$132,000
Active
1199 Carson 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, so availability varies. Verify current permit availability before counting on rental income.
About This Property
Located in the centrally located Tahoe Sierra neighborhood, 1199 Carson Avenue is a sunny corner lot offering a great opportunity to build a custom home in South Lake Tahoe. This 5,009 square foot lot features 30% coverage and a convenient in-town location close to shopping, dining, schools, and outdoor recreation.This property is located near the new bike path, providing easy access to miles of riding and walking trails. With a level setting and easy year-round access, this affordably priced lot offers a practical option for a future primary residence or mountain getaway.
Listed by Brent Johnson — Chase International - South Lake Tahoe
Listing Details
Status
Active
MLS #
142897
Days on Market
42
Sold Date
1800-01-01
Property History
May 13, 2026
Listed for sale
$132,000
Property Overview
Lot Size
0.12 acres
Property Type
UnimprovedLand
Subdivision
Tahoe Sierra 3
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
031205008000
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% ($26,400)
Home price
$132,000
Loan details
30-yr fixed, 6.5%
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