$2,500,000 Active
3125 Watson 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.
4 Beds
·
3.5 Baths
·
3,421 Sq Ft
Virtual Tour

About This Property

Experience open-concept mountain living in Tahoe City's highly sought-after Highlands neighborhood. This eco-friendly, south-facing chalet-style home offers four spacious bedrooms plus two generous bonus rooms, providing exceptional flexibility for a home office, media room, fitness space, or additional guest accommodations. Designed for year-round comfort, the home features solid hardwood floors and an efficient seven-zone Warmboard® hydronic heating system, delivering cozy winters and comfortable living throughout every season. The chef's kitchen is the heart of the home, complete with an expansive entertaining bar, abundant cabinetry, and a wine refrigerator—perfect for hosting family and friends. The luxurious primary suite serves as a private retreat with a large walk-in closet and a spa-inspired bathroom featuring a soaking tub and generous space to unwind. Step outside to a truly rare mountain setting. Mature landscaping, irrigation, and beautiful old-growth aspen trees create a serene and private environment that is seldom found in the Tahoe area. The expansive backyard offers endless possibilities, whether you envision bocce, volleyball, a sprawling lawn, a custom playground, or simply room to relax and enjoy the outdoors. Ideally located near top-rated schools, scenic hiking trail network, biking trails, and Tahoe City's public beaches, this exceptional property combines thoughtful design, energy efficiency, and an unbeatable location. Mountain living simply doesn't get better than this.

Listed by Jennifer Bullard — Chase International - Trk

Listing Details

Status Active
MLS # 20261679
Days on Market 1
Price/Sq Ft $731

Property History

Aug 11, 2026
Listed for sale
$2,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2009 · county record $451,000 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.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,421
Lot Size 0.34 acres
Year Built 2013
Property Type Single Family Residence
Style Chalet
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 093201003000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Hydronic
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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 — 3125 Watson Drive, Tahoe City

Est. Annual Revenue
$67,311
Avg Nightly Rate
$385
Projected Occupancy
47.9%
Cap Rate
1.1%
Structural Score: 58 / 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

Over coverage limit
4,015 sq ft covered of 3,764 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
15,058 sq ft
Allowed Coverage
3,764 sq ft · 25%
Existing Coverage
4,015 sq ft · 27%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
5

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% ($500,000)
Home price
$2,500,000
Loan details
30-yr fixed, 6.5%
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