$6,500,000
2255 West 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.
3
Beds
·
4.0
Baths
·
4,512
Sq Ft
·
43560
Lot
About This Property
Most recently known as the Black Bear Tavern, 2255 Westlake is an Iconic Tahoe location beautifully constructed with localpine logs and stone. The history on file dates back to 1932 when construction began, the building has been a home and a restaurant. It currently has a one bedroom studio apartment with a private entrance and current STR permit. The commercial kitchen is still in place and can be converted into a gourmet kitchen for a single family home. There is also an additional small kitchenette is located in the southern section of the building. Three large rooms once used as a bar and two dining rooms are now used as comfortable living and working areas, all three with classic stone fireplaces.
Listed by Kristina Mattson — Chase International - TC
Listing Details
Status
Active
MLS #
20250478
Days on Market
350
Price/Sq Ft
$1,441
Property History
Apr 02, 2025
Listed for sale
$6,500,000
Property Overview
Beds
3
Baths
4.0
Sq. Ft.
4,512
Lot Size
1.00 acres
Stories
2
Year Built
1936
Property Type
Single Family Residence
Style
Old Tahoe
Subdivision
Westshore LK TH
APN
084-110-019-00
Parking
Parking Features
None
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% ($1,300,000)
Home price
$6,500,000
Loan details
30-yr fixed, 6.5%
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