-
- Town
909
64%
$82,617
46.4%
America/Los_Angeles
96145
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Here in 'Dollar Point', we have a diverse tapestry of residents. Some have roots that run deep, their knowledge steeped in the rich history of our town. Others are students, dedicated to keeping us updated on school activities, while many are committed to sharing the ebb and flow of daily life.
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Dollar Point, CA - History
We would like to provide the residents of Dollar Point a basic history overview.
Welcome to the Dollar Point Home page. The Dollar Point Home page provides as much information as possible on Dollar Point. Knowing Dollar Point’s history is essential to guiding its future. Within Dollar Point’s Home page, you will also find Dollar Point’s Founders, Holiday, and Birthday sections.
Dollar Point has a population of 909. 47.3% of Dollar Point’s inhabitants are Male, and 52.7 are female. 57.4% of Dollar Point is married and 63.9% own their own home. The Average Home price is $702,025, and the average rent is $1,123. Household median income in Dollar Point is $82,617, and the individual median income is $47,083. Dollar Point’s Ethnic is the following: White(87.1%), Black(8.6%), Asian(2.5%), Hispanic(2.5%), Other(1.8%).
In 1884 the Glenbrook Mills logged 337 acres on a point on Lake Tahoe. In 1898 Lake Tahoe Railway and Transportation Company (D.L. Bliss) was formed and built 16 miles (26 km) of narrow gauge track into the area that became known as Dollar Point. Southern Pacific leased the track rights in 1925 and converted the tracks to Standard gauge in 1926, bought the property in 1933, and abandoned the tracks in 1943.
In 1916 Lora Josephine Knight bought the point. The land was originally part of an area called Chinquapin by the Washoe Indians. Robert Dollar purchased many properties such as the 1,436 acres in Rossmoor, California and in 1927 he purchased the area that had been called "Old Lousy", "the lousy point", and Observatory Point, from Lora Knight.
She became well known for building Vikingsholm Castle in 1929. She and her husband were also primary financial backers of Charles Lindbergh's non-stop solo flight across the Atlantic. Dollar Point is located within the Sierra Nevada Mountain Range on the Northwest corner of Lake Tahoe. Carnelian Bay is on the north side, Tahoe City to the south, and Tahoe National Forest and Burton Creek State Park extends along the entire east side.
State Route 28 is the only major highway access to the area and runs the length of the northwest boundary of Dollar Point. Dollar also purchased a react of land to the east of SR 28 that is now called Chinquapin development.
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