$278,000 Active
1258 Emerald Bay Road
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
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About This Property

One-acre level lot nestled in the heart of South Lake Tahoe, where opportunity meets potential in one of California's most coveted destinations. This parcel offers a blank canvas for visionary developers and investors seeking their next venture with Highway 50 frontage.The generous lot size provides ample space for various development possibilities, from multi-family to mixed-use projects and commercial enterprises. The level terrain eliminates costly grading concerns, making construction planning straightforward and budget-friendly.Location truly makes all the difference here. Positioned just minutes from the bustling shopping hub at the Y, you'll enjoy convenient access to dining, retail, and essential services. The crystal-clear waters of Lake Tahoe beckon nearby, offering year-round recreation from swimming and boating in summer to stunning winter vistas. Heavenly Ski Resort's world-class slopes are practically at your doorstep, ensuring this area remains a magnet for tourists and residents alike.The Tahoe Valley Plan Area designation opens doors to creative development solutions that can maximize both functionality and profitability.Behind this vacant property is a duplex owned by the same sellers that is also for sale, creating an opportunity to have 2 full acres and additional development opportunities.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143378
Sold Date 1800-01-01

Property History

Aug 19, 2026
Listed for sale
$278,000
Property Overview
Lot Size 1.00 acres
Property Type UnimprovedLand
Subdivision W D Barton Tr
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032151005000
Exterior & Lot
View Forest
Utilities & Systems
Heating None
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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 10,937 sq ft allowed
10,937 sq ft of coverage still available to add.
Parcel Size
43,747 sq ft
Allowed Coverage
10,937 sq ft · 25%
Existing Coverage
0 sq ft
Addable Coverage
10,937 sq ft
IPES Score
1034.0
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% ($55,600)
Home price
$278,000
Loan details
30-yr fixed, 6.5%
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