$655,000 $699,000 ↓ $44,000 reduced Active
3101 Lake Forest Road #137
Tahoe City, CA 96145

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
3 Beds
·
1.5 Baths
·
1,408 Sq Ft
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Our data on this home

About This Property

Prepare to be delighted by this excellent value end-unit townhome in the highly desirable Lake Forest Glen community of Tahoe City. This freshly painted 3-bedroom, 1.5-bath residence features updated vinyl windows, a bright living room, spacious dining area, and a convenient half bath, and hook ups for full size washer and dryer. Upstairs, you'll find three comfortable bedrooms and a shared full bathroom, providing plenty of space for family and guests. The HOA maintains beautifully landscaped, park-like grounds and offers an impressive array of amenities, including a swimming pool, relaxing hot tub, multiple tennis and pickleball courts, and a children's playground. Ideally situated within the complex, this home provides easy access to Skylandia State Park and beach, and endless year-round recreation. Downtown Tahoe City is just a short drive or bike ride away, while Palisades Tahoe and Alpine Meadows are easily accessible for world-class skiing and snowboarding. Offering a relaxed mountain setting with exceptional access to everything North Lake Tahoe has to offer, this property is an ideal full-time residence, vacation home, short-term rental, or long-term investment opportunity.

Listed by Beth Taylor — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261701
Days on Market 69
Price/Sq Ft $465

Property History

Aug 14, 2026
Listed for sale
$699,000
Sep 25, 2026
Price reduced
$655,000 $699,000 ↓ $44,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1993 · county record $82,000 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.

Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,408
Year Built 1972
Property Type Residential
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093413014000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Condo/PUD Project
Construction Frame
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $645 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
52
PROJECTED GROSS ANNUAL REVENUE
$30K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
2.8%

STR Investment Summary — 3101 Lake Forest Road #137, Tahoe City

Est. Gross Annual Revenue
$30K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.8%
Structural Score: 52 / 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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$422,400
FAIR Plan (fire)
$1,500/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

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

$4,702 per month
Principal & interest
$3,312/mo
Property taxes
$582/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
$645/mo
From MLS listing data.
Home insurance
$163/mo
CA FAIR Plan + DIC estimate, ~$1,800–$2,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($131,000)
Home price
$655,000
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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