$125,000 Active
1091 Sierra Boulevard
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.

Our data on this home

TRPA land coverage Room to build 0 of 1,500 sq ft used

About This Property

Convenient, level parcel located on Sierra Boulevard in the heart of South Lake Tahoe. Located on a corner and along the recently completed recreation path, fantastic location for walking to nearby shops, restaurants, and bars, or going the other direction for hiking and biking in open space. Ask the city building department about options, including the addition of up to two Accessory Dwelling Units (ADUs). IPES score 738 per TRPA.gov.

Listed by Matthew Lucksinger — Lake Valley Properties

Listing Details

Status Active
MLS # 142518
Days on Market 252

Property History

Feb 13, 2026
Listed for sale
$125,000
Property Overview
Lot Size 0.11 acres
Property Type UnimprovedLand
Subdivision Tahoe Sierra 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031123019000
📊

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 1,500 sq ft allowed
1,500 sq ft of coverage still available to add.
Parcel Size
4,999 sq ft
Allowed Coverage
1,500 sq ft · 30%
Existing Coverage
0 sq ft
Addable Coverage
1,500 sq ft
IPES Score
738.0
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

$746 per month
Principal & interest
$632/mo
Property taxes
$114/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% ($25,000)
Home price
$125,000
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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