$329,000 Active
1506 Bonita 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

Rare opportunity to build your dream mountain retreat in one of South Lake Tahoe's most sought-after locations. Situated on a 10,027 square-foot lot near the base of Heavenly Ski Resort, this premium homesite offers beautiful views of the ski slopes and is just minutes from Heavenly Village, Ski Run Marina, Lake Tahoe's beaches, restaurants, shopping, and year-round recreation.Included with the property are plans for an impressive 3,040 square-foot custom home featuring four bedrooms, three and a half bathrooms, and a two-car garage. With very few buildable parcels remaining this close to Heavenly that offer enough coverage for a home of this size, this is an exceptional opportunity to create a custom mountain residence, luxury vacation home, or full-time Tahoe retreat in an unbeatable location.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143283
Sold Date 1800-01-01

Property History

Jul 30, 2026
Listed for sale
$329,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2024 · county record $275,000 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.

Property Overview
Lot Size 0.23 acres
Property Type UnimprovedLand
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028062004000
Exterior & Lot
View Mountain, Forest, Ski Resort, 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%

STR Investment Summary — 1506 Bonita Road, South Lake Tahoe

Est. Annual Revenue
$47,366
Avg Nightly Rate
$262
Projected Occupancy
49.7%
Cap Rate
5.8%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 2,010 sq ft allowed
2,010 sq ft of coverage still available to add.
Parcel Size
10,049 sq ft
Allowed Coverage
2,010 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
2,010 sq ft
IPES Score
840.0

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($65,800)
Home price
$329,000
Loan details
30-yr fixed, 6.5%
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