OPEN SAT 12PM - 2PM
$250K PRICE DROP
20 Observation Dr Tahoe City, CA 96145
Estimated payment $9,706/month
Total Views
29,582
4
Beds
2
Baths
2,592
Sq Ft
$656
Price per Sq Ft
Highlights
- Community Beach Access
- Pier
- Living Room with Fireplace
- North Tahoe School Rated A
- Mountain View
- Recreation Room
About This Home
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.
Open House Schedule
-
Saturday, September 20, 202512:00 to 2:00 pm9/20/2025 12:00:00 PM +00:009/20/2025 2:00:00 PM +00:00Open on Saturday!Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,432
Year Built
- Built in 1963
Lot Details
- Lot Sloped Up
HOA Fees
- $113 Monthly HOA Fees
Parking
- No Garage
Home Design
- Mountain Architecture
Interior Spaces
- 2,592 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Vaulted Ceiling
- Family Room
- Living Room with Fireplace
- Recreation Room
- Mountain Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Pier
- Multiple Outdoor Decks
Utilities
- Heating System Uses Natural Gas
- Utility District
Community Details
Overview
- $5,100 HOA Transfer Fee
- Visit Association Website
- Tahoe City Community
Recreation
- Community Beach Access
- Tennis Courts
- Community Pool
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,432 | $525,238 | $144,980 | $380,258 |
| 2023 | $6,432 | $504,844 | $139,351 | $365,493 |
| 2022 | $6,163 | $494,946 | $136,619 | $358,327 |
| 2021 | $5,942 | $485,242 | $133,941 | $351,301 |
| 2020 | $5,942 | $480,267 | $132,568 | $347,699 |
| 2019 | $5,995 | $470,851 | $129,969 | $340,882 |
| 2018 | $5,532 | $461,620 | $127,421 | $334,199 |
| 2017 | $5,428 | $452,570 | $124,923 | $327,647 |
| 2016 | $5,366 | $443,697 | $122,474 | $321,223 |
| 2015 | $5,260 | $437,033 | $120,635 | $316,398 |
| 2014 | $5,110 | $428,473 | $118,272 | $310,201 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $1,700,000 | -5.6% | $656 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $1,800,000 | -4.0% | $694 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $1,875,000 | -3.8% | $723 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $1,950,000 | -- | $752 / Sq Ft |
Source: Tahoe Sierra Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $174,000 | Unknown | |
| Closed | $179,800 | Unknown |
Source: Public Records
About the Listing Agent
Meet Kate Wilkins, your trusted Realtor® in Lake Tahoe.
Kate Wilkins has called Lake Tahoe home for over 20 years, drawn to its breathtaking natural surroundings and the vibrant yet laid-back lifestyle it offers. With nearly two decades of real estate expertise, Kate seamlessly serves clients on both the California and Nevada sides of the lake. She is known for her genuine, straightforward approach and commitment to building real connections with her clients.
Kate’s knowledge of
Kate's Other Listings
Source: Tahoe Sierra Board of REALTORS®
MLS Number: 20251269
APN: 093-092-011
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