$1,750,000 Active
2675 Hillcrest Avenue
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.
4 Beds
·
3.5 Baths
·
2,573 Sq Ft

About This Property

Step back into the golden era of Lake Tahoe with this one-of-a-kind 1928 craftsman home, originally built by the legendary local builder Frankovich — whose artistry lives on in the charming hand-crafted birdhouses and iconic totem pole that come with the property. This is not just a home; it's a living piece of Tahoe heritage. Spanning over 2,500 square feet across four bedrooms and three and a half baths, the layout is as generous as it is inviting. Soaring structural wood beams frame a warm great room anchored by a wood-burning fireplace hand-built by Washoe Native American artisans using stones sourced from the shores of Agate Bay. Every detail tells a story. The kitchen and interior have been thoughtfully updated to blend modern comfort with old Tahoe soul: hardwood and tile floors, in-unit laundry, a spa, and a balcony with mountain views round out a home that's both timeless and turn-key. The location is simply unbeatable. Walk to the crystal waters of Lake Tahoe and Skylandia Park, with the Lake Forest public boat ramp just minutes away. You're living the Tahoe lifestyle from day one. Whether you're searching for a full-time residence, a luxury vacation retreat, or an income-producing rental, this home delivers it all — with a soul that no new construction can replicate.

Listed by Amie Quirarte — Serhant California, Inc.

Listing Details

Status Active
MLS # 20261220
Price/Sq Ft $680

Property History

Jun 19, 2026
Listed for sale
$1,750,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,573
Lot Size 0.14 acres
Stories 2
Year Built 1930
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093-031-011-000
Parking
Parking Features None
Exterior & Lot
Exterior Features Landscaping,Hot Tub
Lot Features Level
View Wooded
Roof Composition
Utilities & Systems
Heating Natural Gas
📊

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 — 2675 Hillcrest Avenue, Tahoe City

Est. Annual Revenue
$105,604
Avg Nightly Rate
$986
Projected Occupancy
30.2%
Cap Rate
2.4%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. 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
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% ($350,000)
Home price
$1,750,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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