$279,000
Pending
1354 Kings Way
Tahoe Vista, CA 96148
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
About This Property
Unique Tahoe Vista vacant parcel with nice views and excellent development potential. Lot is within IPES buy-up range; buyer to verify all building and coverage requirements with TRPA and Placer County. Buyer to investigate any additional mitigation fees, utility access, and site development costs. Adjacent home is also currently listed in MLS, creating a rare opportunity for combined purchase and expanded possibilities. Great potential for future improvements in a desirable North Lake Tahoe location. Pictures are from adjoining house roof line.
Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors
Listing Details
Status
Pending
MLS #
20260654
Days on Market
37
Sold Date
2026-08-01
Property History
Apr 29, 2026
Listed for sale
$279,000
Current
Pending
$279,000
Property Overview
Property Type
Single Family Residence
Subdivision
North LakeTahoe
County
Placer
STR Jurisdiction
Placer County
APN
112-220-012
Exterior & Lot
View
Lake
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%
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% ($55,800)
Home price
$279,000
Loan details
30-yr fixed, 6.5%
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