$3,500,000 Active
2117 Cascade 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.
4 Beds
·
2.0 Baths
·
1,381 Sq Ft

About This Property

The stunning lakefront canvas is yours. The views are forever.Set within the exclusive gated enclave of Cascade Properties, 2117 Cascade Road offers a truly exceptional opportunity to own and shape one of Lake Tahoe's most distinctive lakefront settings.Situated on .92 acres with approximately 99 feet of private shoreline, the property combines rare privacy, dramatic natural beauty, and direct access to the lake. A permitted buoy provides convenient boating access, while a shared HOA pier, available to members of the pier group, further enhances the waterfront experience.The existing 1,381-square-foot architecturally designed lakefront lodge allows you to enjoy the property immediately while considering the possibilities for the future. Use the home as a private retreat, preserve its intimate character, or begin planning a custom estate designed around the 6,260 sq ft of allowable coverage, panoramic lake views and remarkable setting.From quiet mornings along the shoreline to afternoons on the water and evenings framed by unforgettable sunsets, this is a property meant to be experienced. Opportunities with this combination of acreage, shoreline, privacy, boating access, and future potential are increasingly difficult to find.Arrange your private tour and imagine what could be created on one of Lake Tahoe's most unique lakefront properties.

Listed by Debra Howard — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143151
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $2,534

Property History

Jul 02, 2026
Listed for sale
$3,500,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,381
Lot Size 0.92 acres
Year Built 1976
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Cascade Prop
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 018291018000
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Lake Front, Adjacent to Forest, Water Front
View Mountains, Lake, Forest, Ski Resort
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Financial
HOA Fee $2,000 / Annually
HOA & Community
Community Amenities Pier
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$176,202 ($121K – $289K range)
~$14,684 per month
Avg Nightly
$1506
Occupancy
32%
Cap Rate
2.0%

STR Investment Summary — 2117 Cascade Road, South Lake Tahoe

Est. Gross Annual Revenue
$176,202
Avg Nightly Rate
$1506
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
6,235 sq ft covered of 398 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
40,134 sq ft
Allowed Coverage
398 sq ft · 1%
Existing Coverage
6,235 sq ft · 16%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1b
Existing Units
1

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 ↗

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% ($700,000)
Home price
$3,500,000
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