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About This Property
Outstanding views of Lake Tahoe from this architecturally designed 6 bedroom, 3 and one half bath home. Features include: morning sun over the lake, four decks, private lakeview hot tub, and landscaping with granite boulders. The interior features a large stone fireplace, and combined living room, dining area and kitchen. Enjoy creating culinary masterpieces with top-of-the line appliances, beer tap, Wolf range and more. The view continues into the master bedroom with knotty pine walls and vaulted ceilings. There is plenty of space for all activities. Need more, take a hike or bike ride to Paige Meadows, drive down to the lake and spend the day at the Lake Tahoe Park private beach with 800 feet on the lake, two piers, buoys, picnic tables with barbecues, playground, volleyball, horseshoe pits, and more. Ride the paved bike trail to Meeks Bay or along the Truckee River. Dine at Sunnyside, Fire Sign Cafe, or Shadyside.
Listed by Richard Wilson — Tahoe Park Realty
Listing Details
StatusPending
MLS #20260978
Days on Market143
Price/Sq Ft$1,013
Property History
May 23, 2026
Listed for sale
$3,750,000
Sep 07, 2026
Price reduced
$3,495,000
$3,750,000
↓
$255,000
Oct 11, 2026
Pending
$3,495,000
Sale History
· changed hands 1×
Sold
Price
Listing agent (sell side)
Buyer agent (buy side)
Oct 2001
· county record
$771,000
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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
Parking FeaturesTwo, Attached, RV Access/Parking, Garage Door Opener, Parking Pad
Attached GarageYes
Exterior & Lot
Lot FeaturesStreet, Landscaped, Rental History
ViewPanoramic-Lake
ConstructionFrame, Wood Siding
RoofComposition
FoundationConcrete Perimeter
Utilities & Systems
HeatingNatural Gas, CFAH
Financial
HOA Fee$690 / Annually
HOA & Community
Community AmenitiesBeach Access, Other/See Remarks
📊
STR Investment Analysis
See projected rental revenue, occupancy rates, and investment scores.
STR Investment Analysis
Yellow Zone
STRUCTURAL SCOREPremium
72
PROJECTED GROSS ANNUAL REVENUE
$40K – $70Ktypically ~$55,000
~$4,583 per month
Avg Nightly
$511
Occupancy
30%
Cap Rate
0.6%
STR Investment Analysis
STRUCTURAL SCORE
PROJECTED GROSS ANNUAL REVENUE
Avg Nightly
Occupancy
Cap Rate
Est. NOI
Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.
We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.
NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.
MONTHLY REVENUE
AVERAGE DAILY RATE
ADJUSTED OCCUPANCY
Estimates based on 2024-2025 comparable rental performance. Actual results vary.
STR Investment Summary — 920 SnowShoe Road, Tahoe City
Nightly rates and occupancy from Tahoe City market data (139 comparable 4-bedroom rentals, 2026-08); 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.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
Over coverage limit
3,729 sq ft coveredof 667 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,334 sq ft
Allowed Coverage
667 sq ft · 5%
Existing Coverage
3,729 sq ft · 28%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
3
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
$7,900 – $9,200/yr
about $712/mo
Est. Rebuild Cost (Coverage A)
$1,897,500
FAIR Plan (fire)
$6,600/yr
DIC wrap (theft, water, liability)
$1,300 – $2,600/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.
Sent. The insurance agent will reply to you by email, usually within a business day.
Building Permit History
Placer County permit records for this parcel
Residential Limited Plan Review · 2004-07-27
DONE
Parking deck- $18,200.00 Seismci- $1.82
Permit #TRAA 117965.04
Building/Residential/Full Review/NA
DONE
Permit #TCON 70144
Building/Residential/Full Review/NA
DONE
Permit #TCON 5812
Building/Residential/Full Review/NA
DONE
Permit #TCON B115821
Building/Residential/Full Review/NA
DONE
Permit #TCON B116189
Building/Residential/Full Review/NA
DONE
Permit #TCON 15229
Building/Residential/Full Review/NA
DONE
Permit #TCON B114371
Building/Residential/Full Review/NA
DONE
Permit #TCON B114084
Public permit records from the Placer County permit portal, last checked 2026-10-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Using estimated land ratio. Actual ratio may vary based on county assessment.
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
How Cost Segregation Works:
Cost segregation reclassifies building components into shorter depreciation categories, allowing accelerated deductions.
Calculation:
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
$21,548 per month
Principal & interest
$17,673/mo
Property taxes
$3,104/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
$58/mo
From MLS listing data.
Home insurance
$713/mo
CA FAIR Plan + DIC estimate, ~$7,900–$9,200/yr — wildfire-zone rates vary; not a bindable quote.
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Listing and property information shown here is supplied by the MLS and other outside sources, including county assessor, TRPA and short-term-rental permit records. All information is deemed reliable but not guaranteed, is provided for consumers' personal, non-commercial use, and should be independently verified. Square footage, lot size, zoning, rental eligibility and permit status are approximate and subject to change.
About Murat Gocmen
Managing Broker · Real Estate Tahoe
I didn't come to real estate through the typical path. I'm a builder first — someone who looks at problems, sees systems, and starts putting things together. Before I ever sold a home in Lake Tahoe, I was running businesses, building technology products, and figuring out how to make operations actually work. That mindset never left.
Today I operate across real estate, vacation rentals, and hospitality in and around North Lake Tahoe. I run MG Vacation Rentals, help buyers and sellers navigate one of the most competitive mountain markets in the country, and build the technology tools my team uses every day. I don't outsource the thinking — I'm in the numbers, the deals, and the details.
