Perched above the breathtaking beauty of Lake Tahoe, this exceptional property offers an unparalleled living experience with panoramic views and ultimate privacy. The main residence and guest home together feature 7 bedrooms, ideal for hosting in comfort and style. Expansive windows throughout the home frame the stunning lake views, while bedrooms on every floor, plus a separate game room and office, provide abundant flex space. The separate guest home, complete with a kitchenette, is perfect for visitors or additional overflow. The main house boasts an updated bath, a remodeled luxurious spa area, new floors, and refreshed kitchen countertops. Outdoor living is at its finest here, with great spaces and just steps from a scenic bike path leading directly to Tahoe City's vibrant downtown. Whether you're drawn to the natural beauty of the area or the convenience of nearby shopping and dining, this location offers the best of both worlds. With its unmatched views, ample living space, and a perfect blend of tranquility and accessibility, this Lake Tahoe retreat is more than just a home—it’s a lifestyle.
Single-familyProperty Type
1979Year Built
0.47 acresLot Size
$760Est. Price/Sq.Ft.
2 car garageParking
Listed by Liza Killen•DRE #DRE #01731371• Tahoe Mountain Realty
Bought with Kaili Sanchez•DRE #DRE #01945074• COMPASS
Back on the market! Tastefully remodeled as a turn-key home with beautiful, panoramic views of Lake Tahoe. Located in-between Tahoe City and Carnelian Bay, get the best of both worlds with ease of access to world class Tahoe amenities. The main home boasts well appointed social spaces off a centered kitchen, with a master wing and quaint, cozy guest quarters. The guest home sits with an attached 2-car garage, bonus kitchenette, laundry room, and an enormous bunk room to house your lively guests.
TSMLS #20190830
Sep 2, 2020
Sold
$2,550,000
$493/sq ft
Aug 19, 2020
Pending
—
Jul 30, 2020
Relisted
—
Jun 28, 2020
Contingent
—
Mar 28, 2020
Price Changed
$2,965,000
$573/sq ft
Sep 8, 2019
Price Changed
$3,325,000
$643/sq ft
May 6, 2019
Listed
$3,450,000
$667/sq ft
+16
Back on the Market, reviewing offers Wed Aug 19th. Panoramic lake view property overlooking terraced lawn and sunny lightly forested hillside. Expansive views from North Shore to South Shore. Savor moon rises and sunrises. This place will knock your socks off. Convenient to Tahoe City Marina. Easy winter access. Detached guest-house with large bunk room. Pool table worthy lake view game room. Flat driveway and walk to entry on the main living level. See Virtual Tour for video, floor plans and more.
TSMLS #2501259
Oct 7, 2005
Sold
$2,050,000
$396/sq ft
Aug 3, 2005
Delisted
—
May 27, 2005
Listed
$2,495,000
$482/sq ft
Public Records
Jul 8, 1996
Sold
$800,000
$155/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$34,213 (+3.2%)
$1,020,000 + $2,932,500
$3,952,500
2024
$33,165 (+0.3%)
$541,216 + $2,543,714
$3,084,930
2023
$33,065 (+1.8%)
$530,604 + $2,493,838
$3,024,442
2022
$32,489 (+16.2%)
$520,200 + $2,444,940
$2,965,140
2021
$27,952 (+1.6%)
$510,000 + $2,397,000
$2,907,000
2020
$27,513 (−1.0%)
$300,000 + $2,240,000
$2,540,000
2019
$27,801 (+3.8%)
$1,140,910 + $1,328,263
$2,469,173
2018
$26,778 (+1.9%)
$1,118,540 + $1,302,219
$2,420,759
2017
$26,276 (+1.1%)
$1,075,106 + $1,251,653
$2,326,759
2016
$26,002 (+2.0%)
$1,075,106 + $1,251,653
$2,326,759
2015
$25,483 (+32.5%)
$1,054,026 + $1,227,111
$2,281,137
2014
$19,235 (−0.5%)
$765,000 + $935,000
$1,700,000
2013
$19,328 (−0.2%)
$765,000 + $935,000
$1,700,000
2012
$19,365 (−13.0%)
$765,000 + $935,000
$1,700,000
2011
$22,251 (−8.5%)
$765,000 + $935,000
$1,700,000
2010
$24,317 (+1.3%)
$900,000 + $1,100,000
$2,000,000
2009
$24,017 (+2.2%)
$1,005,757 + $1,164,561
$2,170,318
2008
$23,488
$1,008,147 + $1,167,328
$2,175,475
Tax history for 488 Old County Rd
Year
Property tax
Land + Additions
Assessment*
2025
$34,213 (+3.2%)
$1,020,000 + $2,932,500
$3,952,500
2024
$33,165 (+0.3%)
$541,216 + $2,543,714
$3,084,930
2023
$33,065 (+1.8%)
$530,604 + $2,493,838
$3,024,442
2022
$32,489 (+16.2%)
$520,200 + $2,444,940
$2,965,140
2021
$27,952 (+1.6%)
$510,000 + $2,397,000
$2,907,000
2020
$27,513 (−1.0%)
$300,000 + $2,240,000
$2,540,000
2019
$27,801 (+3.8%)
$1,140,910 + $1,328,263
$2,469,173
2018
$26,778 (+1.9%)
$1,118,540 + $1,302,219
$2,420,759
2017
$26,276 (+1.1%)
$1,075,106 + $1,251,653
$2,326,759
2016
$26,002 (+2.0%)
$1,075,106 + $1,251,653
$2,326,759
2015
$25,483 (+32.5%)
$1,054,026 + $1,227,111
$2,281,137
2014
$19,235 (−0.5%)
$765,000 + $935,000
$1,700,000
2013
$19,328 (−0.2%)
$765,000 + $935,000
$1,700,000
2012
$19,365 (−13.0%)
$765,000 + $935,000
$1,700,000
2011
$22,251 (−8.5%)
$765,000 + $935,000
$1,700,000
2010
$24,317 (+1.3%)
$900,000 + $1,100,000
$2,000,000
2009
$24,017 (+2.2%)
$1,005,757 + $1,164,561
$2,170,318
2008
$23,488
$1,008,147 + $1,167,328
$2,175,475
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
—
Sq. Ft.
5,174
Year built
1979
Style
Single Family Residential
County
Placer County
APN
092100022000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
RES
Resort District
The resort district is applied to mountainous areas, water-oriented, or other areas with significant natural amenities and commercial recreational potential, with good access to major highways.
Perform a gas meter test for natural gas service at an exterior location.
Gas
Jun 16, 2015 • Final
Residential - full review
Perform interior demolition of a bathroom and kitchen sink in a residential unit.
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Covered Spaces: 2
Parking Features: Two, Attached, Detached, Parking Pad