$255,000 Active
723 Cayuga Street
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

Your Dream Home Starts Here! Discover an exciting opportunity to own approximately 11,326 square feet of land in South Lake Tahoe and create a home designed specifically for you. If you've been searching for an affordable way to make Tahoe homeownership a reality, this property offers the space and potential to bring your vision to life. With an IPES score of 943 and approximately 29% allowable lot coverage, the parcel offers the potential for approximately 3,284 square feet of building area. That means plenty of room to envision a comfortable custom home, mountain retreat, or year-round residence tailored to your lifestyle. Why buy someone else's dream when you can build your own? Start with a blank canvas and create the Tahoe home you've always imagined designed around the way you want to live, entertain, relax, and enjoy the outdoors. Located in South Lake Tahoe, this property puts you close to the natural beauty and year-round recreation that make Tahoe such a special place to call home. Enjoy easy access to skiing, snowboarding, hiking, biking, boating, beaches, restaurants, entertainment, and everything the Tahoe lifestyle has to offer. A rare opportunity to purchase land, build new, and create something truly yours. Whether you're looking for a Tahoe dream home, custom build, vacation retreat, or long-term investment, this property deserves a closer look. 11,326 SF Lot | 943 IPES Score | Approx. 29% Coverage | Approx. 3,284 SF Potential Building AreaBring your ideas, your builder, and your dreams your Tahoe home starts with the land.

Listed by Shirley Russell — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143524
Days on Market 3
Sold Date 1800-01-01

Property History

Sep 23, 2026
Listed for sale
$255,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 · county record $249,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.26 acres
Property Type UnimprovedLand
County El Dorado
STR Jurisdiction El Dorado County
APN 033353020000
Exterior & Lot
View Mountain, Forest
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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

Room to build
145 sq ft covered of 561 sq ft allowed
416 sq ft of coverage still available to add.
Parcel Size
11,223 sq ft
Allowed Coverage
561 sq ft · 5%
Existing Coverage
145 sq ft · 1%
Addable Coverage
416 sq ft
IPES Score
943.0
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 ↗

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% ($51,000)
Home price
$255,000
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