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.
For sale
$1,950,000
20 Observation Dr, Tahoe City, CA 96145
4beds
2baths
2,592sqft
Est.:
Single Family Residence
Built in 1963
-- sqft lot
$1,875,100 Zestimate®
$752/sqft
$113/mo HOA
What's special
Swimming poolPrivate beachTennis courtsLarge rec roomGreat sunViews of the lakeUpdated flooring
- 10 days
- on Zillow |
- 1,045 |
- 83 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 11:14am
Listed by:
Kate Wilkins 530-412-3164,
Compass
Source: TSMLS,MLS#: 20251269

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- 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 interior livable area: 2,592 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 2
- Has view: Yes
- View description: Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Buoy, Shared Pier
Lot
- Features: Street
- Topography: Upslope
Details
- Parcel number: 093092011000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- 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: $752/sqft
- Tax assessed value: $514,940
- Annual tax amount: $6,432
- Price range: $2M - $2M
- Date on market: 6/12/2025
- Listing agreement: EXCLUSIVE RIGHT
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