$132,000 Active

1199 Carson Avenue

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.

Virtual Tour

Our data on this home

TRPA land coverage Room to build 0 of 1,502 sq ft used

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 163

Property History

May 13, 2026

Listed for sale

$132,000

Sale History · changed hands 1×

Sold	Price	Listing agent (sell side)	Buyer agent (buy side)
Nov 2023	$130,000	Brent JohnsonChase International - South Lake Tahoe	Brent JohnsonChase International - South Lake Tahoe

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview

Lot Size 0.12 acres

Property Type UnimprovedLand

Subdivision Tahoe Sierra 3

County El Dorado

STR Jurisdiction South Lake Tahoe

APN 031205008000

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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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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build

0 sq ft covered of 1,502 sq ft allowed

1,502 sq ft of coverage still available to add.

Parcel Size

5,006 sq ft

Allowed Coverage

1,502 sq ft · 30%

Existing Coverage

0 sq ft

Addable Coverage

1,502 sq ft

IPES Score

818.0

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

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$787 per month

Principal & interest

$667/mo

Property taxes

$120/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% ($26,400)

Home price

$132,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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Murat Gocmen

Managing Broker

CA DRE# 02235314 NV B.1003327.LLC

(530) 317-0373

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