$132,000 Active
1199 Carson Avenue
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. 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.
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About This Property

Located in the centrally located Tahoe Sierra neighborhood, 1199 Carson Avenue is a sunny corner lot offering a great opportunity to build a custom home in South Lake Tahoe. This 5,009 square foot lot features 30% coverage and a convenient in-town location close to shopping, dining, schools, and outdoor recreation.This property is located near the new bike path, providing easy access to miles of riding and walking trails. With a level setting and easy year-round access, this affordably priced lot offers a practical option for a future primary residence or mountain getaway.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142897
Days on Market 123
Sold Date 1800-01-01

Property History

May 13, 2026
Listed for sale
$132,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 · county record $130,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.12 acres
Property Type UnimprovedLand
Subdivision Tahoe Sierra 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031205008000
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 1,502 sq ft allowed
1,502 sq ft of coverage still available to add.
Parcel Size
5,006 sq ft
Allowed Coverage
1,502 sq ft · 30%
Existing Coverage
0 sq ft
Addable Coverage
1,502 sq ft
IPES Score
818.0
Land Capability · TRPA-verified
IPES

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. 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 ↗

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% ($26,400)
Home price
$132,000
Loan details
30-yr fixed, 6.5%
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