About This Property
Experience the best of Tahoe lakefront living at Heavenly Waters, a beautifully renovated retreat along the shores of Rubicon Bay. Offering approximately 80 ft of lake frontage with a sandy beach, this exceptional property captures sweeping panoramic views from nearly every room. Vaulted ceilings, floor-to-ceiling windows and sliding glass doors flood the home with natural light while framing breathtaking lake views. The main level features an open-concept great room with a modern kitchen, dining area, and living space centered around a wood-burning fireplace. A spacious deck perfect for entertaining above the water. Each bedroom enjoys access to an outdoor deck, while the primary suite offers its own private lakeview deck. The main level also includes a king suite with a private bath, and the lower level offers an ensuite guest bedroom and bunk room. A stairway leads to a private lakefront deck and sandy beach. The property includes two buoys, plus shared HOA beach and pier amenities.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 8781 Lakeside Drive, Tahoma
Based on comparable vacation rental performance data for Tahoma. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
