$1,495,000 Active
315 West Lake Boulevard
Tahoe City, CA 96145
✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.

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About This Property

An exceptional opportunity to acquire one of the few remaining infill development sites in the heart of Tahoe City. Positioned along highly traveled West Lake Boulevard at the gateway to Tahoe's renowned West Shore, this ±0.46-acre commercial parcel offers outstanding visibility, accessibility, and development potential. The property is offered with thoughtfully designed mountain-modern architectural plans for a proposed 15-unit mixed-use project featuring 13 residential units and 2 tourist accommodation units. Designed by TFWA Architecture, the concept emphasizes contemporary Tahoe design, private outdoor living spaces, pedestrian-friendly streetscapes, EV-capable parking, and an efficient site plan that complements the character and lifestyle of North Lake Tahoe.

Listed by Eric Navarro — COMPASS

Listing Details

Status Active
MLS # 20261430
Days on Market 90

Property History

Jul 10, 2026
Listed for sale
$1,495,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2021 · county record $650,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.46 acres
Property Type Land
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094200054000
Exterior & Lot
Lot Features STREET
View Other
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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~— per month
Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,486 sq ft covered of 5,831 sq ft allowed
4,345 sq ft of coverage still available to add.
Parcel Size
23,324 sq ft
Allowed Coverage
5,831 sq ft · 25%
Existing Coverage
1,486 sq ft · 6%
Addable Coverage
4,345 sq ft
Land Capability · TRPA-verified
1b

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 ↗ How the Basin compares

Building Permit History

Placer County permit records for this parcel

No building permits on file with Placer County for this parcel.

Public permit records from the Placer County permit portal, last checked 2026-10-08. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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

$8,888 per month
Principal & interest
$7,560/mo
Property taxes
$1,328/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Commercial property — needs a commercial policy, so no home insurance estimate.
Down payment
20% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
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