$475,000 $529,000 ↓ $54,000 reduced Active
725 Granlibakken Road #33 Bear Paw
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
·
2.0 Baths
·
792 Sq Ft

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 72
Price/Sq Ft $600

Property History

May 15, 2026
Listed for sale
$475,000
Jul 21, 2026
Relisted
$499,000
Jul 25, 2026
Price changed
$475,000

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.

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
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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 — 725 Granlibakken Road #33 Bear Paw, Tahoe City

Est. Annual Revenue
$35,840
Avg Nightly Rate
$181
Projected Occupancy
54.4%
Cap Rate
3.0%
Structural Score: 49 / 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% ($95,000)
Home price
$475,000
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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