$360,000 Active
1420 Cheshire 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

Set on a quiet cul-de-sac in the sought-after Kingswood West neighborhood of Tahoe Vista, this homesite presents a rare opportunity to create a custom mountain retreat just minutes from Northstar California Resort and the sandy shores of Lake Tahoe. Permits and planning efforts are currently under review, creating an opportunity for a future owner to step into a property already moving toward build-readiness while maximizing sun exposure, potential lake views, and year-round mountain living. A thoughtfully designed home plan blends modern Scandinavian-inspired architecture with practical Tahoe functionality. Planned features include tall ceilings, a main-level primary suite, expansive indoor-outdoor living spaces, and an oversized garage designed for mountain gear and storage. The property also benefits from an impressive IPES score of 733. Significant pre-development work has already been completed, including engineering, mechanical, and energy-compliance planning, and active coordination with TRPA. A tree removal permit has already been secured, with a faller prepared to begin work upon closing, helping accelerate the path toward construction. Utilities are conveniently located at the street and lower portion of the lot for efficient access. The homesite also provides direct access to the Watson Lake trail system for hiking, snowshoeing, cross-country skiing, and snowmobiling, with regional parks, forest trails, lake access, dining, and everyday conveniences all just minutes away.

Listed by Gregory Righellis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20260885
Days on Market 16

Property History

May 20, 2026
Listed for sale
$360,000
Property Overview
Property Type Single Family Residence
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 112-220-061
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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 — 1420 Cheshire Court, Tahoe Vista

Est. Annual Revenue
$84,248
Avg Nightly Rate
$647
Projected Occupancy
38.3%
Cap Rate
9.4%
Structural Score: 60 / 100 (Premium) · 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% ($72,000)
Home price
$360,000
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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