$124,000
$189,000
↓ $65,000 reduced
Active
2255 Blitzen Road
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.
About This Property
Great corner lot with high IPES score and 25% coverage. The adjacent parcel is also available for sale. (Potential to combine the lots for a larger home.) 15 minutes to Sierra At Tahoe or Heavenly Ski Resort & 35 minutes to Kirkwood.
Listed by Adele Lucas — Chase International - South Lake Tahoe
Listing Details
Status
Active
MLS #
141270
Days on Market
500
Sold Date
1800-01-01
Property History
Mar 07, 2025
Listed for sale
$124,000
Jul 01, 2026
Price changed
$124,000
Property Overview
Lot Size
0.18 acres
Property Type
Land
Subdivision
Tahoe Paradise 52
County
El Dorado
STR Jurisdiction
El Dorado County
APN
035234001000
Exterior & Lot
View
Mountain,Forest
Financial
HOA / Community
South Tahoe Association of Realtors
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%
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
0 sq ft covered
of 2,012 sq ft allowed
2,012 sq ft of coverage still available to add.
Parcel Size
8,046 sq ft
Allowed Coverage
2,012 sq ft · 25%
Existing Coverage
0 sq ft
Addable Coverage
2,012 sq ft
IPES Score
858.0
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% ($24,800)
Home price
$124,000
Loan details
30-yr fixed, 6.5%
