$1,125,000 Active
8861 Glen Drive
Tahoma, CA 96141
✗ 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.
3 Beds
·
2.0 Baths
·
1,224 Sq Ft
Virtual Tour

About This Property

The property is a member of the Rubicon Park HOA. Amenities include a pier, beach and a buoy field. This visually attractive home is well sited on the parcel and the homesite backs to Lonely Gulch Creek plus it is surrounded by National forest land. The cabin is in overall excellent upgraded and well maintained condition. The floor plan is functional & the natural ambient light is good. During the summer months, the large outdoor deck to the rear and the side of house expands the effective use of the home with both indoor and outdoor living. The design of the house lends itself to easy maintenance and upkeep. Having affordable access to a buoy on Lake Tahoe for your boat has become a very coveted amenity as pricing for a buoy without this access is very expensive.

Listed by Rick Raduziner — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20260693
Price/Sq Ft $919

Property History

May 02, 2026
Listed for sale
$1,125,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,224
Stories 2
Year Built 1965
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 16-462-003
Parking
Parking Features One
Exterior & Lot
Lot Features Level
View Wooded,Mountain,River/Creek
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Electric,Wood Stove
Water Source Buoy,Pier
Financial
HOA Fee $425
HOA & Community
Community Amenities Beach Access,Other/See Remarks
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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 — 8861 Glen Drive, Tahoma

Est. Annual Revenue
$45,257
Avg Nightly Rate
$294
Projected Occupancy
43.3%
Cap Rate
1.6%
Structural Score: 49 / 100 (Standard) · STR Zone: Red

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($225,000)
Home price
$1,125,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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