$165,500 Active
972 Shakori Drive
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.
Virtual Tour

About This Property

Discover the perfect canvas for your dream home on this stunning level corner lot in the desirable Christmas Valley area. This expansive 8,804 square foot property offers exceptional 26% building coverage, providing ample space to create your ideal mountain retreat.Wake up to breathtaking mountain and forest views that showcase the natural beauty of the Sierra Nevada. The sunny exposure ensures your future home will be filled with natural light throughout the day, creating warm and inviting living spaces.Location is everything, and this property delivers unparalleled access to outdoor recreation. Positioned strategically between three major ski resorts, winter sports enthusiasts will appreciate the convenience of multiple mountain options. When warmer weather arrives, the pristine waters of Lake Tahoe are just ten minutes away, offering endless opportunities for swimming, boating, and lakeside relaxation.The level terrain makes construction straightforward and cost-effective, while the corner position provides additional design flexibility. For those seeking even more space, the adjacent lot is also available for purchase, creating the possibility of a remarkable double lot with expanded building potential.This opportunity combines the tranquility of mountain living with convenient access to world-class recreation. Whether you envision a cozy cabin or an expansive family home, this exceptional building site provides the foundation for your Lake Tahoe lifestyle dreams.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142263
Days on Market 231
Sold Date 1800-01-01

Property History

Oct 17, 2025
Listed for sale
$165,500
Property Overview
Lot Size 0.20 acres
Property Type UnimprovedLand
County El Dorado
STR Jurisdiction El Dorado County
APN 035244009000
Exterior & Lot
View Mountain, Forest
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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% ($33,100)
Home price
$165,500
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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