$599,000 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
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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 underway, with results anticipated in early June to support buyer due diligence on coverage potential (TBD). 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
Price/Sq Ft $963

Property History

May 20, 2026
Listed for sale
$599,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 622
Lot Size 0.24 acres
Stories 1
Year Built 1930
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 093-032-020
Parking
Parking Features None
Exterior & Lot
Lot Features Level
Construction Framed
Roof Shake/Shingle
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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%

STR Investment Summary — 2535 Lake Forest Road, Tahoe City

Est. Annual Revenue
$40,944
Avg Nightly Rate
$234
Projected Occupancy
46.7%
Cap Rate
2.7%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe City. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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