$998,000 Active
1975 Daggett Court
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, so availability varies. Verify current permit availability before counting on rental income.

About This Property

One of the last remaining buildable waterfront parcels in the Tahoe Keys, South Lake Tahoe's premier private boating enclave. Located deep within the Keys with excellent water, all-day sun, underground utilities and quick access to the main channel, this flat, surveyed, tree-free lot offers an exceptionally rare opportunity to build new on the water. The future home should capture lake views, with potential filtered views of Mt. Tallac, Jake's Peak, Heavenly and Freel Peak. A rooftop deck could further enhance the setting and create panoramic lake and mountain-view opportunities. Tahoe Keys' blanket 30% coverage allowance provides 1,442 sf of base coverage based on approximately 4,807 sf of land above the high water mark, with the ability to purchase up to 1,800 sf maximum coverage at relatively low cost, plus the ability to take advantage of high land capability coverage exemptions. Enjoy private beaches, indoor and outdoor pools, tennis, pickleball, basketball, security, a dog park and miles of protected waterways, with your boat and lake toys right in your backyard. Just a short walk to Pope Marsh and the Lighthouse Shores beach access, this is one of the final chances to create a brand-new waterfront home in the Tahoe Keys.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 143067
Days on Market 1
Sold Date 1800-01-01

Property History

Jun 16, 2026
Listed for sale
$998,000
Property Overview
Lot Size 0.15 acres
Property Type Land
Subdivision Tahoe Keys Units 5
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022311016000
Exterior & Lot
View Canal,Lake,Mountain,Forest,Meadow,Ski Resort
Financial
HOA Fee $1,510 / Quarterly
HOA / Community South Tahoe Association of Realtors
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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% ($199,600)
Home price
$998,000
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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