28 photos
Sold
515 Virginia Drive
Tahoe City, California 96145
3
Beds
2
Baths
1,344
Sq Ft
—
Built
$930,000
$691/sqft
Tahoe City, California 96145
3
Beds
2
Baths
1,344
Sq Ft
—
Built
$930,000
$691/sqft
28 photos — Tahoe Sierra MLS · MLS #20261548
This 3-bedroom, 2-bathroom 1,344 square foot home in Tahoe City was built in —. It listed at $930k.
Located in Tahoe City, California 96145.
At $691/sqft, this reflects the current Tahoe City market.
| Address | 515 Virginia Drive |
| City | Tahoe City, CA 96145 |
| Price / Sq Ft | $691/sqft |
Your Buyer's Agent
I represent you — not the seller. I'll pull MLS detail, comparable sales, fire zone, STR viability, and structure the offer in your favor.
Or call/text: 530-448-1734
Your Broker
Tristan Roberts
DRE #01259729 · Coldwell Banker
30 years in North Lake Tahoe. I know this neighborhood, the HOA, the contractors, and the market.
Inspection Window
April through June
Program
Annual Defensible Space Inspection Program
NTFPD inspects properties in the Very High FHSZ annually between April and June. Inspectors check Zone 0 (0–5 ft), Zone 1 (5–30 ft), and Zone 2 (30–100 ft) clearances per CAL FIRE standards. Properties that fail first inspection receive a notice and second inspection. Persistent non-compliance can result in abatement with owner liability for costs. NTFPD also offers free chipper days where residents can have cleared material chipped and removed at no charge — typically in April and May.
This property is in Tahoe City in Tahoe City, Placer County.
Portal: PlacerGOV (placer.ca.gov/buildingpermits)
All structural work, additions, re-roofing, electrical upgrades, and HVAC replacements require Placer County Building permits. The PlacerGOV online portal handles most permit applications. For properties in the Lake Tahoe Basin, TRPA compliance review runs concurrently with county review — expect a longer permitting timeline.
TOT Rate: 10%
Placer County requires a TOT (Transient Occupancy Tax) certificate for all short-term rentals under 30 days. The certificate number must be posted in all listing platforms. TOT is collected and remitted to Placer County quarterly. Violations can result in back-tax liability plus penalties.
California Prop 19 (effective Feb 2021) changed parent-to-child property transfer rules — only a primary residence transfer receives the reassessment exclusion, and the exclusion is capped. Investment and vacation properties no longer receive automatic exclusion. Placer County Assessor administers transfers.
Agency: CAL FIRE — Placer Unit, in conjunction with local fire districts
Placer County properties in the Tahoe Basin are designated Very High FHSZ (Fire Hazard Severity Zone) by CAL FIRE. Annual defensible space inspections are conducted by local fire districts under contract with CAL FIRE. Non-compliance can affect homeowner's insurance coverage and may result in abatement notices.
25.9%
of properties in this zip are registered STR operators
$45,000–$65,000
estimated median gross annual STR income
Peak Months
July, August, and the ski corridor (December–March)
Tahoe City's 96145 zip is North Tahoe's highest-density STR market. The Commons Beach corridor and lakefront access drive summer occupancy above 85% in July–August. Placer County issues TOT certificates and collects a 10% transient occupancy tax on gross rental revenue. Operators must post the TOT certificate number in all listings.
Income estimates based on Placer/El Dorado County TOT filings and publicly reported AirDNA/VRBO North Lake Tahoe data, 2023–2024. Actual results vary by property type, condition, and operator.
Development era: 1910s–1930s
Tahoe City developed around the Tahoe Tavern resort, which opened in 1901 and established the area as a destination for Californians of means. The Truckee River Dam at the outlet was built in 1913 to regulate lake levels — still in operation today. The commercial district along Highway 28 emerged in the 1920s–1930s, and the area transitioned from an elite resort destination to a broader vacation community as automobile access improved through the mid-20th century.
