$1,700,000
OPEN SAT 12PM - 2PM $250K PRICE DROP

20 Observation Dr Tahoe City, CA 96145

Estimated payment $9,706/month

Total Views 29,353
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.

Listing Agent

Kate Wilkins

Compass License #01499860 Listed on: 06/12/2025

Compass

Open House Schedule

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

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,432

Year Built

Built in 1963

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Tahoe City
  • Directions: North Lake Blvd., to Dollar Drive, Right on Observation.
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 3NR
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 1963
  • Other: Pantry, High Ceilings
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Out Buildings: Yes, See Remarks
  • Sign YN: Y
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 2592
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Rec Room
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 2
  • Bedrooms: 4
  • Floor Coverings: Carpet, Wood, Mixed

Exterior Features

  • View: Lake, Mountain
  • Construction Exterior: Framed
  • Waterfront Amenities: Buoy, Shared Pier
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Beach Access, Pool, Tennis Courts
  • HOA Fees: 1360
  • HOA Fee Frequency: Yearly
  • HOA Transfer Fee: 5100
  • HOA Membership: Y
  • HOA Website: https://www.dollarpoint.org/

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Kate Wilkins

Compass

(530) 999-9501

Section Image

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

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Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20251269

Tahoe Sierra Board of REALTORS®

APN: 093-092-011