$1,275,000
426 Northridge Drive
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.
2 Beds
·
3.0 Baths
·
1,793 Sq Ft

About This Property

Backed to Sugar Pine Point State Park and positioned as the last home on the street, this Tahoma property offers a rare level of privacy in a peaceful West Shore setting, along with filtered lake views. The home features a functional layout with a large loft, bonus room, and oversized garage—giving you flexibility for guests, a second living area, or extra storage. The interior blends classic mountain style with thoughtful updates, while multiple decks create easy indoor-outdoor living. Conveniently located just minutes from Meeks Bay and a short drive to Homewood Mountain Resort, where a planned redevelopment is underway. The property also benefits from an active short-term rental permit, with no properties currently on the waitlist within the buffer.

Listed by William Wilkes — Redfin Corporation

Listing Details

Status Active
MLS # 20260578
Price/Sq Ft $711

Property History

Apr 17, 2026
Listed for sale
$1,275,000
Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,793
Lot Size 0.24 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 016-531-015
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,Hot Tub
Roof Shake/Shingle
Foundation Slab
Utilities & Systems
Heating Wood,Other
📊

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 — 426 Northridge Drive, Tahoma

Est. Annual Revenue
$47,199
Avg Nightly Rate
$437
Projected Occupancy
32.4%
Cap Rate
1.5%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Tahoma. 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($255,000)
Home price
$1,275,000
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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