Set in one of Tahoe City’s most loved neighborhoods, this home on Observation Drive checks all the right boxes—views of the lake, great sun, and a layout that just works. Located in Dollar Point, you're close to it all: the private beach, swimming pool, tennis courts, pier, and buoys—not to mention the simple joy of an evening stroll with lake breezes in the air. The upper level is open and inviting, with vaulted ceilings, loads of natural light, and a big deck made for outdoor meals and long summer evenings. You’ll find two bedrooms and a full bath on each floor—easy for guests and easy to spread out. Downstairs, there’s a large rec room that’s just asking for game nights, movie marathons, or a quiet retreat after a day on the lake. It's a great setup for multiple generations or hosting with a little space and privacy. The home has a newer roof, updated flooring, a generous laundry/utility room and storage closet, and a separate shed for all your Tahoe toys. A well-loved home in a truly special spot—ready for its next chapter.
Sold for $1,600,000
$1,600,000
20 Observation Dr, Tahoe City, CA 96145
4beds
2,592sqft
Single Family Residence
Built in 1963
-- sqft lot
$2,058,500 Zestimate®
$617/sqft
$6,044 Estimated rent
Home value
$2,058,500
$1.75M - $2.45M
$6,044/mo
Zestimate® history
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List your homeWhat's special
Swimming poolPrivate beachTennis courtsLarge rec roomGreat sunViews of the lakeUpdated flooring
Zillow last checked:
Listing updated:
Listed by:
Kate Wilkins 530-412-3164,
Compass
Bought with:
Kate Wilkins, DRE #01499860
Compass
Source: TSMLS,MLS#: 20251269
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Laundry Room
Features
- Pantry, High Ceilings, Family Room, Rec Room
- Flooring: Carpet, Wood, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Patio & porch: Deck(s): 2
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Buoy, Shared Pier
Lot
- Features: Street
- Topography: Upslope
Details
- Additional structures: Outbuilding
- Parcel number: 093092011000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Tahoe City
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Pool, Tennis Court(s)
- HOA fee: $1,360 annually
Location
- Region: Tahoe City
Financial & listing details
- Price per square foot: $617/sqft
- Tax assessed value: $525,238
- Annual tax amount: $6,668
- Price range: $1.6M - $1.6M
- Date on market: 6/12/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $1,600,000-5.9%$617/sqft |
Source:  TSMLS #20251269 Report a problem | ||
| 10/11/2025 | Pending sale | $1,700,000$656/sqft |
Source: TSMLS #20251269 Report a problem | ||
| 8/29/2025 | Price change | $1,700,000-5.6%$656/sqft |
Source: TSMLS #20251269 Report a problem | ||
| 8/4/2025 | Price change | $1,800,000-4%$694/sqft |
Source: TSMLS #20251269 Report a problem | ||
| 7/17/2025 | Price change | $1,875,000-3.8%$723/sqft |
Source: TSMLS #20251269 Report a problem | ||
| 6/12/2025 | Listed for sale | $1,950,000$752/sqft |
Source: TSMLS #20251269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,668 +3.7% | $525,238 +2% |
| 2024 | $6,432 +1.4% | $514,940 +2% |
| 2023 | $6,346 +3% | $504,844 +2% |
| 2022 | $6,163 +2.1% | $494,946 +2% |
| 2021 | $6,034 +1.6% | $485,242 +1% |
| 2020 | $5,942 | $480,267 +2% |
| 2019 | $5,942 +7.4% | $470,851 +2% |
| 2018 | $5,532 +1.9% | $461,620 +2% |
| 2017 | $5,428 +1.1% | $452,570 +2% |
| 2016 | $5,366 +2% | $443,697 +1.5% |
| 2015 | $5,260 +2.9% | $437,033 +2% |
| 2014 | $5,110 | $428,473 +0.5% |
| 2013 | -- | $426,538 +2% |
| 2012 | -- | $418,176 +2% |
| 2011 | -- | $409,977 +0.8% |
| 2010 | -- | $406,914 -0.2% |
| 2009 | -- | $407,881 +2% |
| 2008 | -- | $399,884 +2% |
| 2007 | -- | $392,044 +2% |
| 2006 | -- | $384,358 +2% |
| 2005 | -- | $376,822 +2% |
| 2004 | -- | $369,434 +1.9% |
| 2003 | -- | $362,664 +2% |
| 2002 | -- | $355,554 +2% |
| 2001 | -- | $348,583 +2% |
| 2000 | -- | $341,749 |
Find assessor info on the county website
Neighborhood: 96145
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Nearby schools
GreatSchools rating
- 9/10Tahoe Lake Elementary SchoolGrades: K-5Distance: 2.4 mi
- 7/10North Tahoe SchoolGrades: 6-8Distance: 1.3 mi
- 9/10North Tahoe High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$2,058,500
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Estimated market value
$2,058,500
- California
- Placer County
- Tahoe City
- 96145
- 20 Observation Dr
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