$160,000 Pending
863 Julie Lane
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide, so availability varies. Verify current permit availability before counting on rental income.
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About This Property

Build your Tahoe dream on this exceptional vacant lot in the highly desirable Tahoe Mountain neighborhood of South Lake Tahoe. Perfectly positioned for an active mountain lifestyle, this property offers immediate access to neighborhood trails and Forest Service land at the end of the street, creating a true sense of privacy and connection to nature. The nearby bike trail provides an easy and scenic ride to some of the best beaches on the south shore, while shopping and dining at The Y, Heavenly Resort, and the Stateline casinos are all just minutes away.The lot is flat, highly usable, and very well priced, making it an outstanding opportunity for buyers looking to build a custom home in one of Tahoe's most sought after areas. With an excellent IPES score of 936 and 30 percent coverage, the site offers flexibility and strong development potential. The sellers are also including plans for a thoughtfully designed three bedroom, two bathroom cabin, complete with engineering calculations and a survey, helping streamline the building process and add immediate value.Whether you envision a cozy mountain retreat or a modern Tahoe getaway, this property provides the ideal foundation to bring your vision to life in a location that blends outdoor recreation, convenience, and long term appeal.

Listed by Dustin Allen — Sierra Sotheby's International Realty

Listing Details

Status Pending
MLS # 142409
Days on Market 180
Sold Date 1800-01-01

Property History

Dec 26, 2025
Listed for sale
$160,000
Current
Pending
$160,000
Property Overview
Lot Size 0.15 acres
Property Type Land
Subdivision Gardner Mountain 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023611004000
Financial
HOA / Community South Tahoe Association of Realtors
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STR Investment Analysis

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

STR Investment Analysis

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

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% ($32,000)
Home price
$160,000
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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