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.