$440,000 $529,000 ↓ $89,000 reduced Active
725 Granlibakken Road #33 Bear Paw
Tahoe City, CA 96145

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✓ STR Allowed — No Permit Needed
Placer County lists Granlibakken Resort as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
2 Beds
·
2.0 Baths
·
792 Sq Ft

Our data on this home

About This Property

Nestled within the iconic Granlibakken Resort, this captivating two-bedroom, two-bathroom condominium offers an enchanting fusion of mountain living and resort-style indulgence that discerning buyers rarely encounter. At nearly eight hundred square feet of thoughtfully designed living space, this first-level retreat delivers effortless accessibility and an inviting warmth that whispers relaxation from the moment you arrive. Step outside onto the generously proportioned deck, where towering pines frame your morning coffee ritual and crisp alpine air becomes your daily companion. Abundant parking ensures convenience for both residents and visiting guests, while the surrounding environment envelops you in the serene grandeur of the Sierra Nevada. The Homeowners Association delivers extraordinary value, granting exclusive access to Granlibakken's remarkable resort amenities — think swimming pool, sledding hill, fitness facilities, tennis courts, and extensive hiking trails winding through pristine forest. Seasonal programming and on-site dining elevate the experience beyond mere homeownership into something genuinely extraordinary. Strategically positioned minutes from Tahoe City's vibrant downtown corridor, you will discover William B. Layton Park, convenient transit connections, and world-renowned lake recreation practically at your doorstep. Cold Stream Alternative School serves families seeking quality education nearby. Perhaps most compelling is the robust rental income potential this property commands. Tahoe's year-round tourism magnetism transforms this condominium into a sophisticated investment vehicle that works tirelessly whether you are in residence or not. This is mountain ownership reimagined — where lifestyle luxury and financial intelligence converge beneath a canopy of evergreens. Schedule your private showing before this alpine gem disappears.

Listed by Ricki Manahan — Mountain Luxury Properties

Listing Details

Status Active
MLS # 20260838
Days on Market 175
Price/Sq Ft $556

Property History

May 15, 2026
Listed for sale
$529,000
Jul 21, 2026
Relisted
$499,000
Jul 25, 2026
Price reduced
$475,000 $499,000 ↓ $24,000
Jul 28, 2026
Price reduced
$470,000 $475,000 ↓ $5,000
Aug 18, 2026
Price reduced
$460,000 $470,000 ↓ $10,000
Oct 12, 2026
Price reduced
$450,000 $460,000 ↓ $10,000
Oct 20, 2026
Price reduced
$440,000 $450,000 ↓ $10,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2019 · county record $252,500 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 792
Year Built 1974
Property Type Residential
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 095510009000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped, Rental History, Tennis Court, Corner Lot
View Trees/Woods
Construction Frame
Roof Composition
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Electric, Baseboard
Financial
HOA Fee $3,632 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Cross Country Skiing, Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
3.7%

STR Investment Summary — 725 Granlibakken Road #33 Bear Paw, Tahoe City

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
3.7%
Structural Score: 49 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Tahoe City market data (52 comparable 2-bedroom rentals, 2026-11); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,000 – $1,100/yr
about $88/mo
Est. Rebuild Cost (Coverage A)
$237,600
FAIR Plan (fire)
$800/yr
DIC wrap (theft, water, liability)
$200 – $300/yr

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 costs

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

$3,612 per month
Principal & interest
$2,225/mo
Property taxes
$391/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$908/mo
From MLS listing data.
Home insurance
$88/mo
CA FAIR Plan + DIC estimate, ~$1,000–$1,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($88,000)
Home price
$440,000
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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