLS # 1019201
Days on Market 26
Price/Sq Ft $857

Property History

Sep 26, 2026
Listed for sale
$2,785,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 3,250
Lot Size 0.37 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Style Mountain
County Placer
STR Jurisdiction Placer County
APN 094-272-012
Parking
Garage Spaces 4
Parking Features Attached,Four Car Garage,Four or more Spaces,Garage,RV Access/Parking,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Deck,Dock,Fence
Lot Features Level
View Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Seller's Annual Tax $25,927
HOA Fee $1,500 / Annually
HOA / Community Granite Peak
HOA & Community
Community Amenities Beach Rights,Controlled Access,Pier
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Luxury
75
PROJECTED GROSS ANNUAL REVENUE
$100K – $140K typically ~$120,000
~$10,000 per month
Avg Nightly
$889
Occupancy
37%
Cap Rate
1.7%

STR Investment Summary — 665 Tavern Drive, Tahoe City

Est. Gross Annual Revenue
$100K – $140K
typically ~$120,000
Avg Nightly Rate
$889
Projected Occupancy
37.0%
Cap Rate
1.7%
Structural Score: 75 / 100 (Luxury) · 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

$7,400 – $8,700/yr
about $671/mo
Est. Rebuild Cost (Coverage A)
$1,787,500
FAIR Plan (fire)
$6,200/yr
DIC wrap (theft, water, liability)
$1,200 – $2,500/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

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

$17,352 per month
Principal & interest
$14,082/mo
Property taxes
$2,474/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price. The $25,927 on this listing is the seller's bill.
HOA dues
$125/mo
From MLS listing data.
Home insurance
$671/mo
CA FAIR Plan + DIC estimate, ~$7,400–$8,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($557,000)
Home price
$2,785,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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