$2,750,000 Closed
39 Observation Drive
Tahoe City, CA 96145
SOLD 2026-08-07
Sold for $2,785,000 (listed at $2,750,000)
5 Beds
·
3.0 Baths
·
2,344 Sq Ft

About This Property

Nestled in the prestigious Dollar Point community in Tahoe City, this architecturally distinctive mountain home by Jim Morton is a rare opportunity to own in one of North Lake Tahoe's most sought-after neighborhoods. Lake views, an open beam ceiling, rich redwood detailing, and a classic stone fireplace define the interior, while a bright, flexible floor plan including a family room or optional 5th bedroom and ample toy storage make this home as functional as it is beautiful. Dollar Point's private amenities are second to none: enjoy exclusive beach access with a pier and buoys, a community swimming pool, tennis, and pickleball, all just steps away. Whether you're carving runs at a world-class resort, exploring miles of hiking and biking trails, or gliding along Nordic tracks, adventure is always close. This is Tahoe living at its finest, a cherished family retreat for generations to come.

Listed by Amie Quirarte — Serhant California, Inc.

Listing Details

Status Closed
MLS # 20261308
Sold Date 2026-08-07
Sold Price $2,785,000
Price/Sq Ft $1,173

Property History

Jun 28, 2026
Listed for sale
$2,750,000
Aug 07, 2026
Sold
$2,785,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2024 $2,625,000 Bill LeederChase International - TC Amie QuirarteTahoe Luxury Properties
Aug 2026 · this listing $2,785,000 (+6%) Amie QuirarteSerhant California, Inc. Jamison BlairCOMPASS

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 5
Baths 3.0
Sq. Ft. 2,344
Lot Size 0.27 acres
Year Built 1963
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 093071004000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Peek, Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s)

STR Investment Summary — 39 Observation Drive, Tahoe City

Est. Annual Revenue
$51,174
Avg Nightly Rate
$299
Projected Occupancy
46.9%
Cap Rate
0.7%
Structural Score: 56 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,491 sq ft covered of 578 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,569 sq ft
Allowed Coverage
578 sq ft · 5%
Existing Coverage
3,491 sq ft · 30%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4, 6

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.

TRPA parcel fact sheet ↗
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373