$899,000 Active
4273 Saddle 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

Build Your Dream Home This Summer! Plans for a new build on a spectacular Lake Tahoe and Sierra Nevada mountains view parcel near the base of Heavenly Ski Resort. This 4 story, 3,771 Sq Ft, 5 to 6 bedroom home to be built on a 0.39 acre parcel is already approved by the Tahoe Regional Planning Agency. Expected to be fully permitted by the City of South Lake Tahoe May 2026 so you can break ground June 2026.Architectural plans by Natalia Wieczorek of BFD/Key Architecture include:First floor large entry hall with half bath, ski closet, elevator, and stairwell, 2 car garage and 2 car carport.Second floor with 3 to 4 bedrooms (depending on how large you want your family room to be), wheelchair accessible bedroom with ensuite bathroom, two more bathrooms, wrap around deck.Third floor with kitchen designed for entertaining with stunning views, laundry room/pantry, great room/living room with fireplace framed by windows, another bedroom and full bathroom, a panoramic view 800 square foot deck (not included in the square footage of the house).Fourth floor primary suite with office/loft, private bedroom with fireplace, walk-in closet, large bathroom with second on-demand water heater, private deck with magnificent mountain and lake views, and bridge walkway to the heights of the land!Lake Tahoe Views galore: Most of the lake is visible from this South Lake Tahoe location. Fully Entitled: Coverage already purchased and banked on the land; Allocation already obtained; Architectural, Engineering, Soils, Survey, Elevations, Structural, Solar, Electrical, Mechanical, Fire Sprinkler and Plumbing Plans all approved and permitted. This represents years of work already accomplished! Enjoy sunsets and moonsets over the prettiest alpine lake in the world. Star gaze by night, ski by day. Enjoy the lake and mountains all four seasons. Basking in sunshine, this southwest facing parcel is flanked by US Forest Service lots. This fully entitled parcel with mountain modern home plan and breathtaking Lake Tahoe view is shovel ready! The buyer and the buyer's agent are responsible for conducting thorough due diligence on the property's characteristics. The seller and the seller's agent consider the information provided to be dependable, though it is not guaranteed. Property lines in photos are approximate.

Listed by Nicole Zaborsky — Ascent Property Group

Listing Details

Status Active
MLS # 142662
Days on Market 66
Sold Date 1800-01-01

Property History

Mar 31, 2026
Listed for sale
$899,000
Property Overview
Lot Size 0.39 acres
Property Type Land
County El Dorado
STR Jurisdiction El Dorado County
APN 028161014000
Exterior & Lot
View Lake, Mountain, Forest, Ski Resort
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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% ($179,800)
Home price
$899,000
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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