$3,500,000 Active
2117 Cascade Road
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.
4 Beds
·
2.0 Baths
·
1,381 Sq Ft

About This Property

Open House by Appointment only to see this very special property that beckons to those that appreciate the unique. The canvas is yours. The views are forever. Opportunities like this are vanishingly rare, imagine the possibilities of creating something remarkable on one of Lake Tahoe's most unique lakefront settings.Set within the exclusive gated enclave of Cascade Properties, 2117 Cascade Road offers a truly rare Lake Tahoe lakefront opportunity. Situated on nearly an acre with approx 99 feet of private shoreline, this .92-acre property provides the perfect foundation for a future custom estate.The existing 1,381 sq. ft. architecturally designed lakefront lodge allows you to enjoy the property now while planning your vision for what comes next. Live authentically on the shoreline, surrounded by panoramic lake views, breathtaking natural beauty, and premier waterfront access.Arrange your private tour and imagine the possibilities of creating something remarkable on one of Lake Tahoe's most unique lakefront settings.Open House by Appointment only to see this very special property that beckons to those that appreciate the unique.

Listed by Debra Howard — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143151
Days on Market 24
Sold Date 1800-01-01
Price/Sq Ft $2,534

Property History

Jul 02, 2026
Listed for sale
$3,500,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,381
Lot Size 0.92 acres
Year Built 1976
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Cascade Prop
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 018291018000
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Lake Front
View Mountains, Lake, Forest, Ski Resort
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Financial
HOA Fee $2,000 / Annually
HOA & Community
Community Amenities Pier
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

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%

STR Investment Summary — 2117 Cascade Road, South Lake Tahoe

Est. Annual Revenue
$177,255
Avg Nightly Rate
$1515
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 56 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
6,235 sq ft covered of 398 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
40,134 sq ft
Allowed Coverage
398 sq ft · 1%
Existing Coverage
6,235 sq ft · 16%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($700,000)
Home price
$3,500,000
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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