$259,000 Active
1311 Gilmore Lake Road
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
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About This Property

Discover the perfect canvas for your dream home at 1311 Gilmore Lake Rd, a pristine vacant lot situated in the heart of South Lake Tahoe's desirable Bijou area. This 8,276 square foot parcel offers a wonderful balance of natural beauty and convenient access to local amenities, making it an ideal spot for both relaxation and adventure.Enjoy the serene surroundings with filtered mountain views and ample sunlight, perfect for those who appreciate outdoor beauty. The lot's level terrain ensures ease in construction and flexibility in design, complemented by a generous 30% coverage allowance to build your custom retreat.Strategically positioned, this property is merely moments away from the exhilarating slopes of Heavenly Ski Resort, the tranquil shores of Lake Tahoe, and the Bijou public golf course. The neighborhood is characterized by newer, well-maintained homes, enhancing the appeal and value of your potential residence.Whether you envision a cozy mountain getaway or a substantial year-round home, this lot serves as a blank slate for bringing your architectural visions to life. Additionally, the adjacent lot at 1310 Susie Lake Rd is also available for sale, offering a rare opportunity to expand your estate with a sizeable street-to-street property.Take advantage of this exceptional offering in a sought-after location where leisure activities and natural beauty abound. Build your future in South Lake Tahoe and enjoy a lifestyle filled with skiing, golfing, and lakeside sunsets. Don't miss out on the chance to own a piece of this vibrant community. Secure your slice of paradise at 1311 Gilmore Lake Rd.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142652
Days on Market 68
Sold Date 1800-01-01

Property History

Mar 29, 2026
Listed for sale
$259,000
Property Overview
Lot Size 0.19 acres
Property Type UnimprovedLand
Subdivision Bijou Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025292006000
Exterior & Lot
View Mountain, Filtered
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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%

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% ($51,800)
Home price
$259,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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