$965,000
5390 Sacramento Avenue
Homewood, CA 96141
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
2 Beds
·
3.0 Baths
·
1,116 Sq Ft
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About This Property

A special location in the Old Tahoe portion of Homewood. A short walk to Homewood Ski Area, next to the paved bike trail, public access to the lake, across the highway from Homewood and Obexer's Marina, and the remodeled convenience store. The lot is over 15,000 square feet and is next to an abandoned county street "Grand View Ave" which has now become a season stream. The home has a beautiful stone fireplace which includes a heat-o-later and internal fan. The kitchen has been remodeled and is part of the living room and dining area. A private bath is in the back corner. The second floor features a master bedroom and bath plus a second bedroom and hall full bath. As an extra bonus a third floor provides access for great storage and is used for a kids hang out. Outside benefit from a front and side deck, and hydronic heated walkway to a single garage and workshop. The garage is ideal for both summer and winter projects and features a hydronic heated floor.

Listed by Richard Wilson — Tahoe Park Realty

Listing Details

Status Active
MLS # 20260547
Days on Market 3
Price/Sq Ft $865

Property History

Apr 10, 2026
Listed for sale
$965,000
Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,116
Stories 2
Year Built 1965
Property Type Single Family Residence
Style Old Tahoe
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 097-152-008
Parking
Parking Features One
Exterior & Lot
Exterior Features Phone,Cable TV,Ski In/Ski Out
Lot Features Level
View Wooded
Construction Framed
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Water Source Other
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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 — 5390 Sacramento Avenue, Homewood

Est. Annual Revenue
$38,153
Avg Nightly Rate
$251
Projected Occupancy
41.1%
Cap Rate
1.6%
Structural Score: 63 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Homewood. 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% ($193,000)
Home price
$965,000
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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