$285,000
Active
1022 Fairway Avenue
South Lake Tahoe, CA 96150
✗ STR Not Allowed
About This Property
1022 Fairway provides a unique opportunity to purchase a vacant commercial lot with 6,300sf of verified existing coverage. Located just steps from the shores of Lake Tahoe, and moments from local recreation, and other area businesses. The Bijou/ Al Tahoe community plan provides amazing potential to develop a variety of residential, tourist accommodation, and or commercial uses. Permits were issued in 2022 for a ghost kitchen with 2 residential short term rentals above. Buyer to independently verify all building allowances and restrictions. Contact agent for additional details.
Listed by Michael Keller — Keller Properties
Listing Details
Status
Active
MLS #
142370
Days on Market
183
Sold Date
1800-01-01
Property History
Dec 04, 2025
Listed for sale
$285,000
Property Overview
Lot Size
0.17 acres
Property Type
UnimprovedLand
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
027090011000
Exterior & Lot
View
Ski Resort
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% ($57,000)
Home price
$285,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
