$3,995,000 $4,295,000 ↓ $300,000 reduced Pending
120 Old Cedars Place
Tahoma, CA 96142

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
4 Beds
·
2.5 Baths
·
2,646 Sq Ft
Virtual Tour

Our data on this home

About This Property

This fully turnkey home, in the lakeside "Old Cedars Place" community on Lake Tahoe’s coveted West Shore, offers the ultimate Tahoe lifestyle, ready to be enjoyed in every season. Built in 2021, this home blends modern design, low-maintenance ownership, and lakeside living, with exclusive amenities just steps away, including a private beach & pier shared with only five other Old Cedars homes. Offered furnished with Restoration Hardware and West Elm pieces, high-end kitchenware, linens, and decor, this home presents a true move-in-ready opportunity. The open-concept interior features a full Sonos sound system with indoor/outdoor integration, air conditioning, enhanced internet, luxury window coverings, smart leak detection, and Ring security. Additional highlights include an electric vehicle charger, pre-wiring for a backup generator, and a bear wire system for added peace of mind while away. The flexible layout includes 3 bedrooms plus an additional bonus room, ideal as a 4th bedroom, office, media room, or gym. Located only minutes from Homewood Mountain Resort and a short walk from some of West Shore’s favorite markets and dining options, the property offers effortless convenience and connection to the community. Old Cedars is exceptionally well maintained, with HOA services that include exterior maintenance, landscaping, and snow removal right to your front door. The addition of a new Old Cedars entry gate has already been paid for and is scheduled to be installed in 2026, further enhancing privacy and exclusivity within this luxury lakeside community.

Listed by Kimberly Boyle — Mountain Luxury Properties Tah

Listing Details

Status Pending
MLS # 20260539
Days on Market 195
Price/Sq Ft $1,510

Property History

Apr 10, 2026
Listed for sale
$4,295,000
Current
Pending
$3,995,000

Sale History · changed hands 3×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2021 · via MLS history $3,400,000 — —
Sep 2024 $3,850,000 (+13%) Breck OverallSierra Sotheby's Int - Rock Harmony SteingrebeColdwell Banker Realty
Oct 2026 $3,650,000 (-5%) Brendan BoyleMountain Luxury Properties Wendy PooreSierra Sotheby's International

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
Beds 4
Baths 2.5
Sq. Ft. 2,646
Lot Size 1.32 acres
Year Built 2021
Property Type Single Family Residence
Style Modern
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 098360006
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Rental History
View Peek, Filtered, Trees/Woods
Construction Wood Siding, Steel Siding
Roof Metal, Tar/Gravel
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Cooling Air Conditioning
Financial
HOA Fee $2,257 / Quarterly
HOA & Community
Community Amenities Beach Access, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$40K – $85K typically ~$60,000
~$5,000 per month
Avg Nightly
$514
Occupancy
32%
Cap Rate
0.6%

STR Investment Summary — 120 Old Cedars Place, Tahoma

Est. Gross Annual Revenue
$40K – $85K
typically ~$60,000
Avg Nightly Rate
$514
Projected Occupancy
32.0%
Cap Rate
0.6%
Structural Score: 67 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from West Shore market data (107 comparable 4-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
32 sq ft covered of 720 sq ft allowed
688 sq ft of coverage still available to add.
Parcel Size
2,881 sq ft
Allowed Coverage
720 sq ft · 25%
Existing Coverage
32 sq ft · 1%
Addable Coverage
688 sq ft
Land Capability · TRPA-verified
5

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

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,400 – $5,200/yr
about $400/mo
Est. Rebuild Cost (Coverage A)
$1,455,300
FAIR Plan (fire)
$3,700/yr
DIC wrap (theft, water, liability)
$700 – $1,500/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$24,698 per month
Principal & interest
$20,201/mo
Property taxes
$3,533/mo
1.0613% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$564/mo
From MLS listing data.
Home insurance
$400/mo
CA FAIR Plan + DIC estimate, ~$4,400–$5,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($799,000)
Home price
$3,995,000
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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