Hiking, etc.: Here are some of your best bang for the bucks (views without extreme climbs). It's a good idea to get a detailed Lake wide trail map like Tom Harrison's Lake Tahoe and Tahoe Rim Trail Recreation map too to use for the week:
- Start at Tahoe meadows up by Mt. Rose. Climb up shortly to the Tahoe Rim Trail, heading South on the TRT. Nice views of Lake plus to the east in Nevada.
- A new alternative nearby to that is the Incline Flume trail, off highway 267 (the Mt. Rose Highway from Incline). This is a 6 mile, mostly flat (until the last half mile) trail with great views after a mile or two that also crosses part of Diamond Peak ski area and connects with Tunnel Creek dirt road. That's the one you have to hike up steeply to get to the original Flume trail that Islander7 mentioned. The Incline Flume section is newly christened, with a new land donation right of way, and isn't yet marked at the start as of a few weeks ago. You park in a paved pulloff on the left about a half mile after you pass a large hairpin turn with a viewpoint pullover going up from Incline. The trailhead's across the road from that. Great trail, and now that it connects with the original Flume, it's possible to hike or bike it all the way to Spooner Lake (that's a 25 mile one way trip, better for bikes though but highly scenic).
- Also, Islander's idea of hiking part of the Rubicon trail and on to Vikingsholm is a great day trip. (Why wouldn't it be, when I made vikingsholm my user handle, heh heh).
- Ellis Peak from up high on Barker Pass road south of Tahoe City is a few miles long, and a bit of a climb but with great lake views.
- Here's one I'd recommend to anybody: Hike up to the top of Eagle Rock right off Hwy 89 near Homewood (only about a mile hike gradually uphill to great views). Plan it for late afternoon, then stop at the Westshore Cafe & Inn across the road from Homewood for happy hour on a patio with a great view. Then mosey up to the Sunnyside Cafe a few miles north toward Tahoe City, and have a dinner with a lake view either on the patio or inside the nice large restaurant. Don't forget the Hula Pie for dessert. These are 2 of the best lakeview restaurant/bars on the Lake.
- From the east side of the lake a ways south of Sand Harbor, hike down to Chimney Beach from a forest service parking area, only about a half mile. Then it's a glorious stretch of path just above the beach line along the coast towards Secret Cove.
- Renting a bike in Tahoe City and riding along the river path to Squaw Valley is a good half day trip too.
- Fallen Leaf lake on the south side of the Lake has kayak rentals on that beautiful lake from the resort at the end of the road. Sand Harbor's a great scenic spot to rent a kayak or just hang out too.
Some other restaurants:
- The Log Cabin Cafe in King's Beach, or Marty's in Truckee for breakfast or brunch.
- The Lone Eagle Grille at the Hyatt Incline on the beach is great for happy hour. Restaurant there is very expensive, but drinks with an unbeatable view works for us.
- The restaurant at the Ritz nearby at Northstar is a fine place. Ate there when they had a top chef, don't know how it is lately, but stop to tour the Ritz briefly at least.
- Big Water Grille on the road up to Diamond Peak in Incline has a good happy hour drinks and food, and is up the hill a bit for filtered lake views.
- Bite American Tapas right in Incline is some of the best food in the vicinity.
Microbreweries:
- Alibi Ale Works in Incline
- Fifty Fifty brewery in Truckee
- Tahoe Mountain Brewery in Tahoe City
...but my favorites are in South Lake Tahoe. If you go there, they have at least 7 craft brewpubs that brew their own beer, all of which are pretty unique, though fairly small.
The best beer at the Lake IMO is at South Lake Brewing, near the Y junction of Hwy 50 and 89 (but at the other end of the lake from your stay). A few blocks from there is the most unique one, Tahoe AleWorx. They have 15-20 taps on the wall that you pour yourself however much you want, after an electronic swipe that registers how much you pour each time. Right next door to them is the Tahoe Pourhouse, which does the same thing with wines. In between them is a good sized patio with a bandstand for occasional musical acts.
We go to Tahoe a lot, so this is just a sampling, but some of the suggestions I'd make based on what you said you want to do.
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