$6,100,000 Pending
4000 West Lake Boulevard #5
Homewood, CA 96141
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
4.0 Baths
·
4,237 Sq Ft

About This Property

Fleur du Lac’s stately presence on Lake Tahoe’s coveted West Shore is truly timeless. This exclusive enclave of just 22 elegant residences offers an unparalleled lifestyle, complete with a private marina with slips for all owners, a historic clubhouse (the estate’s original home), and a charming yacht club for more casual gatherings. Residence #5 offers an exceptional blend of luxury, wellness, and lakefront living. This lawn-to-lake retreat spans just over 4,200 square feet and features 4 bedrooms, a spacious loft, and 4 bathrooms, thoughtfully designed for both relaxation and entertaining. The residence captures the essence of Tahoe’s elevated lifestyle with seamless indoor-outdoor living and tranquil lake views. Set within the legendary lakefront enclave of Fleur du Lac on Lake Tahoe’s coveted West Shore, Residence #5 offers an extraordinary blend of luxury, wellness, and timeless Tahoe living. This exceptional lawn-to-lake retreat spans more than 4,200 square feet and features 4 bedrooms, a spacious loft, and 4 bathrooms, thoughtfully designed for both relaxed family living and sophisticated entertaining. Rich in architectural character, the residence showcases massive original exposed beams inspired by the celebrated mountain-modern design legacy of architect Jon Jang, creating warmth, scale, and authenticity throughout the home. Sweeping lake views define the main living level, where the expansive great room is anchored by a grand fireplace and elegant wet bar, seamlessly connecting to outdoor terraces and manicured lakeside grounds. A den/bedroom with adjoining guest bath offers flexibility for guests or a private office retreat, while the spacious kitchen, dining nook, and adjoining patio create an inviting setting for summer entertaining and lakeside BBQs. The manicured lawn extends to the shoreline, where only six residences comprise the exclusive Serenity Cove enclave. Designed for comfort in every season, the residence features four fireplaces located in the great room, den/bedroom, guest bedroom, and loft, along with two electric fireplaces in the primary suite and guest primary suite, adding warmth and ambiance throughout the home. Upstairs, the lakeside primary suite is a serene sanctuary with tranquil water views, a beautifully appointed bath with a large Jacuzzi soaking tub, dressing area, generous closets, and its own private fireplace. Two gracious guest suites await, including a guest primary suite featuring its own fireplace and oversized Jacuzzi bath, while the expansive loft provides an additional gathering space ideal for reading, relaxation, or overflow guests. Ideally positioned near Fleur du Lac’s renowned wellness and recreational amenities, owners enjoy effortless access to the fitness center, swimming pool, hot tubs, tennis and pickle ball courts, private marina, Yacht Club, historic Boat House with media and game space, and the property’s curated history center — creating a fully serviced resort-style experience centered around recreation, wellness, and rejuvenation. Fans of The Godfather Part II will recognize Fleur du Lac in its original 1935 incarnation, when industrialist Henry J. Kaiser commissioned the famed lakefront estate and guest cottages, later transformed into one of Lake Tahoe’s most iconic and exclusive waterfront communities.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Pending
MLS # 20260851
Days on Market 3
Sold Date 2026-06-19
Price/Sq Ft $1,440

Property History

May 17, 2026
Listed for sale
$6,100,000
Current
Pending
$6,100,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 4,237
Stories 2
Year Built 1995
Property Type Residential
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 085-410-036-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Rental History,Air Conditioning
Lot Features Level
View Lake,Mountain
Construction Framed,Stucco
Roof Other
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Wood,CFAH
Water Source Shared Pier,Other
Financial
HOA Fee $7,329
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts,Other/See Remarks
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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 — 4000 West Lake Boulevard #5, Homewood

Est. Annual Revenue
$298,233
Avg Nightly Rate
$2549
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 63 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Homewood. Revenue projections are estimates and may 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,220,000)
Home price
$6,100,000
Loan details
30-yr fixed, 6.5%
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