$1,188,000 Active
804 Us Highway 50
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.
8 Beds
·
4.5 Baths
·
3,615 Sq Ft

About This Property

Gateway property at the entrance to South Lake Tahoe, California. 3,615 square feet, 8 bedrooms, 4.5 bathrooms across two stories on a 1.44-acre lot with Upper Truckee River frontage. Ideal for contractor housing, builder headquarters, or workforce lodging opportunity. Located directly on Highway 50 in the Meyers gateway, 804 US Highway 50 offers a rare combination of existing housing infrastructure, trade-friendly site utility, public water and sewer, river frontage, and direct exposure on one of the busiest entry corridors into the Tahoe Basin. The building layout is already solved for a trades operator, general contractor, or hospitality employer. 8 bedrooms, 4 full bathrooms, and a half bath across 3,615 square feet translate into 8-plus bunks without moving a wall. The detached garage with loft above provides a front-of-house office, project manager suite, or dedicated workspace separate from the housing footprint. The flat 1.44-acre lot holds equipment, trailers, and service trucks, with room for trade storage or future build-out. The parcel sits in the Meyers Recreation District (MAP-4) under the 2018 Meyers Area Plan, a zoning designation purpose-built for recreation and service uses at the gateway to the Tahoe Basin. Permitted and conditional uses include employee housing, local public health and safety facilities, amusement and recreation services, group facilities, developed campgrounds, RV parks, recreation centers, visitor information centers, and cultural facilities. The existing 8-bedroom configuration is an immediate fit for workforce or contractor housing, one of the most structurally undersupplied asset types in the South Lake Tahoe market today. 804 US Highway 50 is one of the first private parcels a buyer sees entering South Lake Tahoe from the Meyers gateway, directly on the scenic Highway 50 corridor, the busiest entry point into the Tahoe Basin. The rear of the lot drops to the Upper Truckee River with mature pine cover and immediate access to National Forest trail networks. The property sits adjacent to Lake Tahoe KOA Journey campground and within the Meyers Recreation district. Signage and brand visibility from this stretch of Highway 50 are difficult to replicate. This is a full-daylight storefront for any owner-operator whose business depends on exposure. The combination of acreage, building footprint, river frontage, and gateway Highway 50 visibility on this corridor is extremely rare.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142885
Sold Date 1800-01-01
Price/Sq Ft $329

Property History

May 10, 2026
Listed for sale
$1,188,000
Property Overview
Beds 8
Baths 4.5
Sq. Ft. 3,615
Lot Size 1.44 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
Style Contemporary
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 035010032000
Parking
Garage Spaces 4
Parking Features 4.00
Attached Garage Yes
Exterior & Lot
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Asphalt,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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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%

STR Investment Summary — 804 Us Highway 50, South Lake Tahoe

Est. Annual Revenue
$231,307
Avg Nightly Rate
$2096
Projected Occupancy
31.1%
Cap Rate
7.8%
Structural Score: 64 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($237,600)
Home price
$1,188,000
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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