Sold $1,030,000 $1,090,000 Closed
125 Lassen Drive #17
Tahoe City, CA 96145

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SOLD 2026-09-28
Sold for $1,030,000 (listed at $1,090,000)
3 Beds
·
2.0 Baths
·
1,500 Sq Ft

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It sold for $1,030,000 on 2026-09-28, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Exceptional 3-Level Tahoe Townhome with Mountain Views & Lake Access. Situated in the desirable Northshore Townhouse Association (a boutique community of just 52 homes on 26 acres), offering 400 feet of private beach, a 192-foot pier and a buoy field. A functional, expansive 3-level layout providing great separation of space for family, guests, and entertaining. Right next to Lake Tahoe, yet just minutes away from world-class ski resorts and the vibrant shops and restaurants of Tahoe City. Whether you are looking for a winter ski chalet, a summer lakeside escape, or a year-round mountain home, this property delivers the quintessential Tahoe lifestyle across every level.

Listed by Glenn Gill — Coldwell Banker Realty

Listing Details

Status Closed
MLS # 20261601
Sold Date 2026-09-28
Sold Price $1,030,000
Price/Sq Ft $727

Property History

Aug 01, 2026
Listed for sale
$1,090,000
Sep 08, 2026
Pending
$1,090,000
Sep 28, 2026
Sold
$1,030,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,500
Year Built 1977
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093550021000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
View Filtered, Trees/Woods
Roof Composition
Utilities & Systems
Heating CFAH
Financial
HOA Fee $3,410 / Quarterly
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s)

STR Investment Summary — 125 Lassen Drive #17, Tahoe City

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (162 comparable 3-bedroom rentals, 2026-10); 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

$1,900 – $2,200/yr
about $171/mo
Est. Rebuild Cost (Coverage A)
$450,000
FAIR Plan (fire)
$1,600/yr
DIC wrap (theft, water, liability)
$300 – $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.

See it in the monthly payment Tahoe wildfire insurance costs
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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