20 Observation Dr

Tahoe City, CA 96145

$1,600,000
Last Sold Price
4
Beds
2,592 Sq. Ft.
$617 / Sq. Ft.
2,592
Sq. Ft.
$617
per Sq. Ft.
Sold 11/21/25
Sold 11/21/25
a living room with furniture and a flat screen tv
a view of balcony with furniture
a picture of tree
a living room with furniture and a fireplace
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a view of a workspace with furniture and wooden floor
a dining room with furniture window wooden floor and stainless steel appliances
a view of a dining room with furniture window and outside view
a kitchen with furniture and a table
a view of a dining room with furniture window and outside view
a bedroom with a bed and a dresser
a bedroom with a bed and a window
a bathroom with a granite countertop sink toilet and shower
a bedroom with a bed and a lamp on dresser with a window
a view of front door with hallway and wooden floor
a living room with furniture large windows and wooden floor
a living room with furniture and a windows
a bedroom with furniture and a large window
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a view of a park
a view of a park with tree s
a view of a lake with a outdoor space
a view of a wooden floor and lake
a view of a tennis court
a view of a lush green field with a mountain in the background
a view of a cafe with sitting area

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...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

  1. Kate Wilkins

    Kate Wilkins

    Listing Agent

    Compass

    DRE #01499860

    kate.wilkins@compass.com

    P: (530)-412-3164

    CallTextEmail

Property Details for 20 Observation Drive

Architecture
Mountain
Area
DOLLAR POINT-3NR
Community
Tahoe City
Furnished
Negotiable
Garage
None
Setting
Street
View
Lake, Mountain
LISTING UPDATED: 11/21/2025 04:18 PM

Property Details for 20 Observation Drive

StatusSold
MLS #20251269
Days on Compass120
Taxes-
HOA Fees$1,360 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1963
Lot Size-
CountyPlacer County

Location

Listing Courtesy of Compass, Kate Wilkins, DRE #01499860

Sold By Compass, Kate Wilkins, DRE #01499860

Add your commute

Building Information for 20 Observation Drive

Stories2Year Built1963Building Size-Lot Size-

Payment Calculator

$8,576 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,906

Property Taxes

$556

HOA Dues

$113

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Observation Drive

Summary
Location and General Information
  • Directions: North Lake Blvd., to Dollar Drive, Right on Observation.
  • FIPS: 06061
  • Floor Coverings: Carpet, Wood, Mixed
  • Geo Address Line: 20 Observation Dr
  • Geo Match Code: 0.0
  • Geo Matched Method: 0.0
  • Geo Postal Code: 96145
  • Geo Primary City: Tahoe City
  • Geo Quality: 0.95
  • Geo Subdivision: CA
  • Geo Update Timestamp: 1749750847200
  • Geo Zoom Level: 16.0
  • Sub Status: Standard
  • Sub Area: 3NR
Taxes and HOA Information
  • HOA Amenities: Beach Access, Pool, Tennis Courts
  • HOA Dues Optional: No
Virtual Tour
Property
Lot Information
  • Age: 50+ Years
  • APN: 093-092-011-000
  • Approx Acreage: 0 - .255
  • Approx. Sqft: ASSESSOR
  • Topography: Upslope
Property and Assessments
  • Sign: Yes
  • Water: Utility District
Utilities
  • Gas: Natural
  • Heating: Natural Gas
  • Sewer: Utility District
Rental
Rental Information
  • DOMLS: 120.0
Interior and Exterior Features
Exterior Features
  • Construction Phase: FINISHED
  • Construction/Ext: Framed
  • Decks: 2
  • Out Buildings: Yes, See Remarks
  • Waterfront Amenities: Buoy, Shared Pier
Interior Features
  • Alarm: No
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Rec Room
  • Fireplace: Living Room
  • Laundry: Room

Property History for 20 Observation Drive

DateEvent & SourcePriceAppreciation
Nov 21, 2025

Sold

TSMLS #20251269

$1,600,000—
Nov 14, 2025

Sold (Public Record)

Public Record #1920983114

$1,600,000—
Oct 10, 2025

Pending

TSMLS #20251269

—
Oct 10, 2025

In Contract

TSMLS #20251269

—
Aug 28, 2025

Price Change

TSMLS #20251269

$1,700,000—
Aug 4, 2025

Price Change

TSMLS #20251269

$1,800,000—
Jul 16, 2025

Price Change

TSMLS #20251269

$1,875,000—
Jun 12, 2025

Listed (Active)

TSMLS #20251269

$1,950,000—
DateEvent & SourcePrice
11/21/2025

Sold

TSMLS #20251269

$1,600,000
11/14/2025

Sold (Public Record)

Public Record #1920983114

$1,600,000
10/10/2025

Pending

TSMLS #20251269

—
10/10/2025

In Contract

TSMLS #20251269

—
08/28/2025

Price Change

TSMLS #20251269

$1,700,000
08/04/2025

Price Change

TSMLS #20251269

$1,800,000
07/16/2025

Price Change

TSMLS #20251269

$1,875,000
06/12/2025

Listed (Active)

TSMLS #20251269

$1,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Observation Drive

Taxable ValueLand$144,980Additions$380,258Total$525,238
Tax Record2025$6,668 ($556 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtLot Size11,020 SqFtStyleSingle Family ResidenceYear Built1963ZoningLDRCountyPLACERAPN093-092-011-000Fireplace TypeHas Fireplace

Schools near 20 Observation Drive

This home is within Tahoe-Truckee Unified School District.
Rating
School
Type
Grades
Distance
Tahoe Lake Elementary School
Public - K to 5
North Tahoe School
Public - 6 to 8
North Tahoe High School
Public - 9 to 12
Cold Stream Alternative School
Public - K to 12
Rating
School
Distance
Tahoe Lake Elementary School
PublicK to 5

North Tahoe School
Public6 to 8

North Tahoe High School
Public9 to 12

Cold Stream Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Kate Wilkins, DRE #01499860

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.