$99,000 $140,000 ↓ $41,000 reduced Active
2635 Chris Avenue
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 (residential zones), so availability varies. Verify current permit availability before counting on rental income.

About This Property

Now offered at a new price, this residential lot presents an excellent opportunity to build your Tahoe retreat in an established South Lake Tahoe neighborhood. Ideally located near hiking and biking trails, world-class skiing at Heavenly Mountain Resort, and the beaches of Lake Tahoe, you'll also enjoy easy access to dining, shopping, and entertainment at Heavenly Village and the South Shore casinos.A great opportunity to create your own Tahoe base for year-round adventure and relaxation.Buyer to verify building potential, allowable coverage, and development requirements with the appropriate agencies.

Listed by William Hobbs — Intero Real Estate Services

Listing Details

Status Active
MLS # 142603
Days on Market 160
Sold Date 1800-01-01

Property History

Mar 17, 2026
Listed for sale
$140,000
Aug 10, 2026
Price reduced
$99,000 $140,000 ↓ $41,000
Property Overview
Lot Size 0.12 acres
Property Type UnimprovedLand
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031083009000
Utilities & Systems
Heating None
📊

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
69 sq ft covered of 1,502 sq ft allowed
1,433 sq ft of coverage still available to add.
Parcel Size
5,006 sq ft
Allowed Coverage
1,502 sq ft · 30%
Existing Coverage
69 sq ft · 1%
Addable Coverage
1,433 sq ft
IPES Score
836.0
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% ($19,800)
Home price
$99,000
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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