$599,000
3101 Lake Forest Rd Unit 173, Tahoe City, CA 96145
- 2Beds
- 2Baths
- 990SqFt
- 2Beds
- 2Baths
- 990SqFt
- Property TypeCondo
- Year Built1972
- HOA Fees$675/mo
- Price per Sqft$605
- On highrises18 Days
Property Details
Not just a Tahoe getawaythis 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 investmentall 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). Its updated where it countsfull 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 everythingroof, snow, exterior, even tennis courts and poolwhile 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.
Property Features
Bedrooms
- Bedrooms: 2
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Camille Duvall
- state license#02106267
- Brokered by:
- Sierra Sotheby's International
- (530) 587-3505
Also at 3101 Lake Forest Rd
