$125,000 Active
1346 Thunderbird Drive
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.

About This Property

An incredible opportunity awaits at 1346 Thunderbird, a 17,700 sq. ft. parcel in a desirable South Lake Tahoe neighborhood. With an IPES score of 464, this lot presents a fantastic investment or future build opportunity. This property offers significant long-term potential for those looking to secure land in the Tahoe Basin. Whether you're envisioning a custom mountain retreat or seeking a valuable addition to your real estate portfolio, this spacious lot provides endless possibilities in a serene and scenic setting. Positioned close to outdoor recreation and Tahoe's year-round attractions, this is your chance to own a piece of Tahoe's natural beauty. If you would like even more privacy for your future retreat, the adjacent lot is also for sale: 1607 Southern Pines.

Listed by Karen Grant — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142941
Days on Market 97
Sold Date 1800-01-01

Property History

May 19, 2026
Listed for sale
$125,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · county record $115,000 Deed record — brokerage sides not reported

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.

Property Overview
Lot Size 0.41 acres
Property Type UnimprovedLand
County El Dorado
STR Jurisdiction El Dorado County
APN 033744002000
Exterior & Lot
View Mountain
📊

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
0 sq ft covered of 3,612 sq ft allowed
3,612 sq ft of coverage still available to add.
Parcel Size
17,936 sq ft
Allowed Coverage
3,612 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
3,612 sq ft
IPES Score
464.0
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% ($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

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