NOT LISTED FOR SALE

3005 Fabian Way Tahoe City, CA 96145

Estimated Value: $2,483,000 - $2,925,000

5 Beds
4.5 Baths
3,370 Sq Ft
$812/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $2,525,000 $749 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,760/month

28 Days on Market

About This Home

As of September 2023

Prepare to be wowed by the level of detail in this ‘Mountain Modern meets Arts and Crafts’ Tahoe Home. The thoughtful design and layout of this home blends functional chalet mountain details for heavy Tahoe snowfall with optimized placement of doors and windows to catch dawn to dusk sunlight within the home's best spaces. Located in the highly sought after Highlands Neighborhood of Tahoe City and situated on a spacious half acre sun drenched corner lot, this is essentially a new-construction Mountain Masterpiece. Transformed from modest cabin into a 3370 square foot 5 bedroom/4.5 bath/oversized 2 car garage home finaled in 2023. The expansive open floor plan upstairs seamlessly flows from chef’s kitchen, extending onto a large, south-facing red mahogany wood deck for entertaining, to an open dining area with built in cocktail bar, enveloping a central comfortable living room area perfect for gathering by the fireplace. Off the main living space, the primary bedroom suite enjoys deck access, a spacious walk in closet, a dreamy spa bathroom with luxury details like clé zellige handmade Moroccan tile, Waterworks fixtures, a walk-in shower, and a separate soaking bathtub for relaxing. The guest suite adds privacy with separate entrance, living space and private bathroom. The rec room/5th bedroom on the ground level adds an additional spacious living area or a large ground floor bedroom. Boasting the highest level of craftsmanship throughout, with such details as Rustic European oak hardwood flooring, Versailles pattern blue slate flooring in the entry and mudroom, and flush inset cabinetry throughout, this is not your typical new construction. The cloudlift detail on the expansive front deck railing is the owner's nod to the Greene + Greene style of architectural design from the Arts and Crafts movement and pleasing to the eye. The entire interior of the home was trimmed out using wood harvested and milled on-site from the one large tree that was dropped to make way for the expanded home footprint. Channeled peek lake views are expertly framed in the kitchen with the thoughtful window placement. Reclaimed oak barrel bath vanities are showcased in some of the baths. This is a rare custom home that has everything and does not require a costly renovation. All mechanical systems are new and highly efficient, with the added option to install a large rooftop solar system which is already pre-wired from the roof interface to the main power panel. The large yard is ready for endless landscaping options and an approved custom shed if desired. The Highlands Neighborhood location affords all of the benefits of living on the east side of Tahoe City - great sun exposure, close access to North Tahoe High School and Middle School as well as the TC Nordic Center and backcountry trail system, walking distance to Skylandia Beach, and an easy bike ride downhill into Tahoe City along the bike path - all without HOA fees and limitations. Welcome home to the Lake!

Last Agent to Sell the Property

Maura Mack

Coldwell Banker Realty License #01296899 Listed on: 07/28/2023

Coldwell Banker Realty

Co-Listed By

Jason Mack

Coldwell Banker Realty License #01900297

Last Buyer's Agent

Katherine Benty

COMPASS License #01400292

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,640

Year Built

  • Built in 2023

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Chalet

Interior Spaces

  • 3,370 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Community Details

  • Tahoe City Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,640

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Age: Brand New
  • Estimated Lot Size: .26 - .5
  • Community: Tahoe City
  • Directions: From Tahoe City, Village or Old Mill to Fabian. House is on the uphill corner of Fabian and Old Mill
  • Number of Acres: 0.5
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 3NR
  • Sub-Status: Standard
  • Year Built: 2023
  • Cross Street: Old Mill
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Chalet
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 3370
  • Stories: Two
  • Water Company: TCPUD
  • Furnished: None
  • Bathrooms: 4.5
  • Bedrooms: 5

Exterior Features

  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Hays Travis and Hays Grace
Bought by
Grace Shorenstein Hays And Travis Hays Revoca and Hays
Current Estimated Value
$2,734,941

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 20, 2023
Sold by
Berry Matthew and Berry Tricia L
Bought by
Hays Travis and Hays Grace
Seller's Agent
Maura Mack
Coldwell Banker Realty
Buyer's Agent
Katherine Benty
COMPASS
List Price
$2,549,000
Sold Price
$2,525,000
Premium/Discount to List
-$24,000
-0.94%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 7, 2017
Sold by
Lind Aileen P
Bought by
Berry Matthew and Berry Tricia L
Seller's Agent
Becky Arnold
Sierra Sotheby's Int Realty TC
Buyer's Agent
Glen Poulsen
Eric Poulsen, Broker
List Price
$449,000
Sold Price
$502,000
Premium/Discount to List
$53,000
11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.68%
Original Mortgage
$401,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2013
Sold by
Lind Wayne E and Lind Aileen P
Bought by
Lind Wayne E and Lind Aileen P

Purchase Details

Closed on
Apr 5, 1994
Sold by
Lind Wayne E
Bought by
Lind Wayne E and Lind Aileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grace Shorenstein Hays And Travis Hays Revoca -- None Listed On Document
Hays Travis $2,525,000 Placer Title
Berry Matthew $502,000 Fidelity National Title Co
Lind Wayne E -- None Available
Lind Wayne E -- None Available
Lind Wayne E -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berry Matthew $401,600
Previous Owner Lind Wayne E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2023 09/25/23 Sold $2,525,000 +5.3% $749 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $2,399,000 -5.9% $712 / Sq Ft
07/28/2023 07/28/23 For Sale $2,549,000 +407.8% $756 / Sq Ft
11/14/2017 11/14/17 Sold $502,000 +11.8% $418 / Sq Ft View Prior Sale
09/28/2017 09/28/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $449,000 -- $374 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History Compared to Growth

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 $27,640 $2,575,500 $280,500 $2,295,000
2023 $27,640 $1,689,563 $191,387 $1,498,176
2022 $18,646 $1,656,435 $187,635 $1,468,800
2021 $8,595 $742,690 $183,956 $558,734
2020 $7,336 $617,280 $182,070 $435,210
2019 $6,374 $512,040 $178,500 $333,540
2018 $5,914 $502,000 $175,000 $327,000
2017 $1,580 $103,006 $20,294 $82,712
2016 $1,558 $100,988 $19,897 $81,091
2015 $1,527 $99,472 $19,599 $79,873
2014 $1,488 $97,525 $19,216 $78,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231341

Tahoe Sierra Board of REALTORS®

APN: 093-192-016