$755,000
3101 Lake Forest Road #149
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.
4 Beds
·
2.0 Baths
·
1,408 Sq Ft
·
6969 Lot

About This Property

Welcome to Lake Forest Glen Unit #149 — a well maintained four-bedroom mountain retreat in one of North Lake Tahoe’s most sought-after communities. This inviting 4-bedroom, 2-bath townhouse offers a thoughtfully designed floor plan with one bedroom on the main level and three upstairs, providing flexibility for guests, family, or work-from-Tahoe living. Each room is tastefully presented with its own color palette and accent details, creating a warm, comfortable feel throughout. The updated kitchen features stylish wood cabinetry, a gas range, newer refrigerator, and a curved breakfast counter that opens naturally to the living area — perfect for casual dining, entertaining, or après-ski gatherings. The living room centers around a custom rock hearth fireplace with brass-accent detailing, adding both character and cozy mountain charm. Step outside to a private deck and enjoy peaceful forest surroundings year-round. Located in a central area of the Lake Forest Glen complex, Unit #149 offers convenient access to community amenities including pools, tennis and pickleball courts, sauna, hot tub, playgrounds, and open green spaces. The neighborhood’s lakeside-of-the-highway setting means easy access to Lake Forest Beach, Skylandia Park, bike paths, and Tahoe City — all without crossing North Lake Boulevard. Currently ski-leased at $3,500 per month, this property demonstrates strong rental appeal while remaining equally well-suited as a primary residence or personal mountain getaway. HOA dues cover exterior maintenance, snow removal, making ownership refreshingly low-maintenance. There is even an electric car charger in the front entry. Whether you’re looking for a four-season Tahoe home, a flexible second residence, or a property with proven income potential, Unit #149 delivers comfort, location, and enduring value in the heart of Lake Forest Glen.

Listed by Wendell Ulberg — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20260036
Days on Market 67
Price/Sq Ft $536

Property History

Jan 10, 2026
Listed for sale
$755,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,408
Lot Size 0.16 acres
Stories 2
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
APN 093-415-012
Parking
Parking Features None
Exterior & Lot
Lot Features Level
View Wooded,Mountain
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $587
HOA & Community
Community Amenities Pool,Tennis Courts,Other/See Remarks
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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% ($151,000)
Home price
$755,000
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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