$189,000 Pending
1390 Kings Vista Court
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

Rare opportunity to own a uniquely private homesite backing directly to U.S. Forest Service land. Located on the uphill side of a quiet cul-de-sac and positioned as the second-to-last lot on the street, this larger parcel offers an exceptional setting with outstanding privacy and a peaceful forest backdrop. The property features an IPES score of 646 with 11% allowable coverage and is buildable through the purchase of additional IPES points. Approximately 45 points are required and may be acquired through mitigation fees at $1,125 per point, for a total estimated cost of $50,625. Plus another estimated $10,000 in coverage to transfered Surrounded by nature yet conveniently located just minutes from Northstar Resort and the Tahoe beaches, dining, and recreation of Kings Beach, this parcel provides an outstanding opportunity to build a custom mountain retreat in one of North Lake Tahoe's most desirable locations. Enjoy the rare combination of seclusion, forest adjacency, and easy access to year-round outdoor recreation.

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Pending
MLS # 20261074
Days on Market 1
Sold Date 2026-07-31

Property History

Jun 04, 2026
Listed for sale
$189,000
Current
Pending
$189,000
Property Overview
Property Type Single Family Residence
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 112-220-045-000
Exterior & Lot
Lot Features Upslope
View Wooded,Mountain
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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 — 1390 Kings Vista Court, Tahoe Vista

Est. Annual Revenue
$35,009
Avg Nightly Rate
$379
Projected Occupancy
26.0%
Cap Rate
7.4%
Structural Score: 44 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoe Vista. 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
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% ($37,800)
Home price
$189,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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