$899,000 $1,125,000 ↓ $226,000 reduced Active
8861 Glen Drive
Tahoma, CA 96141
✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
3 Beds
·
2.0 Baths
·
1,224 Sq Ft
Virtual Tour

About This Property

Adorable cabin with year round level access and a huge one car garage. Includes membership to the coveted Rubicon Tahoe Owners Assoc. with two piers, beaches, and a buoy fields. Sold fully furnished move-in ready. Lovely homesite backs to Lonely Gulch Creek plus it is surrounded by National forest land. Overall excellent upgraded and well maintained condition. The floor plan is functional with abundant natural ambient light. The large outdoor deck to the rear and the side of house enhances both indoor and outdoor living. The design lends itself to easy maintenance and upkeep. Having affordable access to a buoy on Lake Tahoe for your boat has become a very coveted affordable amenity.

Listed by Rick Raduziner — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20260693
Days on Market 149
Price/Sq Ft $734

Property History

May 02, 2026
Listed for sale
$1,125,000
Jul 21, 2026
Price reduced
$899,000 $950,000 ↓ $51,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2003 · county record $477,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,224
Year Built 1965
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction El Dorado County
APN 16462003
Parking
Garage Spaces 1
Parking Features One, Attached, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods, Mountain(s), Water
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric, Wood Stove
Financial
HOA Fee $425 / Annually
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

Red Zone
STRUCTURAL SCORE Premium
64
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 8861 Glen Drive, Tahoma

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 64 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,409 sq ft covered of 136 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,587 sq ft
Allowed Coverage
136 sq ft · 1%
Existing Coverage
2,409 sq ft · 18%
Addable Coverage
0 sq ft
Existing Units
1

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 ↗ How the Basin compares

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

$5,880 per month
Principal & interest
$4,546/mo
Property taxes
$795/mo
1.0613% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$35/mo
From MLS listing data.
Home insurance
$504/mo
CA FAIR Plan + DIC estimate, ~$5,100–$7,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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