$248,000 Active
1428 Skyline Drive
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

An exceptional offering in Country Club Estates, this expansive 24,000+ square foot lot boasts breathtaking Mt. Tallac vistas and includes a 2025 residential allocation. Recently surveyed with the DOAC complete, the parcel allows for 3,873 square feet of verified coverage and benefits from generous land capability exemptions.Significant tree removal has already been completed to enhance sunset panoramas, while the parcel behind is protected by a development restriction, ensuring lasting seclusion. The natural downhill slope supports elevated main-level access and soaring interior volumes with no stair entry required.Included in the sale are conceptual drawings for a striking 3-story, 4,200+ square foot residence featuring a 900 square foot one-bedroom, one-bath accessory dwelling unit, multiple en-suite bedrooms, expansive communal zones, and substantial outdoor living areas.Break ground this year and take full advantage of the favorable building season ahead.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 141716
Days on Market 369
Sold Date 1800-01-01

Property History

Jun 01, 2025
Listed for sale
$248,000
Property Overview
Lot Size 0.55 acres
Property Type Land
Subdivision Tahoe Paradise 48
County El Dorado
STR Jurisdiction El Dorado County
APN 081051005000
Exterior & Lot
View Mountain,Forest,Filtered
Financial
HOA / Community South Tahoe Association of Realtors
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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% ($49,600)
Home price
$248,000
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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