$525,000 Active
1952 Apalachee Drive
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
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About This Property

Build your dream home on this exceptional 15,816-square-foot lot, offering beautiful views of Mt. Tallac, Pie Shop, Desolation Wilderness, and the Crystal Range. With Conservancy and U.S. Forest Service lots located below, beside, and behind the property, the setting provides the privacy, open space, and connection to nature that many buyers seek when building in Lake Tahoe. It is a short walk to the Upper Truckee River and meadow, and exceptional mountain biking and hiking trails are abundant throughout the neighborhood.An existing foundation is already in place and will require some upgrading, with a current estimate of approximately $35,000. The property also includes two sets of plans that may provide a valuable starting point for your future home.The original approved plans feature an approximately 3,322-square-foot residence with three bedrooms, a loft, a desirable floor plan, and an 852-square-foot garage. The primary bedroom is located on the main level, with two additional en suite bedrooms on the lower level. These plans would need to be updated and brought into compliance with current building codes.A second, more contemporary mountain-modern design has also been drafted and includes approximately 3,500 square feet, offering another option for creating a home that complements the setting and views.Six sewer units are included with the property. Based on current information, approximately $10,000-$15,000 in county permit fees will need to be paid to move forward with the project. Buyers are encouraged to independently verify all plans, approvals, fees, development requirements, and building costs with the appropriate agencies.Whether you choose to build from the original design or modern plans, or create an entirely new vision, opportunities like this are becoming increasingly rare. There simply are not many quality view lots remaining on the South Shore of Lake Tahoeand this is one of them.Come explore the possibilities and take the first step toward building your Tahoe dream home.

Listed by Rene Brejc — Ascent Property Group

Listing Details

Status Active
MLS # 143189
Sold Date 1800-01-01

Property History

Jul 17, 2026
Listed for sale
$525,000
Property Overview
Lot Size 0.36 acres
Property Type Land
County El Dorado
STR Jurisdiction El Dorado County
APN 033693007000
Exterior & Lot
View Mountain, Forest
📊

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 — 1952 Apalachee Drive, South Lake Tahoe

Est. Annual Revenue
$53,858
Avg Nightly Rate
$285
Projected Occupancy
51.7%
Cap Rate
4.1%
Structural Score: 52 / 100 (Standard) · STR Zone: Red

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 3,172 sq ft allowed
3,172 sq ft of coverage still available to add.
Parcel Size
15,858 sq ft
Allowed Coverage
3,172 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
3,172 sq ft
IPES Score
830.0

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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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