$285,000 Active
1022 Fairway Avenue
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.

Our data on this home

About This Property

Owner bridge financing available, call for details!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 # 143624
Days on Market 1

Property History

Nov 04, 2026
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

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Above base allowance
5,665 sq ft covered of 75 sq ft allowed
Existing coverage is above the base allowance for this parcel's verified land class. Coverage built before TRPA's rules is often legally existing; adding more typically means removing or transferring coverage.
Parcel Size
7,536 sq ft
Allowed Coverage · verified
75 sq ft · 1%
Existing Coverage · est.
5,665 sq ft · 75%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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 ↗ How the Basin compares

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

$1,701 per month
Principal & interest
$1,441/mo
Property taxes
$260/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($57,000)
Home price
$285,000
Loan details
30-yr fixed, 6.5%
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