$449,000 $465,000 ↓ $16,000 reduced Active
3115 North Lake Boulevard #87
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.
2 Beds
·
1.5 Baths
·
751 Sq Ft
Virtual Tour

About This Property

Perfectly situated for effortless North Lake Tahoe living, this bright and airy loft-style condo in Dollar Hill II offers unbeatable convenience just minutes from the heart of Tahoe City. The home is defined by its functional, open-concept design and an extended loft that maximizes the interior space. The main living area is characterized by soaring vaulted ceilings and oversized windows that flood the home with natural light, centering around a cozy stone fireplace and flowing directly out to a deck perfect for taking in the fresh mountain air. The floor plan lives comfortably across both levels, with a spacious bedroom and half bath on the main floor, while the upstairs loft suite serves as a versatile second bedroom with its own full bath. This location is a recreation enthusiast's dream, providing immediate access to the very best of the region. Enjoy being just a short distance from Skylandia and Lake Forest beaches, the Tahoe XC Center, and the paved biking and hiking trails that lead straight into downtown’s shops and restaurants. In the winter, you are centrally located for quick trips to Palisades Tahoe, Northstar, and Homewood. The Dollar Hill II community further enhances the lifestyle with a comprehensive amenity package including a saltwater pool, hot tub, sauna, tennis courts, clubhouse, and a dog park. With its ideal layout and proximity to year-round adventures, this property is a standout opportunity for those wanting to be right in the mix of the Tahoe City action.

Listed by Carmen Carr — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20260819
Days on Market 72
Price/Sq Ft $598

Property History

May 15, 2026
Listed for sale
$449,000
Jun 27, 2026
Price changed
$449,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2024 · county record $420,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 2
Baths 1.5
Sq. Ft. 751
Year Built 1974
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093530044000
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Tennis Court
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Electric
Financial
HOA Fee $740 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
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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 — 3115 North Lake Boulevard #87, Tahoe City

Est. Annual Revenue
$43,978
Avg Nightly Rate
$221
Projected Occupancy
54.5%
Cap Rate
3.9%
Structural Score: 52 / 100 (Standard) · 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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($89,800)
Home price
$449,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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