3101 Lake Forest Road #173, Tahoe City, California

Townhouse / Attached for Sale in Tahoe City

3101 Lake Forest Road #173, Tahoe City, CA

  • CA$725,478
  • 2 BEDS
  • 2 BATHS
  • CA$725,478

Townhouse / Attached for Sale in Tahoe City

3101 Lake Forest Road #173, Tahoe City, CA

  • CA$725,478
  • 2 BEDS
  • 2 BATHS
  • CA$725,478

Key Facts

  • MLS® #: 20251634
  • Property ID: SIRC2530302
  • Original Price: USD 575,000
  • Property Type: Residential, Townhouse
  • Bedrooms: 2
  • Bathrooms: 2

Property Description

Not just a Tahoe getaway—this is your ticket to smart, stylish income in the heart of North Lake. Unit #173 in Lake Forest Glen is a rare blend of walkable lake lifestyle, STR flexibility, and real return on investment—all in a clean, woodsy package that actually pays for itself. With 81% occupancy and nearly $60K in Airbnb earnings last year, Unit #173 at Lake ForestGlen is quietly outperforming bigger, flashier comps (and we have the spreadsheets to prove it). It’s updated where it counts—full second bath and in-unit washer/dryer —while still leaving room for value-add upgrades. Translation? You can make it your own without killing the cash flow. HOAs cover nearly everything—roof, snow, exterior, even tennis courts and pool—while your guests enjoy walkability to the lake, Skylandia Beach, trail access, and all the action in Tahoe City just a mile away. Investor? Part-time skier? STR-savvy second-home shopper? This checks the boxes: - 7.5% cap rate based on real income, not projections - Stellar 81.9% occupancy in 2024 - $191 ADR with upward mobility - Turnkey ops with pro cleaning and seamless self-check-in Strong summer bookings already in place for immediate revenue. Short-term rentals in Placer County require an active permit.

Amenities

  • Boating
  • Hiking
  • Jogging/Bike Path
  • Ski Property

Listing Agents

  • Camille Duvall

    C. 9177973554

    O. 9177973554

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Location

3101 Lake Forest Road #173, Tahoe City, California, 96145 United States

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Area Description

This slice of Tahoe City is what locals quietly covet—tucked just blocks from Skylandia Beach, where pine-lined trails open to sunrise paddles and pier picnics. You're a five-minute cruise to Sugar Pine Cakery (pro tip: the breakfast sandwich + a maple scone = peak Tahoe morning) and just far enough from downtown to skip the traffic but still hit happy hour at River Ranch or grab groceries at New Moon. It’s a lifestyle that’s as rentable as it is livable.

Marketed By

Sierra Sotheby's International Realty
11177 Brockway Rd
Truckee, California, 96161
United States

530.587.3505

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