20 Observation Drive, Tahoe City, CA 96145 - Photo 1

1/1

$1,600,000

Sold
Closed
Single Family
4 Beds
2 Full Baths
2,592 Sq. Ft.

1/1

Property Description

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.

Full Property Details

Full Property Details for 20 Observation Dr

General

Sold For: $1,600,000
HOA FEE: $113/month
HOA FEE FREQ.: Yearly
Status: Closed
Type: Single Family
Source: Tahoe_MLS
MLS ID: 20251269
Added to Site: 218 day(s) ago

Interior

Interior Features: Pantry, High Ceilings
Fireplace(s): Living Room
Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Furnished: Yes
Flooring: Carpet, Mixed, Wood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Other Rooms

Extra Room 1: Family Room, Rec Room
Laundry: Room

Additional Information

Shared Amenities: Beach Access, Pool, Tennis Courts

Location

Area: DOLLAR POINT-3NR
County: Placer
Driving Directions: North Lake Blvd., to Dollar Drive, Right on Observation.

Heating & Cooling

Heating Type: Natural Gas

Utilities

Gas: Natural Gas
Sewer: Utility District
Water: Utility District

Structural Information

Architectural Style: Mountain
Construction Status: FINISHED
Construction: Framed
Stories/Levels: Two
Square Feet: 2,592
Year Built: 1963

Lot Features

Property View: Lake, Mountain
Lot Size Range: 0 - .255
Frontage: Street
Topography: Upslope

Water Features

Water Front Desc.: Buoy, Shared Pier

Financial Considerations

Association Fee: $1,360
Assoc Fee Freq.: Yearly

Disclosures and Reports

APN: 093-092-011-000

Listed and Sold by Compass, Kate Wilkins

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Listing agent

— 20 Observation Dr —

Kate Wilkins

Compass

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Schools

Schools serving 20 Observation Dr

School District:Tahoe-Truckee Joint Unified School District

Name	Grades	Distance
Tahoe Lake Elementary School 375 Grove Street, Tahoe City, CA 96145	K-4	2.4 mi
North Tahoe School 2945 Polaris Road, Tahoe City, CA 96145	5-8	1.3 mi
North Tahoe High School 2945 Polaris Road, Tahoe City, CA 96145	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20 Observation Dr

Date

Details

Price

Change

Source

11/21/2025

Sold

$1,600,000

-5.88%

MLS

8/28/2025

Price Reduced

$1,700,000

-5.56%

MLS

8/04/2025

Price Reduced

$1,800,000

-4%

MLS

7/16/2025

Price Reduced

$1,875,000

-3.85%

MLS

6/12/2025

Listed

$1,950,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Active
Updated 3 hours ago

1
Bed
2
Total Baths
758
Sq. Ft.

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Price Reduced

-$5,000 (-1.01%)

$490,000

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Active
Updated 3 hours ago

1
Bed
1
Total Bath
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Sq. Ft.

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4
Beds
2
Total Baths
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4
Beds
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4
Beds
2
Total Baths
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Sq. Ft.

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20 Observation Drive, Tahoe City, CA 96145 (MLS# 20251269) is a Single Family property that was sold at $1,600,000 on November 21, 2025. Want to learn more about 20 Observation Drive? Do you have questions about finding other Single Family real estate for sale in Tahoe City? You can browse all Tahoe City real estate or contact a Coldwell Banker agent to request more information.

20 Observation Dr Tahoe City, CA 96145