Tahoe City is the commercial and community center of the North Shore. The Truckee River outlet, Commons Beach, and cluster of restaurants and shops along Highway 28 give it a walkable town character unusual for the Tahoe Basin. Year-round residents and second-home owners both orient toward Tahoe City as the area's civic hub.
Early March (10 days)
North Tahoe's signature winter festival, headquartered in Tahoe City since 1985. Polar plunges, snow sculpting, parades, torchlight parades at Palisades Tahoe, and live music across 10 days. The area's highest hotel occupancy weekend outside of peak ski weeks.
August
Annual summer festival at Commons Beach in the heart of Tahoe City, featuring live blues music, local craft breweries, and lakefront views. One of the most accessible events for families staying in the 96145 area.
July–August (weekly)
Free Thursday evening concerts at Commons Beach in Tahoe City. Draws locals and visitors; a consistent summer draw that supports strong July–August rental occupancy in the 96145 zip.
Late August
Triathlon event using the Lake Tahoe Basin. The swim leg uses the crystal-clear near-shore water of the North Shore. Draws athletes and supporters from across the Western US and creates a late-August occupancy spike.
Area comps — Tahoe City (no same-subdivision sales found)
$767/sqft
Avg $/sqft
22
Median DOM
$1.1M
Median Price
At $692/sqft, this listing is priced in line with recent sales in Tahoe City (neighborhood avg: $767/sqft).
| Address | Sold | Sale Price | $/sqft | Beds/Baths | Sqft | Market Time | Pool |
|---|---|---|---|---|---|---|---|
| 1675 Washoe Way | Aug 2026 | $750,000 | $691/sqft | 2bd / 1ba | 1,086 | 62 days — priced to sell | Area |
| 938 Country Club Dr | May 2026 | $1.3M | $890/sqft | 3bd / 2ba | 1,432 | Sold in 10 days | Area |
| 3100 Martin Dr | Apr 2026 | $1.6M | $1197/sqft | 3bd / 2ba | 1,328 | 16 days on market | Area |
| 1705 Washoe Way | Feb 2026 | $671,274 | $437/sqft | 4bd / 2ba | 1,536 | 46 days — priced to sell | Area |
| 1263 Sequoia Ave | Dec 2025 | $800,000 | $535/sqft | 3bd / 2ba | 1,496 | 175 days — took time | Area |
| 265 Tamarack Ln | Nov 2025 | $1.1M | $769/sqft | 4bd / 2ba | 1,488 | 44 days — priced to sell | Area |
1675 Washoe Way
Tahoe City · Aug 2026
$750,000
Sold Price
$691/sqft
Per Sqft
1,086 sf
2bd 1ba
62 days — priced to sell
938 Country Club Dr
Tahoe City · May 2026
$1.3M
Sold Price
$890/sqft
Per Sqft
1,432 sf
3bd 2ba
Sold in 10 days
3100 Martin Dr
Tahoe City · Apr 2026
$1.6M
Sold Price
$1197/sqft
Per Sqft
1,328 sf
3bd 2ba
16 days on market
1705 Washoe Way
Tahoe City · Feb 2026
$671,274
Sold Price
$437/sqft
Per Sqft
1,536 sf
4bd 2ba
46 days — priced to sell
1263 Sequoia Ave
Tahoe City · Dec 2025
$800,000
Sold Price
$535/sqft
Per Sqft
1,496 sf
3bd 2ba
175 days — took time
265 Tamarack Ln
Tahoe City · Nov 2025
$1.1M
Sold Price
$769/sqft
Per Sqft
1,488 sf
4bd 2ba
44 days — priced to sell
In Tahoe City, homes typically sell in 22 days. 0% sell in under 2 weeks — those tend to be well-priced. 0% sit longer than 90 days.
Sale data from Tahoe Sierra MLS via CB Lake Tahoe sale history. Comps shown are area-wide (Tahoe City) — insufficient same-subdivision sales found. Area-wide comps are shown; price levels vary by subdivision and may not reflect Tahoe City values specifically. Sold dates and prices are from MLS records and may not reflect off-market or unreported transactions.
Whether you're buying your first Tahoe home or managing a portfolio, I respond personally.