$22,000,000
255 Drum Road
Meeks Bay, CA 96142
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
4 Beds
·
5.5 Baths
·
4,095 Sq Ft
Virtual Tour

About This Property

A Rare New Lakefront Estate on Tahoe's West Shore Experience the pinnacle of Tahoe living with this under construction lakefront residence4,095 sq. ft. of refined design set on a one-acre estate parcel with coveted southern exposure. From nearly every room, walls of glass frame sweeping views of the lake and the snow-capped Sierra, creating a living experience that feels both expansive and intimately connected to nature. The estate unfolds with 100 feet of private frontage, a buoy,and adjoining pier access for loading and tie-up. At the shoreline, a charming 295 sq. ft. cabana with full bath and generous deck invites afternoons by the water, spontaneous summer camp outs,'' or simply quiet moments in the glow of sunset.Elevated Design for Living and Entertaining The main level offers a graceful entry into a lakeview gallery with four private suites, including a serene primary retreat. A broad, sun-soaked deck runs along this level, perfect for coffee at dawn or cocktails at dusk. On the lower level, generous gathering spaces encourage togetherness: a well-appointed kitchen with statement pantry and fireplace opens onto a central courtyard, anchored by an outdoor hearth. A wine room and lakeview living room extend the flow for entertaining, while tucked-away decks provide intimate corners for reading or reflection. A Life at the Water's Edge Stone steps descend through landscaped terraces to the shoreline, where smooth granite boulders meet the clear, deep waters of Tahoe. From here, it's an easy stroll to the pier, where your boat is ready to launch you into days of exploration and evenings of starlit cruises. The Best of Tahoe at Your Doorstep This private haven is located just south ofSugar Pine Point State Park, with miles of hiking and forest to explore. Tahoma's local market and eateries are minutes away, while Homewood Ski Resortcelebrated for panoramic ski-with-a-view terrainis just up the road, along with the iconicSwiss Lakewood Restaurant. A detached two-car garage option completes the estate, with the upper portion is also accessible from Drum Road offering potential for a guest house, sport court, or expanded parking. This is more than a homeit's an estate that embraces Tahoe's timeless beauty and invites a legacy of memories for generations to come.

Listed by Katrine Watson — Katrine Watson

Listing Details

Status Active
MLS # 142195
Days on Market 223
Sold Date 1800-01-01
Price/Sq Ft $5,372

Property History

Aug 22, 2025
Listed for sale
$22,000,000
Property Overview
Beds 4
Baths 5.5
Sq. Ft. 4,095
Lot Size 1.07 acres
Stories 2
Year Built 2025
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 016300062000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Lake Front
View Mountains,Lake
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 255 Drum Road, Meeks Bay

Est. Annual Revenue
$756,756
Avg Nightly Rate
$6468
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 80 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for Meeks Bay. 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($4,400,000)
Home price
$22,000,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444