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About This Property
Discover your own slice of alpine paradise on the pristine shores of Fallen Leaf Lake. This remarkable compound offers a unique opportunity to own a piece of nature's beauty, boasting breathtaking views of Fallen Leaf Lake and the majestic Mt. Tallac. Encompassing almost 13 acres of land, main home and two summer cabins with 65 feet of prime water frontage, this property is truly a mountain getaway like no other. The heart of this compound is the main house, a spacious 4-bedroom, 4-bathroom masterpiece, thoughtfully renovated to provide modern convenience and luxurious living. The chef's kitchen features Viking double ovens, two dishwashers, a charming breakfast nook, and ample storage space. This space seamlessly flows into the great room, where wood-beamed ceilings, a striking stone Rumford fireplace, a bar, and a separate den/office create a welcoming ambiance. Three sets of sliding doors open to the expansive wrap-around deck, offering mesmerizing sunset views over the lake. In addition to the main house, two cozy summer cabins are nestled on the property, providing privacy and comfort for guests. This home promises endless possibilities throughout the seasons, with a generator, hydronic floor heating, and winter water access to ensure comfort all year round. Park your boat at your Alaskan fir private dock, paddle your kayaks and SUPs up to your 20-foot side floating dock, or store them in the boathouse garage.
Listing Details
Property History
STR Investment Analysis
STR analysisLand Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings