$4,350,000 Active
385 Lakeview Drive
Meeks Bay, CA 96142

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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.
7 Beds
·
4.5 Baths
·
4,524 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 4,159 of 238 sq ft used Home insurance $7,600 – $8,800/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Welcome to Lakeview Lodge, a 4,500± sq ft West Shore retreat with panoramic Lake Tahoe views and a coveted Meeks Bay location near the shoreline. The home blends classic mountain architecture with generous living spaces, refined finishes, and a strong indoor-outdoor connection. The main level features a dramatic great room with vaulted wood ceilings, exposed log detailing, distressed walnut flooring, cedar wainscoting, a granite fireplace, and expansive lakeview windows. The adjoining kitchen offers granite countertops, a large center island, gourmet appliances, a generous pantry, and custom knotty alder cabinetry. The spacious primary suite includes vaulted cedar ceilings, hardwood flooring, lake views, and a two-sided marble fireplace connecting the bedroom and spa-like bath. The lower level provides a lakeview family room, multiple guest bedrooms, two adjoining bunk rooms, three bathrooms, laundry, and a finished game room with pool table. A private hot tub deck offers a quiet place to relax after a day outdoors. Two expansive decks overlook Lake Tahoe and provide space for dining, lounging, and entertaining. Additional features include mature trees, usable outdoor areas, a paver driveway, and a two-car garage. Located near Meeks Bay Resort, the property offers convenient access to beaches, boating, hiking, Homewood, Tahoe City, Emerald Bay, and skiing throughout the Tahoe region. The seller currently uses valet in-and-out boat service through a nearby Homewood marina, with the possibility for the buyer to assume that service. 385 Lakeview Drive offers panoramic views, substantial square footage, timeless mountain design, and a premier West Shore setting. Offered turnkey for convenience.

Listed by David Westall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261620
Days on Market 80
Price/Sq Ft $962

Property History

Aug 03, 2026
Listed for sale
$4,350,000
Property Overview
Beds 7
Baths 4.5
Sq. Ft. 4,524
Lot Size 0.55 acres
Year Built 2008
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County El Dorado
STR Jurisdiction El Dorado County
APN 016324006000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Lake, Panoramic-Lake, Panoramic, Mountain(s)
Construction Frame, Masonry, Log, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
79
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 — 385 Lakeview Drive, Meeks Bay

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: 79 / 100 (Luxury) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
4,159 sq ft covered of 238 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
23,828 sq ft
Allowed Coverage
238 sq ft · 1%
Existing Coverage
4,159 sq ft · 17%
Addable Coverage
0 sq ft
IPES Score
761.0
Land Capability · TRPA-verified
IPES
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

$7,600 – $8,800/yr
about $683/mo
Est. Rebuild Cost (Coverage A)
$2,488,200
FAIR Plan (fire)
$6,300/yr
DIC wrap (theft, water, liability)
$1,300 – $2,500/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

$26,526 per month
Principal & interest
$21,996/mo
Property taxes
$3,847/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
$0/mo
From MLS listing data.
Home insurance
$683/mo
CA FAIR Plan + DIC estimate, ~$7,600–$8,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($870,000)
Home price
$4,350,000
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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