$549,000 $599,000 ↓ $50,000 reduced Active
2535 Lake Forest Road
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.
1 Beds
·
1.0 Baths
·
622 Sq Ft
Virtual Tour

About This Property

An exceptional development opportunity in Lake Forest, a favorite neighborhood in Tahoe City. This level 100' x 100' lot offers the rare chance to consider building new in an established Tahoe City neighborhood, just steps from the Coast Guard Boat Launch and minutes from Skylandia Beach and Bristlecone Beach. A topographical survey is completed and corners are marked at the property. The existing 1-bedroom, 1-bath cabin served as a full-time residence until earlier this year and retains classic Tahoe character throughout. While livable, the home is best positioned as a renovation project or a placeholder for a future custom build. Whether you're envisioning a new mountain modern retreat or a thoughtful restoration of the original cabin, the location, lot dimensions, and proximity to the lake make this a compelling canvas. Opportunities in Lake Forest of this caliber are increasingly rare. Come walk the lot and see the potential.

Listed by Monica Smith — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20260903
Days on Market 91
Price/Sq Ft $883

Property History

May 20, 2026
Listed for sale
$599,000
Aug 14, 2026
Price reduced
$549,000 $599,000 ↓ $50,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 622
Lot Size 0.24 acres
Year Built 1930
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093032020
Parking
Parking Features None
Exterior & Lot
Lot Features Street
Construction Frame
Roof Shake/Shingle
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
47
PROJECTED GROSS ANNUAL REVENUE
$15K – $23K typically ~$18,893
~$1,574 per month
Avg Nightly
$115
Occupancy
45%
Cap Rate
1.4%

STR Investment Summary — 2535 Lake Forest Road, Tahoe City

Est. Gross Annual Revenue
$15K – $23K
typically ~$18,893
Avg Nightly Rate
$115
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (47 comparable 2-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

Room to build
703 sq ft covered of 2,645 sq ft allowed
1,942 sq ft of coverage still available to add.
Parcel Size
10,580 sq ft
Allowed Coverage
2,645 sq ft · 25%
Existing Coverage
703 sq ft · 7%
Addable Coverage
1,942 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% ($109,800)
Home price
$549,000
Loan details
30-yr fixed, 6.5%
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