$169,000
Active
2491 Ponderosa Street
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.
About This Property
Set in the heart of South Lake Tahoe, this is an excellent investment opportunity! A level, vacant lot encompassing 7,841 square feet and zoned MDR. The neighboring tri-plex, 2493 Ponderosa Street, is also for sale. Centrally located on the bike path, just a short stroll to the meadow and shores of Lake Tahoe and minutes to world-class-skiing, the casinos and all that the area has to offer.
Listed by Chris Hernandez — Compass
Listing Details
Status
Active
MLS #
142599
Days on Market
103
Sold Date
1800-01-01
Property History
Mar 13, 2026
Listed for sale
$169,000
Property Overview
Lot Size
0.18 acres
Property Type
UnimprovedLand
Subdivision
Unavail
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
031400004000
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% ($33,800)
Home price
$169,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
