$1,858,000 $1,898,000 ↓ $40,000 reduced Active
6970 & 6980 Toyon Road
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.
6 Beds
·
7.0 Baths
·
3,584 Sq Ft
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About This Property

Featured on the Destination Channel's Emmy nominated show, Staycation, as "Best Duplex to stay in Lake Tahoe!" Here is your opportunity to own a thoughtfully crafted duplex with a robust rental history in the heart of Tahoe Vista. Offering flexibility, income potential, and an exceptional North Lake Tahoe location with two well-designed residences under one ownership, 6970 & 6980 Toyon Road presents a unique opportunity for investors, 1031 exchange buyers, or those seeking a Tahoe property with multiple options for use. Located just a short walk along a paved path to the shoreline, and close to North Lake Regional Park, Tahoe Vista Recreation Area, trails, dining, ski resorts and year-round recreation, this property is positioned in one of Lake Tahoe’s most desirable rental markets. The layout allows for a variety of possibilities including renting both residences, occupying one side while generating income from the other, offering extended stays, or utilizing the entire property as one large Tahoe retreat. Each side features three bedrooms and three and a half bathrooms with a thoughtful three-level floor plan designed to maximize comfort and privacy. The main levels create a natural gathering space with open living areas, private decks, and large kitchens featuring granite countertops, new stainless steel appliances, abundant storage, breakfast bar seating, and dining areas filled with natural light. The lower levels include updated guest suites with modern en-suite bathrooms and direct backyard access, creating excellent separation of space. The upper levels feature two additional bedrooms on each side, each with their own bathrooms, including primary suites with private decks overlooking the surrounding Tahoe landscape. Extensive recent improvements enhance the turnkey nature of the property, including fresh interior paint, new luxury flooring, refinished wood trim, updated bathrooms, refreshed exterior decks and stairs, new fencing, completed landscaping, and a new hot tub installed in November 2025. The backyard offers a private outdoor setting with direct gate access to the nearby path leading to the beach and recreation areas. Built in 2008 with year-round Tahoe living in mind, the property includes radiant in-floor heating, quality construction, efficient systems, and a level corner lot for easy seasonal access. With limited duplex inventory in the Tahoe Basin, established rental demand, and flexible ownership options, this Tahoe Vista property represents a rare chance to secure a turn-key North Shore investment in an incredible location. Don’t miss the one you’ve been waiting for!

Listed by Melissa Long — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261084
Days on Market 93
Price/Sq Ft $518

Property History

Jun 05, 2026
Listed for sale
$1,898,000
Aug 14, 2026
Price reduced
$1,858,000 $1,898,000 ↓ $40,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2024 · county record $850,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 6
Baths 7.0
Sq. Ft. 3,584
Year Built 2008
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 112060036000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History, Corner Lot
View Filtered, Trees/Woods
Construction Frame
Roof Composition
Foundation Slab
Utilities & Systems
Heating Natural Gas, Hydronic, In Floor
HOA & Community
Community Amenities Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$100K – $145K typically ~$120,000
~$10,000 per month
Avg Nightly
$1027
Occupancy
32%
Cap Rate
2.6%

STR Investment Summary — 6970 & 6980 Toyon Road, Tahoe Vista

Est. Gross Annual Revenue
$100K – $145K
typically ~$120,000
Avg Nightly Rate
$1027
Projected Occupancy
32.0%
Cap Rate
2.6%
Structural Score: 62 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe Vista market data (34 comparable 5-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.

Building Permit History

Placer County permit records for this parcel

1 expired permit
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2025-07-01
Expired
we'd like to install a 7-person outdoor electric hot tub near the exterior structure at the south-west corner of house structure. There is pre-existing 50A exterior breaker-box and a nearby water spigot to service the tub. The site preparation would be a crushed-rock bed with smaller loose stone or pea-gravel on top for interface to hot-tub. No concrete. Details in attached site-prep plan. GAS TYPE: Natural Gas WORK LOCATION: Exterior Only TYPE / FEET / SIZE OF PIPE: no piping; just site-prep for hot-tub to sit on. EQUIPMENT SERVICED: 7-person 240V hot-tub EQUIPMENT DEMAND: 19000
Permit #BLD25-04061
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2023-03-27
Construction Complete
Convert duplex to townhome. No interior or exterior work proposed. The fire plans need to be reviewed and there needs to be an inspection. See permit 120344.06 for plans that included fire separation. TRPA Allocation - PL-16-O-22
Permit #BLD23-01539
Residential > 3000 · 2006-03-02
DONE
Duplex, garages, decks Valuation-$357,545.00 Seismic-$35.75
Permit #TDUP 120344.06

Public permit records from the Placer County permit portal, last checked 2026-09-05. 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% ($371,600)
Home price
$1,858,000
Loan details
30-yr fixed, 6.5%
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