$400,000 Active
9919 Pelican Drive
Kings Beach, CA 96143
✓ 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

9919 Pelican Drive presents a rare opportunity to create your own Tahoe retreat. Even more compelling, the neighboring home at 9923 Pelican Drive is also available, offering the chance to own both properties and enjoy additional space, privacy, and endless possibilities. Build your dream home on the vacant lot while keeping the charming cabin as a guest house, create a private family compound, or simply preserve the extra open space next door. The location is hard to beat, with easy access to Speedboat Beach, the restaurants, shopping, casinos, and entertainment of Stateline, as well as the beaches, dining, and amenities of Kings Beach. Tucked down a long private driveway, the neighboring cabin at 9923 Pelican Drive is a classic Tahoe retreat full of mountain charm and character. Its secluded setting offers exceptional privacy, generous off-street parking, a spacious backyard, and a large rear patio perfect for relaxing, entertaining, or enjoying peaceful afternoons beneath the pines. Together, these two properties create an exceptional opportunity to own a truly special slice of Lake Tahoe.

Listed by Linda Granger — Christie's Int'l R.E. Sereno

Listing Details

Status Active
MLS # 20261633

Property History

Aug 04, 2026
Listed for sale
$400,000
Property Overview
Lot Size 0.12 acres
Property Type UnimprovedLand
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 09030501100
Exterior & Lot
Lot Features STREET
View Trees/Woods
📊

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 — 9919 Pelican Drive, Kings Beach

Est. Annual Revenue
$49,973
Avg Nightly Rate
$269
Projected Occupancy
51.0%
Cap Rate
5.0%
Structural Score: 43 / 100 (Standard) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 1,063 sq ft allowed
1,063 sq ft of coverage still available to add.
Parcel Size
5,315 sq ft
Allowed Coverage
1,063 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
1,063 sq ft
IPES Score
595.0
Land Capability
IPES

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message