$1,250,000
555 Virginia 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
·
2.0 Baths
·
1,593 Sq Ft
·
10018 Lot
Virtual Tour

About This Property

**A Tahoe City Jewel, Beautifully Reimagined** Located along the sun-drenched corridors of one of Lake Tahoe's most coveted neighborhoods, this recently remodeled three-bedroom, two-bathroom residence is an invitation to live where alpine grandeur meets effortless sophistication. Spanning nearly sixteen hundred square feet of thoughtfully curated interior space, every detail has been elevated to harmonize with the extraordinary natural canvas that surrounds it. Enter and discover luminous living areas bathed in abundant Sierra sunshine — a rare commodity that this home delivers in extraordinary measure. The remodel breathes contemporary elegance into mountain living, offering a refined retreat that feels both indulgent and intimately connected to the landscape beyond its walls. Outside, a privately fenced yard unfolds as your personal sanctuary — ideal for al fresco entertaining beneath towering pines or simply savoring the crystalline mountain air in blissful seclusion. Generous parking accommodations ensure convenience for both residents and guests alike. The location is nothing short of extraordinary. Tahoe House and New Moon Grocery Store sit right in the neighborhood, delivering everyday convenience with mountain-town charm. Access to the Truckee River and the celebrated Tahoe Rim Trail places world-class recreation at your doorstep, while William B. Layton Park offers waterfront leisure along Lake Tahoe's legendary shoreline. The nearby Tahoe City Transit Center provides seamless connectivity to premier ski resorts and vibrant dining destinations. Residents may also explore membership with Granlibakken, unlocking resort-caliber amenities including pool, tennis, and year-round activities. This is more than a home — it is a place where every morning greets you with mountain light and every evening whispers promises of alpine serenity. Your Tahoe chapter awaits.

Listed by Ricki Manahan — Allison James Estates & Homes

Listing Details

Status Active
MLS # 20260177
Days on Market 35
Price/Sq Ft $785

Property History

Feb 11, 2026
Listed for sale
$1,250,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,593
Lot Size 0.23 acres
Stories 1
Year Built 1975
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe City
APN 094-223-003-000
Parking
Parking Features None
Exterior & Lot
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
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%

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% ($250,000)
Home price
$1,250,000
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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