$4,295,000
120 Old Cedars Place
Tahoma, CA 96142
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
3 Beds
·
2.5 Baths
·
2,646 Sq Ft
Virtual Tour

About This Property

This fully turnkey residence, in the exclusive Old Cedars community on Lake Tahoe’s coveted West Shore, offers the ultimate Tahoe lifestyle, ready to be enjoyed in every season. Built in 2021, this home blends modern design, low-maintenance ownership, and lakefront living, with amenities just steps away, including a private beach & pier shared with only five other neighboring homes. Offered furnished with new Restoration Hardware pieces, high-end kitchenware, linens, and decor, this home presents a true move-in-ready opportunity. The open-concept interior features a full Sonos sound system with indoor/outdoor integration, air conditioning, enhanced internet, luxury window coverings, smart leak detection, and Ring security. Additional highlights include an electric vehicle charger, heated roof system, pre-wiring for a backup generator, and a bear wire system for added peace of mind while away. The flexible layout includes 3 bedrooms plus an enclosed bonus room, ideal as a 4th bedroom, office, media room, or gym. Located only minutes from Homewood Mountain Resort and a short walk from some of West Shore’s favorite markets and dining options, the property offers effortless convenience and connection to the community. Old Cedars is exceptionally well maintained, with HOA services that include exterior maintenance, landscaping, and snow removal right to your front door. The addition of a new Old Cedars entry gate is scheduled to begin installation this May, further enhancing privacy and exclusivity within this intimate lakefront community.

Listed by Kimberly Boyle — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20260539
Days on Market 1
Price/Sq Ft $1,623

Property History

Apr 10, 2026
Listed for sale
$4,295,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,646
Lot Size 1.32 acres
Stories 2
Year Built 2021
Property Type Single Family Residence
Style Modern
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 098-360-006
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Rental History,Air Conditioning
Lot Features Downslope,Gentle
View Peek,Filtered,Wooded
Construction Wooded,Steel
Roof Metal,Tar/Gravel
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Water Source Other,Shared Pier
HOA & Community
Community Amenities Beach Access,Other/See Remarks
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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%

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% ($859,000)
Home price
$4,295,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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