$139,000 Active Under Contract
2520 Blitzen Road
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.

About This Property

A great opportunity in Christmas Valley, this level parcel backs to Forest Service land and sits just steps from the Upper Truckee River. With 30% coverage and an excellent 978 IPES score per TRPA, the lot offers strong building potential for your future Tahoe home. Enjoy a peaceful setting with hiking, biking, fishing, skiing, and miles of outdoor recreation right nearby. A beautiful mountain location, an easy-to-build homesite, and a great value in one of South Lake Tahoe's most scenic areas.

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

Listing Details

Status Active Under Contract
MLS # 143359
Days on Market 47

Property History

Aug 14, 2026
Listed for sale
$139,000
Sep 14, 2026
Pending
$139,000
Property Overview
Lot Size 0.16 acres
Property Type UnimprovedLand
Subdivision Tahoe Paradise 54
County El Dorado
STR Jurisdiction El Dorado County
APN 035251009000
Exterior & Lot
View Mountain, Forest
Utilities & Systems
Heating None
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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~— per month
Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
322 sq ft covered of 1,747 sq ft allowed
1,424 sq ft of coverage still available to add.
Parcel Size
6,987 sq ft
Allowed Coverage
1,747 sq ft · 25%
Existing Coverage
322 sq ft · 5%
Addable Coverage
1,424 sq ft
IPES Score
929.0
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

$830 per month
Principal & interest
$703/mo
Property taxes
$127/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% ($27,800)
Home price
$139,000
Loan details
30-yr fixed, 6.5%
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