$188,000 Active
1344 Ottawa Drive
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.

About This Property

Don't miss the opportunity to build your very own custom Tahoe retreat! This approximately 0.24-acre lot backs to U.S. Forest Service land and is located near the charming town of Meyers, with its local restaurants, bars, and shopping, creating a serene and private forest setting. With an IPES score of 640 and 4% allowable coverage, this parcel offers a solid foundation for designing your mountain getaway.Surrounded by Lake Tahoe's premier mountain biking and hiking trails, and centrally located between three world-class ski resorts, two golf courses, and endless outdoor recreation, this property is truly an outdoor enthusiast's dream. You're only minutes from Heavenly Ski Resort, with the casinos and nightlife just a short drive or Uber ride away.Builders, don't wait until it's too late. Secure this lot now and be ready to break ground on your Tahoe dream home.

Listed by Gregory Ochoa — Mountain Luxury Properties

Listing Details

Status Active
MLS # 142194
Days on Market 340
Sold Date 1800-01-01

Property History

Sep 18, 2025
Listed for sale
$188,000
Property Overview
Lot Size 0.24 acres
Property Type UnimprovedLand
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034192006000
Exterior & Lot
View Forest
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
611 sq ft covered of 2,067 sq ft allowed
1,456 sq ft of coverage still available to add.
Parcel Size
10,336 sq ft
Allowed Coverage
2,067 sq ft · 20%
Existing Coverage
611 sq ft · 6%
Addable Coverage
1,456 sq ft
IPES Score
670.0
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 ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($37,600)
Home price
$188,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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