$899,000 $1,125,000 ↓ $226,000 reduced Active
8861 Glen Drive
Tahoma, CA 96141

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✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
3 Beds
·
2.0 Baths
·
1,224 Sq Ft
Virtual Tour

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 2,409 of 136 sq ft used Home insurance $1,800 – $2,100/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Lake Lovers Rubicon home with two piers, beaches and buoy fields for your your boat. One of only two homes on the W. Shore with a coveted garage available under $1M. Great land with year round level access. Amazing sun soaked large rear and side deck backing to National Forest Service Lands. Sold fully furnished move-in ready. Excellent upgraded and well maintained condition. Good floor plan with an abundant amount of natural ambient light. Easy maintenance design for upkeep. Rubicon is the best place to be for a fantastic authentic Lake Tahoe experience.

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

Listing Details

Status Active
MLS # 20260693
Days on Market 173
Price/Sq Ft $734

Property History

May 02, 2026
Listed for sale
$1,125,000
Jul 21, 2026
Price reduced
$899,000 $950,000 ↓ $51,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2003 · county record $477,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,224
Year Built 1965
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction El Dorado County
APN 16462003
Parking
Garage Spaces 1
Parking Features One, Attached, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods, Mountain(s), Water
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric, Wood Stove
Financial
HOA Fee $425 / Annually
HOA & Community
Community Amenities Beach Access, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 8861 Glen Drive, Tahoma

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 64 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,409 sq ft covered of 136 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,587 sq ft
Allowed Coverage
136 sq ft · 1%
Existing Coverage
2,409 sq ft · 18%
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. 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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$514,080
FAIR Plan (fire)
$1,500/yr
DIC wrap (theft, water, liability)
$300 – $600/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

$5,539 per month
Principal & interest
$4,546/mo
Property taxes
$795/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
$35/mo
From MLS listing data.
Home insurance
$163/mo
CA FAIR Plan + DIC estimate, ~$1,800–$2,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($179,800)
Home price
$899,000
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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