For Sale, USD 599,000
3101 Lake Forest Road #173, Tahoe City, California, United States
Property Type : Condo
Property Style : N/A
Build Size : 990 ft² / 92 m²
Land Size : N/A
Bedroom : 2
Bathroom : 2
Half Bathroom : 0
MLS#: 20251634
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.
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Lifestyles
* Boating
* Lakefront
* Mountain
* Outdoor Activities
Where Lake Life and Smart Investing Align, United States,California,Tahoe City is a 990ft² Tahoe City luxury Condo listed for sale USD 599,000. This high end Tahoe City Condo is comprised of 2 bedrooms and 2 baths. Find more luxury properties in Tahoe City or search for luxury properties for sale in Tahoe City.