$1,249,000 Active
3059 Panorama 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
·
2.0 Baths
·
1,144 Sq Ft
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About This Property

Lakeside Nirvana on Panorama | This is the perfect Tahoe starter home! This light and bright home has everything you need to live a simple Tahoe life. All the living is on the upper level which is surrounded by trees, giving a true treehouse living feel. Downstairs is what everyone is looking for...potential. There is around 400sqft of roughed-in sqft. Looking for 4th bedroom, 3rd bathroom and living area...let's talk! From your doorstep, the bike path into Tahoe City is just blocks away, making morning coffee runs and afternoon ice cream outings effortless. Skylandia, Bristlecone & Lake Forest Beaches are only minutes away, offering convenient public access to sandy shores and refreshing swims, while the Lake Forest Boat Ramp provides an easy launch point for boating and paddleboarding adventures. Just across the road, Tahoe XC’s expansive year-round trail system invites hiking, mountain biking, and cross-country skiing. Ideally positioned on the lakeside of the highway, this home places you closer to the lake, trails, town, and community while maintaining a peaceful sense of privacy. Whether enjoyed as a primary residence, weekend retreat, or long-term investment, this beautifully updated and well-maintained home offers comfort, convenience, and an enviable North Shore location.

Listed by Jacqueline Daniels — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261813
Days on Market 8
Price/Sq Ft $1,092

Property History

Aug 29, 2026
Listed for sale
$1,249,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2014 · county record $443,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,144
Lot Size 0.24 acres
Year Built 1975
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093141010
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Natural Gas, CFAH
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
1.2%

STR Investment Summary — 3059 Panorama Drive, Tahoe City

Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
1.2%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (164 comparable 3-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,182 sq ft covered of 571 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,297 sq ft
Allowed Coverage
571 sq ft · 6%
Existing Coverage
2,182 sq ft · 21%
Addable Coverage
0 sq ft

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 ↗

Building Permit History

Placer County permit records for this parcel

Residential Limited Plan Review · 2015-09-21
Construction Complete
Reroof; comp to comp, antique black (color).
Permit #BLD15-04109
Building/Residential/Full Review/NA
DONE
Permit #TCON 9233

Public permit records from the Placer County permit portal, last checked 2026-08-30. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($249,800)
Home price
$1,249,000
Loan details
30-yr fixed, 6.5%
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