About This Property
Includes membership to the coveted Rubicon Tahoe Owners Assoc. with two piers, beaches, and a buoy fields. This visually attractive fully furnished move-in ready home is well sited on the 1/3rd acre parcel and the homesite backs to Lonely Gulch Creek, Plus it is surrounded by National forest land. The cabin is in overall excellent upgraded and well maintained condition. The floor plan is functional & the natural ambient light is good. During the summer months, the large outdoor deck to the rear and the side of house expands the effective use of the home with both indoor and outdoor living. The design of the house lends itself to easy maintenance and upkeep. Having affordable access to a buoy on Lake Tahoe for your boat has become a very coveted affordable amenity.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2003 · county record | $477,000 | 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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 8861 Glen Drive, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Building Permit History
Placer County permit records for this parcel
No building permits on file with Placer County for this parcel.
Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
