$1,125,000 $1,200,000 ↓ $75,000 reduced Active
1480 Tahoe Park Heights Drive
Tahoe City, CA 96145

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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.
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4 Beds
·
2.0 Baths
·
1,320 Sq Ft
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Our data on this home

Short-term rental income $35K – $60K/yr Est. gross · $304/night · 45.0% booked TRPA land coverage Est. above allowance 1,344 of 461 sq ft used Home insurance $2,300 – $2,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Tahoe Park Location just off Tahoe Park Heights on a shared private road. The property is located on a 9,200 + sq foot lot, looking out to the east. Enjoy morning sun and a pleasant view of the lake. The home has a wrap around deck, four bedrooms, loft and a full bathroom on each floor. The living room features a high ceiling, combined kitchen, dining room, and living room with a unique round fireplace. Sleeping is in two first floor bedrooms, and two second floor bedrooms. Parking for two cars on a level parking pad. Enjoy the benefits of the Tahoe Park private beach, and the local commercial area with restaurants, bike, kayak, and paddleboard rentals. Close to Shadyside Lounge, WS Market, Fire Sign Cafe and Sunnyside.

Listed by Richard Wilson — Tahoe Park Realty

Listing Details

Status Active
MLS # 20260864
Days on Market 171
Price/Sq Ft $852

Property History

May 19, 2026
Listed for sale
$1,200,000
Jul 10, 2026
Price reduced
$1,165,000 $1,200,000 ↓ $35,000
Aug 15, 2026
Price reduced
$1,125,000 $1,165,000 ↓ $40,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,320
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction Placer County
APN 083230002
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Lake
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $690 / Annually
HOA & Community
Community Amenities Beach Access
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$35K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.7%

STR Investment Summary — 1480 Tahoe Park Heights Drive, Tahoe City

Est. Gross Annual Revenue
$35K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (161 comparable 3-bedroom rentals, 2026-11); 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

Estimated above allowance
1,344 sq ft covered of 461 sq ft allowed
TRPA's map estimates show more existing coverage than the estimated allowance. Both are estimates, not a ruling: a Land Capability Verification sets the real allowance, and coverage built before TRPA's rules is often legally existing.
Parcel Size
9,226 sq ft
Allowed Coverage · est.
461 sq ft · 5%
Existing Coverage · est.
1,344 sq ft · 15%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$554,400
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/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

$6,954 per month
Principal & interest
$5,689/mo
Property taxes
$999/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$58/mo
From MLS listing data.
Home insurance
$208/mo
CA FAIR Plan + DIC estimate, ~$2,300–$2,700/yr — wildfire-zone rates vary; not a bindable 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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