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Dollar Point

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Just east of Tahoe City are Lake Forest, Dollar Point, and The Highlands. These peaceful neighborhoods with wide streets are home to many year-round residents and have middle and high schools close by. Many properties have lake views.

Dollar Point is a highly desirable neighborhood on the North Shore. Owners have access to their own homeowner’s association swimming pool, tennis courts, sandy beach, pier, and buoy field.

Lake Forest homes are primarily older cabins and single-family homes, some with recent upgrades.

The Highlands have a suburban feel. Homes here are well-maintained and many are either newer or many have recently been completely remodeled.

These neighborhoods enjoy close proximity to dining and shopping in Tahoe City. There is even a bike path from Dollar Point to Tahoe City. Three of Tahoe’s world-class ski resorts are just a short drive away.

Dollar Point Homes for Sale

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This striking Lakeview home at 3748 Terrace stands This striking Lakeview home at 3748 Terrace stands out with its architectural charm and unique design, enhanced by forest service lots in the front and back for added privacy and filtered views of Lake Tahoe and Heavenly’s iconic face. Inside, a welcoming foyer opens to a light-filled great room with 10-foot open-beam ceilings, floor-to-ceiling windows, a cozy sitting nook, space for billiards, and a freestanding gas fireplace. A second living area adds warmth and casual elegance, featuring a wood-burning stove, newly installed French Oak floors, and bright, refreshed finishes. The modern kitchen blends sleek design with functionality, flowing effortlessly to both indoor and outdoor dining areas. Entertain beneath the pines on the spacious deck with hot tub or gather around the fire pit on the stone patio below. The private primary suite occupies its own wing with a generous layout and a dedicated deck showcasing views of Mt. Tallac. The flexible lower level offers potential for a separate living area, complete with a secondary kitchen and ample storage—ideal for guests or a future ADU. Compass® DRE# CA 01485376 | NV 0191477

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Ryan Smith will be hosting two of my listings open Ryan Smith will be hosting two of my listings open tomorrow, Saturday May 10th! 
🏡  616 Tata Ln from 1pm-4p. This one-of-a-kind property offers a rare opportunity to own a classic cabin on a sprawling 0.91-acre lot - four lots wide - in the highly regarded Gardner Mountain neighborhood. 
🏡 3748 Terrace Dr from 10am-12p. Architectural interest and unique design give this Lakeview Terrace home standout curb appeal, framed by forest service lots at the front and rear for exceptional privacy and filtered views of Lake Tahoe and the iconic face of Heavenly. Compass® DRE# CA 01485376 | NV 0191477
Compass announced our first quarter 2025 earnings Compass announced our first quarter 2025 earnings results today. Compass agents closed $52.4 billion in sales volume and 49,121 transactions, an increase of 27.8% year-over-year, while transactions for the overall market decreased by 2.1% – meaning Compass outgrew the market by roughly 30%. Compass also grew quarterly market share to 6.0%, up 1.25% year-over-year, the highest increase in 15 quarters. Notably, nearly half of homeowners who listed with Compass in Q1 (excluding Washington State) chose to list their home using the Compass 3-Phased Price Discovery and Marketing Strategy, showing that homeowners want more choice, not less. Compass® DRE# CA 01485376 | NV 0191477
Brand new listing at 616 Tata Ln! This rare Gardne Brand new listing at 616 Tata Ln! This rare Gardner Mountain gem offers a classic cabin on nearly an acre—four lots wide—just 200 feet from National Forest trails leading to Fallen Leaf Lake and Tahoe’s best beaches. Tucked in a peaceful, fully fenced setting, yet minutes from shops and dining, this storybook cabin features cedar siding, a redwood deck, and timeless charm. Inside, enjoy vaulted ceilings, pine paneling, solid oak floors, and a cozy wood stove. The spacious layout includes a main-level bedroom, loft, and full bath, plus a kitchen with red cabinetry and a garden window. With three outbuildings and level topography, there's room to grow—build, expand, or simply enjoy the space and serenity. Offered at $750,000. Compass® DRE# CA 01485376 | NV 0191477
New land listing at 686 Cayuga St! Opportunities t New land listing at 686 Cayuga St! Opportunities to build from the ground up in South Lake Tahoe are becoming increasingly rareand this parcel stands out for its exceptional setting and development potential. Surrounded by six U.S. Forest Service lotsthree to the left, one to the right, and two more positioned front and rearthis location offers uncommon privacy and a true sense of space. With 140 feet of depth, level topography, and a nearly perfect IPES score of 996, the lot boasts 30% maximum coverage and additional allowances for decking and a pervious driveway. That means fewer limitations, more flexibility, and greater value for your build. The light tree cover offers just enough shade while preserving excellent natural light, especially with the Southern exposure off the back of the property. Filtered mountain views add to the appeal, providing an inspiring backdrop for your future home. Whether you're envisioning a full-time residence, vacation escape, or long-term investment, this is a rare blank canvas in a peaceful Tahoe setting with development advantages hard to find elsewhere. Offered at $288,000. Compass® DRE# CA 01485376 | NV 0191477

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Questions about the market? Wondering what your home is worth? We're here for all your real estate needs, just a message away!!!

Mark Salmon
(530) 318-7637 Cell
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Compass California, Inc.
2028 Lake Tahoe Blvd.
So Lake Tahoe, CA 96150

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Mark SalmonLake Tahoe REALTOR®

(530) 318-7637|Contact Mark|2028 Lake Tahoe Blvd., So Lake Tahoe, CA 96150
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DRE# 01485376, NV Lic# S.191477   •   sitemap   •   admin   •   Copyright ©2025  •  Real Estate Website Design opens in new window by IDXCentral.com

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

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