$779,900 $820,000 ↓ $40,100 reduced Active
6971 Grey Lane
Tahoe Vista, CA 96148
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
2.5 Baths
·
1,535 Sq Ft
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About This Property

Summer is here and this location is within walking distance to North Lake Regional Park and the Tahoe Vista Recreation Area, perfect opportunity for enjoying the outdoor Tahoe lifestyle. You’ll have easy access to sandy beaches, trails, golf, shopping, and dining. This beautifully maintained 3-bedroom, 2.5-bath townhome is move-in ready and perfectly located to enjoy all that Lake Tahoe has to offer. Freshly painted with brand-new carpet, this townhome combines comfort, style, and convenience in one inviting package. The open-concept living area features granite countertops, stainless steel appliances, and 9-foot ceilings, creating a warm and welcoming space. Enjoy cozy evenings by the gas fireplace, and take advantage of in-floor radiant heating and a tankless water heater for modern efficiency. Step outside to a private walled deck, perfect for entertaining or relaxing in your own Tahoe retreat. The attached garage adds convenience and extra storage. A fantastic opportunity to own a turnkey townhome in an unbeatable Tahoe location!

Listed by Diana Graves — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20252542
Days on Market 230
Price/Sq Ft $508

Property History

Dec 04, 2025
Listed for sale
$779,900
Jul 01, 2026
Price changed
$779,900
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,535
Year Built 2008
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 112060024
Parking
Garage Spaces 1
Parking Features One, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $350 / Monthly
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 6971 Grey Lane, Tahoe Vista

Est. Annual Revenue
$48,217
Avg Nightly Rate
$256
Projected Occupancy
51.4%
Cap Rate
2.5%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
663 sq ft covered of 266 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,063 sq ft
Allowed Coverage
266 sq ft · 25%
Existing Coverage
663 sq ft · 62%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($155,980)
Home price
$779,900
Loan details
30-yr fixed, 6.5%
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