$460,000 $529,000 ↓ $69,000 reduced Active
725 Granlibakken Road #33 Bear Paw
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.
2 Beds
·
2.0 Baths
·
792 Sq Ft

About This Property

Nestled within the iconic Granlibakken Resort, this captivating two-bedroom, two-bathroom condominium offers an enchanting fusion of mountain living and resort-style indulgence that discerning buyers rarely encounter. At nearly eight hundred square feet of thoughtfully designed living space, this first-level retreat delivers effortless accessibility and an inviting warmth that whispers relaxation from the moment you arrive. Step outside onto the generously proportioned deck, where towering pines frame your morning coffee ritual and crisp alpine air becomes your daily companion. Abundant parking ensures convenience for both residents and visiting guests, while the surrounding environment envelops you in the serene grandeur of the Sierra Nevada. The Homeowners Association delivers extraordinary value, granting exclusive access to Granlibakken's remarkable resort amenities — think swimming pool, sledding hill, fitness facilities, tennis courts, and extensive hiking trails winding through pristine forest. Seasonal programming and on-site dining elevate the experience beyond mere homeownership into something genuinely extraordinary. Strategically positioned minutes from Tahoe City's vibrant downtown corridor, you will discover William B. Layton Park, convenient transit connections, and world-renowned lake recreation practically at your doorstep. Cold Stream Alternative School serves families seeking quality education nearby. Perhaps most compelling is the robust rental income potential this property commands. Tahoe's year-round tourism magnetism transforms this condominium into a sophisticated investment vehicle that works tirelessly whether you are in residence or not. This is mountain ownership reimagined — where lifestyle luxury and financial intelligence converge beneath a canopy of evergreens. Schedule your private showing before this alpine gem disappears.

Listed by Ricki Manahan — Mountain Luxury Properties

Listing Details

Status Active
MLS # 20260838
Days on Market 103
Price/Sq Ft $581

Property History

May 15, 2026
Listed for sale
$529,000
Jul 21, 2026
Relisted
$499,000
Jul 25, 2026
Price reduced
$475,000 $499,000 ↓ $24,000
Jul 28, 2026
Price reduced
$470,000 $475,000 ↓ $5,000
Aug 18, 2026
Price reduced
$460,000 $470,000 ↓ $10,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2019 · county record $252,500 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 792
Year Built 1974
Property Type Residential
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 095510009000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped, Rental History, Tennis Court, Corner Lot
View Trees/Woods
Construction Frame
Roof Composition
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Electric, Baseboard
Financial
HOA Fee $3,632 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Cross Country Skiing, Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$22K – $35K typically ~$28,974
~$2,414 per month
Avg Nightly
$176
Occupancy
45%
Cap Rate
2.5%

STR Investment Summary — 725 Granlibakken Road #33 Bear Paw, Tahoe City

Est. Gross Annual Revenue
$22K – $35K
typically ~$28,974
Avg Nightly Rate
$176
Projected Occupancy
45.0%
Cap Rate
2.5%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (47 comparable 2-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
753 sq ft covered of 188 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
753 sq ft
Allowed Coverage
188 sq ft · 25%
Existing Coverage
753 sq ft · 100%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

Building Permit History

Placer County permit records for this parcel

Building/Residential/Full Review/NA
DONE
Permit #TCON 8386-14
Building/Residential/Full Review/NA
DONE
Permit #TCON 8411-13

Public permit records from the Placer County permit portal, last checked 2026-08-22. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($92,000)
Home price
$460,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message