$2,900,000
3096 North Lake Boulevard
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.
7 Beds
·
7.0 Baths
· ·
59241 Lot
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About This Property

Exceptional North Lake Tahoe Estate on 1.36 Acres zoned Mixed Use This rare gem is perfectly located on the bike path to Tahoe City and just steps from the lakeside of North Lake Boulevard, offering unparalleled access to the best of North Lake Tahoe living. Set on a sprawling 1.36-acre lot, this expansive estate is within walking distance of the picturesque Skylandia Park and the tranquil Bristlecone Beach, where you can enjoy some of the area’s most beautiful sandy shores. Ideal for outdoor enthusiasts, you’ll love the proximity to the bike path that leads directly to Tahoe City, the vibrant heart of the North Shore, where you'll find an array of shopping, dining, entertainment, and recreational opportunities. Plus, with world-class ski resorts just a short drive away, you'll be perfectly positioned to enjoy year-round adventures. For those who appreciate nature, an expansive trail system is located directly across the street, offering endless opportunities for hiking, biking, and exploring. The property boasts incredible lake access, allowing you to immerse yourself in the stunning natural beauty that makes this area so sought after. The home itself was once used as housing for Palisades and has since been converted to a more conventional residence, though the lower floor still requires finishing touches to reach its full potential. With its Mixed-Use Zoning, the possibilities are endless—whether you're looking to complete the existing home to your personal tastes or envision something entirely different, such as a Bed and Breakfast, housing development, or another creative venture. Don't miss your chance to own this rare estate in one of the most sought-after locations in North Lake Tahoe. Bring your vision and make this remarkable property your own!

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20250432
Days on Market 356

Property History

Mar 27, 2025
Listed for sale
$2,900,000
Property Overview
Beds 7
Baths 7.0
Lot Size 1.36 acres
Stories 3
Year Built 1998
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
APN 093-130-032
Parking
Parking Features Four +
Exterior & Lot
Exterior Features Pantry,High Ceilings
Lot Features Downslope,Gentle
View Wooded,Mountain
Construction Framed,Masonry,Wooded
Roof Composition
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

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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($580,000)
Home price
$2,900,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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