$575,000 Active
135 Alpine Meadows Road #8
Alpine Meadows, CA 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
1 Beds
·
1.0 Baths
·
819 Sq Ft

About This Property

Turnkey Riverfront Tahoe Basecamp — Minutes to Palisades Tahoe Welcome to Unit 8 at 135 Alpine Meadows Road — a fully updated, riverfront retreat offering one of the most effortless ways to own in Tahoe. Set directly along the Truckee River, this rare 1-bedroom condo delivers a true mountain experience—fall asleep to the sound of the river and wake up just minutes from world-class skiing, hiking, and year-round adventure. Inside, the home has been thoughtfully upgraded with over $30,000 in recent improvements, including a completely remodeled bathroom and new flooring throughout, creating a clean, modern, move-in-ready space. The open living area is bright and functional—ideal for weekend escapes or extended stays. This is lock-and-leave Tahoe living at its best—no projects, no heavy maintenance, just show up and enjoy. The community offers a pool and tennis courts, and you’re a short walk to River Ranch Restaurant, one of the area’s most iconic riverfront dining spots. Perfect for a low-maintenance second home or personal retreat in a prime Alpine Meadows location.

Listed by Kathryn Allison — Keller Williams Realty-Folsom

Listing Details

Status Active
MLS # 20260532
Days on Market 22
Price/Sq Ft $702

Property History

Apr 10, 2026
Listed for sale
$575,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 819
Stories 1
Property Type Residential
Style Mountain
Subdivision Alpine Meadows
County Placer
STR Jurisdiction Placer County
APN 095540008000
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings,Swimming Pool,Tennis Court
Lot Features Level,Corner
View Mountain,Ski Resort,River/Creek,Meadow
Construction Wooded
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $752
HOA & Community
Community Amenities Pool,Tennis Courts,Down Hill Skiing
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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%

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($115,000)
Home price
$575,000
Loan details
30-yr fixed, 6.5%
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