$2,785,000 Active
665 Tavern 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.
5 Beds
·
5.0 Baths
·
3,250 Sq Ft
Virtual Tour

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.

Listed by Brendan Boyle — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20261715
Price/Sq Ft $857

Property History

Aug 17, 2026
Listed for sale
$2,785,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 3,250
Lot Size 0.37 acres
Year Built 2004
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 094272012
Parking
Parking Features Four +, Attached, Heated Garage, Insulated, Plumbing, Boat, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Cooling Air Conditioning
Financial
HOA Fee $1,420 / Annually
HOA & Community
Community Amenities Beach Access, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$81K – $139K typically ~$127,710
~$10,642 per month
Avg Nightly
$778
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 665 Tavern Drive, Tahoe City

Est. Gross Annual Revenue
$81K – $139K
typically ~$127,710
Avg Nightly Rate
$778
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

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

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% ($557,000)
Home price
$2,785,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message