$275,000 Active
1 Foothill Road
Markleeville, CA 96120
STR Status Unknown

About This Property

This is a beautiful parcel of land offering superb, unobstructed views of the Sierra Nevada Mountains and breathtaking scenery in every direction. Located as the first lot when crossing from Nevada into California on Foothill Road, the property offers a private and peaceful setting. BLM land lies directly behind the parcel, then CA Fish & Game land and then the expansive Toiyabe National Forest land creating a rare sense of openness and long-term privacy. This area is a haven for hikers, equestrians and outdoor enthusiasts of all kinds. The property is ideally situated near Lake Tahoe, the Carson Valley for convenient amenities, and the natural beauty of Alpine County with its mountain lakes, rivers and world-class ski resorts. This is a unique opportunity and a rare find in an exceptional location!

Listed by Teddy McKone — Intero

Listing Details

Status Active
MLS # 260000146
Days on Market 150

Property History

Jan 06, 2026
Listed for sale
$275,000
Property Overview
Lot Size 4.51 acres
Property Type Land
APN 001-010-019-000
Exterior & Lot
Lot Features Adjoins BLM/BIA Land
View Mountain(s), Valley
Financial
Annual Tax $2,219
Schools
Elementary School Diamond Valley
Middle School Diamond Valley
High School Douglas
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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%

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% ($55,000)
Home price
$275,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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