$306,000 Active
715 Shoshone Street
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

Opportunities like this are increasingly rare in the N Upper Truckee neighborhood, where privacy, peace, and direct connection to Tahoe's outdoor lifestyle are the main draws. This parcel enjoys a unique setting, bordered to the right and rear by a string of U.S. Forest Service lots that create a private buffer and an unmatched sense of seclusion. You're also only a city block from trailheads leading into the National Forest, Washoe Meadows State Park, and the Upper Truckee River, making recreation effortless.The lot itself is completely flat and lightly wooded, offering an exceptionally builder-friendly canvas that reduces site prep costs and simplifies design. With a 942 IPES score and 28% allowable coverage, your options are wide open for creating a dream mountain retreat. You'll also benefit from high-capability land exemptions under TRPA guidelines, making this one of the most flexible and desirable undeveloped properties available.Whether your vision is a contemporary alpine escape or a timeless Tahoe cabin, this setting combines all the essentials: privacy, usability, and direct access to the very best of the Sierra lifestyle.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142145
Days on Market 277
Sold Date 1800-01-01

Property History

Sep 01, 2025
Listed for sale
$306,000
Property Overview
Lot Size 0.25 acres
Property Type Land
Subdivision Tahoe Paradise 19
County El Dorado
STR Jurisdiction El Dorado County
APN 033352010000
Exterior & Lot
View Mountain,Forest
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% ($61,200)
Home price
$306,000
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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