About This Property
Properties in the Tahoe Sierra Estates neighborhood rarely come to market, and 665 Tavern Drive offers an exceptional opportunity to own in one of Tahoe City’s most desirable lakeside communities. Here, you’ll find two residences set on a large, level .37 acre parcel. First, the main house built in 2004 features 3 bedrooms and 3 bathrooms with 1,950 square feet of living space and a massive 44’ deep garage capable of storing vehicles and the necessary Tahoe toys. The updated interior is bright and airy, complemented by multiple decks that extend the living space outdoors, including a private balcony off the primary suite. At the west end of the property there is a 2 bedroom, 2 bathroom Accessory Dwelling Unit that enjoys abundant sunlight through floor to ceiling windows enhanced by the classic A-Frame architecture. In between the two homes there’s a large fenced yard, with ample space for gatherings or backyard sporting competitions amongst the family. What sets 665 Tavern Drive and Tahoe Sierra Estates apart is its outstanding private lakefront amenity package: a large sandy beach, a new deep-water pier, and a significant number of private buoys available only to homeowners. Located less than a mile from downtown Tahoe City, you can take the paved bike path into town or connect with the adjacent trail system for miles of hiking and biking. The neighborhood is exceptionally accessible in all seasons. In summer, simply leave the car at home and enjoy quick access to Tahoe City without battling seasonal traffic, and in the winter months it’s a quick commute to the ski resorts with Palisades Tahoe and Alpine Meadows approximately 12 minutes away, and Homewood Mountain Resort about 8 minutes away. With its combination of scarce neighborhood inventory, premier lakefront amenities, low HOA dues, and one of Tahoe City’s most convenient locations, 665 Tavern Drive offers the opportunity to become part of a community that rarely comes to market.
Listing Details
Property History
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 665 Tavern Drive, Tahoe City
Nightly rates and occupancy from Tahoe City market data (139 comparable 4-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.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings