$306,000 $312,000 ↓ $6,000 reduced Active
715 Shoshone Street
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

Opportunities like this are increasingly rare in the N Upper Truckee neighborhood, where privacy, peace, and direct connection to Tahoe's outdoor lifestyle are the main draws. This parcel enjoys a unique setting, bordered to the right and rear by a string of U.S. Forest Service lots that create a private buffer and an unmatched sense of seclusion. You're also only a city block from trailheads leading into the National Forest, Washoe Meadows State Park, and the Upper Truckee River, making recreation effortless.The lot itself is completely flat and lightly wooded, offering an exceptionally builder-friendly canvas that reduces site prep costs and simplifies design. With a 942 IPES score and 28% allowable coverage, your options are wide open for creating a dream mountain retreat. You'll also benefit from high-capability land exemptions under TRPA guidelines, making this one of the most flexible and desirable undeveloped properties available.Whether your vision is a contemporary alpine escape or a timeless Tahoe cabin, this setting combines all the essentials: privacy, usability, and direct access to the very best of the Sierra lifestyle.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142145
Days on Market 416

Property History

Sep 01, 2025
Listed for sale
$312,000
Property Overview
Lot Size 0.25 acres
Property Type UnimprovedLand
Subdivision Tahoe Paradise 19
County El Dorado
STR Jurisdiction El Dorado County
APN 033352010000
Exterior & Lot
View Mountain, Forest
Utilities & Systems
Heating None
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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 546 sq ft allowed
546 sq ft of coverage still available to add.
Parcel Size
10,928 sq ft
Allowed Coverage
546 sq ft · 5%
Existing Coverage
0 sq ft
Addable Coverage
546 sq ft
IPES Score
942.0
Land Capability · TRPA-verified
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

$1,826 per month
Principal & interest
$1,547/mo
Property taxes
$279/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% ($61,200)
Home price
$306,000
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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