$6,500,000 Active
2255 West Lake Boulevard
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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this address. Permits don't transfer automatically with a sale — verify current status with the county.
3 Beds
·
4.0 Baths
·
4,512 Sq Ft

About This Property

Most recently known as the Black Bear Tavern, 2255 Westlake is an Iconic Tahoe location beautifully constructed with localpine logs and stone. The history on file dates back to 1932 when construction began, the building has been a home and a restaurant. It currently has a one bedroom studio apartment with a private entrance and current STR permit. The commercial kitchen is still in place and can be converted into a gourmet kitchen for a single family home. There is also an additional small kitchenette is located in the southern section of the building. Three large rooms once used as a bar and two dining rooms are now used as comfortable living and working areas, all three with classic stone fireplaces.

Listed by Kristina Mattson — Chase International - TC

Listing Details

Status Active
MLS # 20250478
Days on Market 538
Price/Sq Ft $1,441

Property History

Apr 02, 2025
Listed for sale
$6,500,000
Property Overview
Beds 3
Baths 4.0
Sq. Ft. 4,512
Lot Size 1.00 acres
Stories 2
Year Built 1936
Property Type Single Family Residence
Style Old Tahoe
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 084-110-019-00
Parking
Parking Features None
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$50K – $70K typically ~$60,000
~$5,000 per month
Avg Nightly
$514
Occupancy
32%
Cap Rate
0.4%

STR Investment Summary — 2255 West Lake Boulevard, Tahoe City

Est. Gross Annual Revenue
$50K – $70K
typically ~$60,000
Avg Nightly Rate
$514
Projected Occupancy
32.0%
Cap Rate
0.4%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (164 comparable 3-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.

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% ($1,300,000)
Home price
$6,500,000
Loan details
30-yr fixed, 6.5%
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