$1,125,000 $1,200,000 ↓ $75,000 reduced Active
1480 Tahoe Park Heights Drive
Tahoe City, CA 96145
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
2.0 Baths
·
1,320 Sq Ft
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About This Property

Tahoe Park Location just off Tahoe Park Heights on a shared private road. The property is located on a 9,200 + sq foot lot, looking out to the east. Enjoy morning sun and a pleasant view of the lake. The home has a wrap around deck, four bedrooms, loft and a full bathroom on each floor. The living room features a high ceiling, combined kitchen, dining room, and living room with a unique round fireplace. Sleeping is in two first floor bedrooms, and two second floor bedrooms. Parking for four cars on a level parking pad. Enjoy the benefits of the Tahoe Park private beach, and the local commercial area with restaurants, bike, kayak, and paddleboard rentals. Close to Shadyside Lounge, WS Market, Fire Sign Cafe and Sunnyside.

Listed by Richard Wilson — Tahoe Park Realty

Listing Details

Status Active
MLS # 20260864
Days on Market 92
Price/Sq Ft $852

Property History

May 19, 2026
Listed for sale
$1,200,000
Jul 10, 2026
Price reduced
$1,165,000 $1,200,000 ↓ $35,000
Aug 15, 2026
Price reduced
$1,125,000 $1,165,000 ↓ $40,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,320
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 083230002
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Lake
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $690 / Annually
HOA & Community
Community Amenities Beach Access
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$6K – $33K typically ~$19,747
~$1,646 per month
Avg Nightly
$120
Occupancy
45%
Cap Rate
0.7%

STR Investment Summary — 1480 Tahoe Park Heights Drive, Tahoe City

Est. Gross Annual Revenue
$6K – $33K
typically ~$19,747
Avg Nightly Rate
$120
Projected Occupancy
45.0%
Cap Rate
0.7%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (164 comparable 3-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,344 sq ft covered of 461 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,226 sq ft
Allowed Coverage
461 sq ft · 5%
Existing Coverage
1,344 sq ft · 15%
Addable Coverage
0 sq ft

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% ($225,000)
Home price
$1,125,000
Loan details
30-yr fixed, 6.5%
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