Welcome to 64 Observation Drive—an exceptional retreat nestled in the coveted Dollar Point neighborhood of Tahoe City. This beautifully reimagined 4-bedroom, 3-bathroom residence offers 2,724 square feet of thoughtfully designed living space, blending the timeless character of its 1977 build with a fully permitted half-million-dollar remodel with a modern, expanded floor plan with the primary suite and bath on the main level and 3 bedrooms and 2 full bathrooms downstairs. Step inside to an expansive great room featuring vaulted ceilings, rich hardwood floors, and a dramatic wall of windows that frame sweeping views of Lake Tahoe. Gather by the wood-burning fireplace or entertain effortlessly in the spacious dining area. The light-filled primary suite, complete with lake views, offers the perfect sanctuary after a day of Tahoe's adventures. Positioned on a sunny southern exposure .30-acre corner lot at Observation Drive and Shasta Way, this two-story home also includes a new hot tub, newer Trex decking, ideal for outdoor dining or stargazing, and an oversized one-car garage. This home is almost perfectly situated halfway between Dollar Point’s exclusive amenities—private beach, pier, buoy lottery, swimming pool, and five tennis courts, making for a relaxing walk or very short drive to any of Dollar Point's sought-after amenities. This home is also conveniently located close to Tahoe City, Palisades Tahoe, Alpine Meadows, and everything the North and West Shore of Lake Tahoe has to offer. A rare opportunity to enjoy elevated lake life year-round. Welcome home to your own Tahoe...
For sale
Price cut: $100K (7/27)
$2,699,000
64 Observation Dr, Tahoe City, CA 96145
4beds
3baths
2,724sqft
Est.:
Single Family Residence
Built in 1977
0.31 Acres Lot
$2,565,500 Zestimate®
$991/sqft
$113/mo HOA
What's special
Wood-burning fireplaceLight-filled primary suiteLake viewsCorner lotSpacious dining areaNewer trex deckingExpansive great room
- 36 days
- on Zillow |
- 1,824 |
- 90 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 08:26am
Listed by:
Scott E Willers 530-277-5607,
Compass
Source: TSMLS,MLS#: 20251406

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Natural Gas, CFAH
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Hall
Features
- High Ceilings, Phone, High Speed Internet, Great Room
- Flooring: Carpet, Wood, Stone, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room
Interior area
- Total structure area: 2,724
- Total interior livable area: 2,724 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, One
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 1
- Spa features: Hot Tub
- Has view: Yes
- View description: Filtered
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.31 Acres
- Features: Street, Rental History
- Topography: Upslope,Gently Rolling
Details
- Additional structures: None
- Parcel number: 093101006000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available, Cable Connected
Community & HOA
Community
- Features: Gated: No
- Security: Audio Surveillance, Closed Circuit Camera(s)
- Subdivision: Tahoe City
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Pool
- HOA fee: $1,360 annually
Location
- Region: Tahoe City
Financial & listing details
- Price per square foot: $991/sqft
- Tax assessed value: $1,470,949
- Annual tax amount: $16,519
- Price range: $2.7M - $2.7M
- Date on market: 6/26/2025
- Listing agreement: EXCLUSIVE RIGHT
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