$248,000 $298,000 ↓ $50,000 reduced Active
1428 Skyline Drive
South Lake Tahoe, CA 96150

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✗ 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.

Our data on this home

About This Property

An exceptional offering in Country Club Estates, this expansive 24,000+ square foot lot boasts breathtaking Mt. Tallac vistas and includes a 2025 residential allocation. Recently surveyed with the DOAC complete, the parcel allows for 3,873 square feet of verified coverage and benefits from generous land capability exemptions.Significant tree removal has already been completed to enhance sunset panoramas, while the parcel behind is protected by a development restriction, ensuring lasting seclusion. The natural downhill slope supports elevated main-level access and soaring interior volumes with no stair entry required.Included in the sale are conceptual drawings for a striking 3-story, 4,200+ square foot residence featuring a 900 square foot one-bedroom, one-bath accessory dwelling unit, multiple en-suite bedrooms, expansive communal zones, and substantial outdoor living areas.Break ground this year and take full advantage of the favorable building season ahead.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 141716
Days on Market 509

Property History

Jun 01, 2025
Listed for sale
$298,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2021 · county record $260,000 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
Lot Size 0.55 acres
Property Type UnimprovedLand
Subdivision Tahoe Paradise 48
County El Dorado
STR Jurisdiction El Dorado County
APN 081051005000
Exterior & Lot
View Mountain, Forest, Filtered
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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~— per month
Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 4,803 sq ft allowed
4,803 sq ft of coverage still available to add.
Parcel Size
24,013 sq ft
Allowed Coverage
4,803 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
4,803 sq ft
IPES Score
798.0
Land Capability · TRPA-verified
1b, IPES

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

$1,480 per month
Principal & interest
$1,254/mo
Property taxes
$226/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($49,600)
Home price
$248,000
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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