$1,000,000 Active
Hilo Avenue
Homewood, CA 96141
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.

About This Property

Prime Homewood Opportunity — FOUR Level Lots Surrounded by Forest & Privacy. A rare Westshore offering: four level lots positioned on a quiet dead end paper street, bordered on three sides by pristine greenbelt. From your door, stroll about a half mile through forest and meadow trails to a beautiful public sand beach — a true Tahoe lifestyle setting. These parcels offer exceptional flexibility. Create a private estate compound, design a luxury home with caretaker quarters and an ADU, plan a multi home family retreat, or configure spec homes for investment. Even a simple buy and hold strategy makes sense given the scarcity of land in Homewood. Located in an area already home to many of Tahoe’s finest estates, this property provides end of the road privacy and a blank canvas for your vision of luxury Westshore living. Opportunities like this seldom appear — and almost never with this level of setting, scale, and potential.

Listed by Jeff Hurst — Hurst Tahoe Associates

Listing Details

Status Active
MLS # 20260788
Days on Market 24

Property History

May 12, 2026
Listed for sale
$1,000,000
Property Overview
Lot Size 0.47 acres
Property Type Single Family Residence
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 098-167-008
Exterior & Lot
Lot Features Level
View Wooded,Meadow
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — Hilo Avenue, Homewood

Est. Annual Revenue
$41,999
Avg Nightly Rate
$276
Projected Occupancy
41.8%
Cap Rate
1.7%
Structural Score: 42 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Homewood. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($200,000)
Home price
$1,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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