$139,000 Active
2255 Blitzen Road
South Lake Tahoe, CA 96150
✗ 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.

About This Property

Great corner lot with high IPES score and 25% coverage. The adjacent parcel is also available for sale. (Potential to combine the lots for a larger home.) 15 minutes to Sierra At Tahoe or Heavenly Ski Resort & 35 minutes to Kirkwood.

Listed by Adele Lucas — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 141270
Days on Market 455
Sold Date 1800-01-01

Property History

Mar 07, 2025
Listed for sale
$139,000
Property Overview
Lot Size 0.18 acres
Property Type UnimprovedLand
Subdivision Tahoe Paradise 52
County El Dorado
STR Jurisdiction El Dorado County
APN 035234001000
Exterior & Lot
View Mountain, Forest
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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%

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($27,800)
Home price
$139,000
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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