$5,975,000 Pending
1733 Tahoe Park Heights 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.
6 Beds
·
5.5 Baths
·
5,300 Sq Ft
Virtual Tour

About This Property

Welcome to the Lakeview Sanctuary at Tahoe! Tucked away in the towering pine trees, this expansive custom estate offers an unmatched blend of privacy, serenity, and panoramic views of Lake Tahoe. Accessed by a private driveway, the residence is enveloped by forest, creating a secluded mountain sanctuary just minutes from downtown Tahoe City. Inside, soaring ceilings and walls of windows frame the ever-changing beauty of Lake Tahoe’s blue waters and the surrounding Sierra landscape. Expansive living and entertaining areas flow seamlessly from indoors to outdoors, perfect for gatherings both grand and intimate, while quiet nooks offer space for reflection and rejuvenation. A chef’s kitchen anchors the heart of the home, while multiple en suite bedrooms provide comfort, luxury, and unparalleled lake views. From sunrise coffee overlooking the lake to evenings gathered by the fire, every moment here is framed by the Sierra’s timeless charm. This is more than a home — it’s a place to live the Tahoe dream in comfort, privacy, and elegance. With 6-bedrooms (3 are en suite) 5.5-bathrooms, a private office, theater room, loft with game nook, workout room, hot tub, artist treehouse, patios and multiple decks, this home is truly a one-of-a-kind offering. Extensive home features list available upon request. Lake Access! This home offers membership into the coveted Lake Tahoe Park Association, which is gated & staffed in the summer with 2-piers, buoy field, bocce, basketball, volleyball courts, kids play area, picnic tables with gas BBQ's, horseshoe pits, kayak & SUP storage too. Hikers & Mt. Bikers! Minutes away, there are numerous trailheads that lead to the Tahoe Rim Trail & Paige Meadows with miles of trails perfect for hikers, bikers, snowshoers & Nordic skiers.

Listed by Jacqueline Daniels — Sierra Sotheby's Int Realty TC

Listing Details

Status Pending
MLS # 20252144
Days on Market 179
Sold Date 2026-04-15
Price/Sq Ft $1,127

Property History

Sep 13, 2025
Listed for sale
$5,975,000
Current
Pending
$5,975,000
Property Overview
Beds 6
Baths 5.5
Sq. Ft. 5,300
Stories 3
Year Built 2002
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 083-230-078
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub,Steam Shower
Lot Features Downslope
View Lake,Panoramic-Lake,Panoramic,Wooded,Mountain
Construction Framed,Masonry
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Hydronic,Radiant,In Floor
Water Source Buoy,Buoy Permitted,Buoy Limited,Pier,Shared Pier,Pier/Permitted
Financial
HOA Fee $490
HOA / Community www.laketahoepark.com
HOA & Community
Community Amenities Beach Access,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 — 1733 Tahoe Park Heights Drive, Tahoe City

Est. Annual Revenue
$272,160
Avg Nightly Rate
$2520
Projected Occupancy
29.5%
Cap Rate
1.8%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,195,000)
Home price
$5,975,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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