$15,200,000 Active
8747 Lakeside Drive
Rubicon Bay, CA 96142
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
4 Beds
·
4.5 Baths
·
4,492 Sq Ft

About This Property

Discover lakeside luxury at this custom-crafted mountain lodge on Lake Tahoe’s prestigious West Shore. Nestled on a private, white sand beach, this estate offers rare lakefront access even during high water years, while being just steps from the exclusive homeowner's pier, providing both privacy and connectivity. Escape the hustle of daily life in this serene, one-of-a-kind sanctuary, set in a secluded sandy cove, naturally sheltered by rock jetties. Here, the beauty of Lake Tahoe is truly at its best. Crafted with superior attention to detail, this custom lodge embodies rustic elegance. The grand entrance, featuring walnut floors and vaulted ceilings with fir beams, immediately sets a tone of luxurious comfort. Every element, from materials to finishes, has been carefully chosen for both style and durability. This estate features four ensuite bedrooms, a cozy lakeside den with fireplace, a bunk room, family room, and an expansive great room perfect for gatherings. The gourmet kitchen, equipped with Viking stainless steel appliances and top-tier finishes, creates an ideal setting for cooking while enjoying breathtaking lake views. The great room is designed for relaxation, featuring a custom pewter bar from Portugal and a striking granite fireplace. Modern amenities such as a Lutron lighting system, in-floor hydronic heating, and custom hardware throughout further enhance the home's luxurious feel. The primary suite offers its own granite fireplace, spacious walk-in closet, and a spa-like bathroom with a soaking tub and separate shower, making it the perfect place to unwind and take in views of Lake Tahoe’s turquoise waters after a day of adventure. With four buoys (two permitted), you’ll have effortless access to all your water toys, right from your private beach. This property combines luxurious amenities with the warmth and charm of a true Tahoe retreat. Community Perks - As an optional member of the Rubicon Tahoe Owners HOA (RTO-South Beach), enjoy access to extra benefits like a shared pier, buoy rentals, a volleyball court, and water sports storage. This isn’t just a home; it’s a lasting legacy, where Tahoe’s natural beauty meets luxurious living. Schedule a private tour today and experience the magic of this remarkable estate.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20260930
Days on Market 1
Price/Sq Ft $3,384

Property History

May 21, 2026
Listed for sale
$15,200,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,492
Stories 2
Year Built 2008
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County El Dorado
STR Jurisdiction El Dorado County
APN 016-211-009
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,Rental History,High Speed Internet,Hot Tub
Lot Features Corner,Varies,Other
View Lake,Panoramic-Lake,Panoramic,Mountain
Construction Framed,Masonry,Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,Wood,CFAH,Hydronic,Radiant,In Floor
Water Source Buoy,Buoy Permitted,Other
HOA & Community
Community Amenities Beach Access,Boat Ramp
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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%

STR Investment Summary — 8747 Lakeside Drive, Rubicon Bay

Est. Annual Revenue
$619,164
Avg Nightly Rate
$5292
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 68 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Rubicon 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% ($3,040,000)
Home price
$15,200,000
Loan details
30-yr fixed, 6.5%
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