About This Property
FIXER UPPER ON 0.27 ACRES | SOUTH LAKE TAHOE | INVESTMENT OPPORTUNITYCalling all investors!! This home is a blank slate with incredible potential.Check out this 3 bed, 2 bath in the City limits of this gorgeous mountain town. Excellent opportunity for investors, flippers, vacation home buyers, or anyone looking to create their own Mountain Retreat! Being sold as-is, this property is ready for someone with vision to transform it into a primary residence, rental property, or weekend getaway.This lot offersa storage shed andan unpermitted guest house. The area offers easy access to Lake Tahoe, endless amount of fun trails, and close proximity to Heavenly Ski Resort, restaurants and shopping. The fun never has to end any time of year.This rare double lot property is ready for someone with vision to bring it back to life.Don't miss your chance to transform this house into a home or investment that truly reflects your vision.*CASH ONLY - Proof of funds letter must accompany all offers.
Listing Details
Property History
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 980 Tahoe Island 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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
