3115 Panorama Drive

Tahoe City, CA 96145

Tahoe Retreat w/AC | Hot Tub | Fenced BackYard | Walk to Beach | Income Potential & Ideal Location in Dollar Point's Panorama Estates Newly renovated and featuring central A/C, this 4-bedroom, 3.5-bath home in Tahoe City's desirable Dollar Point area offers single-level living with style and flexibility. The open-concept layout boasts vaulted ceilings, slate flooring, a large modern kitchen with stainless steel appliances and a sunny eat-in breakfast area that looks out onto the back patio and garden. The center island offers a wine refrigerator, icemaker and beverage refrigerator. Large windows bring in natural light and small peek-a-boo views of Lake Tahoe. Enjoy the outdoors with a fully fenced backyard, private hot tub, tranquil stream water feature, and a spacious front deck with built-in seating. Situated in Dollar Point it is a pleasant 12 minute walk through the neighborhood and a nature trail to Skylandia Beach and State Park in the summer and a 12 minute drive to Squaw / Palisades Ski resort in the winter. The home is less than one mile from the Lake Forest boat ramp where you have resident access, and two miles from Tahoe City’s shops, restaurants, and beach. The quiet, friendly, firewise neighborhood has no HOA fees and is located in short-term rental friendly Placer County — this home has an active STR permit and generated over $50K in Airbnb rental income in 2024 from 65 days of rental. Additional highlights include a 2-car garage, parking for 6 cars, hot tub, natural gas pipe for outdoor grill, remote thermostat controlled fireplaces with fans, spacious mudroom, large stand up crawl space for storage, and a lower-level bonus rec room with 1/2 bath, ideal for a game room, theater, 5th bedroom or potential ADU conversion. This turnkey mountain retreat offers the perfect blend of location, comfort, and income opportunity. This is not part of the Dollar Point HOA so you get the convenience of the area without the substantial HOA fees. TSMLS Lockbox.

Listing courtesy of Robert A Kelley of Redfin Corporation



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Data last updated at: 2025-07-06 08:26 PM UTC