$777,000 Active
1476 Ledge Court
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

Prestigious Lake Tahoe View Estate Parcel Near HeavenlyPresenting an exceptional opportunity to create a signature luxury residence on one of Lake Tahoe's most breathtaking view parcels. Perfectly positioned near the base of Heavenly Ski Resort, this rare homesite showcases panoramic, unobstructed vistas of Lake Tahoe and the Sierra Nevada. This is a dramatic backdrop few properties can rival. The 35,659 sf parcel is further enhanced by seven neighboring U.S. Forest Service lots, offering privacy and scenic vistas.The architectural renderings showcase an exquisite 7800 sq. ft., four-level home with elevator featuring 7 bedrooms and 7 baths a 6 car garage and 600 sf of decks, thoughtfully designed to capture the lake's shimmering beauty. The design features walls of glass, indoor-outdoor living concepts, and elevated design elements. The allowable coverage is 3,300 sf.Opportunities exist to purchase coverage and do a lot line adjustment with the seller. For those seeking to expand their legacy property, acquire the neighboring parcel at 1468 Ledge Court (37,434 sf).Disclosures:Buyer and buyer's agent to conduct full due diligence on all property characteristics and development possibilities. Information provided is deemed reliable but not guaranteed. Property line images are approximate.

Listed by Nicole Zaborsky — Ascent Property Group

Listing Details

Status Active
MLS # 142380
Days on Market 175
Sold Date 1800-01-01

Property History

Dec 12, 2025
Listed for sale
$777,000
Property Overview
Lot Size 0.82 acres
Property Type Land
County El Dorado
STR Jurisdiction El Dorado County
APN 028161011000
Exterior & Lot
View Lake,Mountain,Ski Resort
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% ($155,400)
Home price
$777,000
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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