$1,588,000
118 Marlette 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.
4
Beds
·
2.0
Baths
·
1,664
Sq Ft
·
10062
Lot
About This Property
Experience the pinnacle of North Shore living in this classic mountain retreat. Nestled in the highly coveted Dollar Point community, this home perfectly blends mountain style comfort with world-class amenities, making it the ultimate sanctuary for friends and family alike. Offering 4 bedrooms including a loft providing plenty of room for friends and family to enjoy. The Dollar Point Association grants you access to some of the finest amenities on Lake Tahoe. Soak up the sun on a pristine stretch of Tahoe shoreline, enjoy the community pier along with seasonal buoy availability for your days on the water, stay active with a heated swimming pool and professional-grade tennis courts. Life is better by the Lake!
Listed by Glenn Gill — Coldwell Banker Realty
Listing Details
Status
Active
MLS #
20260339
Days on Market
5
Price/Sq Ft
$954
Property History
Mar 16, 2026
Listed for sale
$1,588,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
1,664
Lot Size
0.23 acres
Stories
2
Year Built
1976
Property Type
Single Family Residence
Style
Modified A-Frame
Subdivision
Tahoe City
APN
093-230-007-000
Parking
Parking Features
None
Exterior & Lot
Roof
Composition
Foundation
Perim Concrete
Utilities & Systems
Heating
CFAH
Financial
HOA Fee
$1,420
HOA / Community
www.dollarpoint.org
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% ($317,600)
Home price
$1,588,000
Loan details
30-yr fixed, 6.5%
Send a Message
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