$1,395,000 Active
599 Fairway Drive
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.
3 Beds
·
2.5 Baths
·

About This Property

Remarkably private, yet right in town. Tucked at the end of a long driveway with the neighboring homes all set well away, this Tahoe City home lives like a treehouse, with forest views from every window and a quiet you can feel. A seasonal creek winds through the backyard, adding a little extra magic to the setting. All while downtown Tahoe City is your neighborhood: stroll to restaurants and shops in minutes, browse the farmers market at Commons Beach, mosey down for Lake dips, or hop on the bike trail for a summer ride. Built by a well-known local contractor and held as one local family's primary residence for it's entirety, this home is full of the choices a thoughtful local makes when building for year round comfort, efficiency and coziness: hydronic heating throughout with radiant in-floor warmth downstairs and heated tile in the bathrooms, a flat covered entry that makes snowy arrivals easy, copper gutters, plentiful storage and handsome natural stonework. Engineered bamboo floors and a gas stove added about five years ago keep the living space warm and welcoming. Windows and the bathrooms have been thoughtfully updated, and the kitchen is efficient and well built, with granite counters and solid wood cabinetry, all lovingly maintained. The entire top floor is devoted to the primary suite, and it lives beautifully: a large primary bath, skylights pouring in natural light, abundant storage, and a flexible bonus space that works equally well for extra guest sleeping, a small gym, or a TV room, plus a dedicated office tucked off the same landing. Comfortable primary living, start to finish. Three bedrooms, two and a half baths, plus a den and a dedicated office, cared for with a consistency that is immediately apparent and increasingly rare. Homes this private, this well built, and this close to town do not come along often. Come experience the setting for yourself.

Listed by Monica Smith — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20261640
Days on Market 1

Property History

Aug 05, 2026
Listed for sale
$1,395,000
Aug 05, 2026
Price changed
$1,395,000
Property Overview
Beds 3
Baths 2.5
Lot Size 0.25 acres
Year Built 1986
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094043019
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Flag Lot
View Trees/Woods
Construction Frame
Roof Composition
Foundation Slab
Utilities & Systems
Heating Hydronic
📊

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 — 599 Fairway Drive, Tahoe City

Est. Annual Revenue
$46,403
Avg Nightly Rate
$233
Projected Occupancy
54.6%
Cap Rate
1.3%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,804 sq ft covered of 2,750 sq ft allowed
946 sq ft of coverage still available to add.
Parcel Size
10,999 sq ft
Allowed Coverage
2,750 sq ft · 25%
Existing Coverage
1,804 sq ft · 16%
Addable Coverage
946 sq ft
Land Capability · TRPA-verified
1b, 3, 4, 6

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 ↗

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% ($279,000)
Home price
$1,395,000
Loan details
30-yr fixed, 6.5%
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