$125,000 Active
1607 Southern Pines Drive
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
Virtual Tour

Get homes like this by email

When a home like this lists in South Lake Tahoe at a similar price and size, we email you the same day. No account needed.

About This Property

A rare opportunity awaits at 1607 Southern Pines, a 17,700 sq. ft. lot in a prime South Lake Tahoe location. With an IPES score of 492 and 1% land coverage, this spacious parcel offers ample flexibility for designing your dream mountain retreat. What truly sets this property apart is the assigned Residential Unit of Use (RUU)allowing the new owner to build immediately without waiting for a building allocation from El Dorado County. In a market where construction-ready lots are hard to come by, this is a unique chance to break ground right away and create a custom home in one of Tahoe's most sought-after areas. Whether you're a builder, investor, or future homeowner, this lot presents an unbeatable combination of location, size, and immediate development potential. Don't miss out on this exceptional offering. The adjacent lot (1346 Thunderbird) is also for sale if you would like even more space for your future retreat.

Listed by Karen Grant — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142940
Days on Market 147

Property History

May 19, 2026
Listed for sale
$125,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2021 · county record $60,000 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 0.41 acres
Property Type Land
County El Dorado
STR Jurisdiction El Dorado County
APN 033744001000
Exterior & Lot
View Mountain
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 3,538 sq ft allowed
3,538 sq ft of coverage still available to add.
Parcel Size
17,688 sq ft
Allowed Coverage
3,538 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
3,538 sq ft
IPES Score
492.0
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 ↗ 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

$746 per month
Principal & interest
$632/mo
Property taxes
$114/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% ($25,000)
Home price
$125,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message