$150,000 $160,000 ↓ $10,000 reduced Active
1946 Osage Circle
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

Situated in the heart of South Lake Tahoe, 1946 Osage presents an incredible opportunity to turn your dream home or investment ideas into reality. This vacant lot is a rare find, set in a peaceful neighborhood framed by towering pines and the breathtaking scenery of the Sierra Nevada. And even better, the adjacent lot at 1952 Osage is for sale, giving you the opportunity to develop a larger property. Location is Just a short distance from world-class skiing, scenic hiking trails, and the crystal-clear waters of Lake Tahoe, this property offers the perfect blend of adventure and tranquility.Thanks to its exceptional location near shopping, dining, and entertainment, along with effortless access to the area's year-round outdoor activities, this lot is the ideal foundation for your custom mountain retreat. Whether you're picturing a rustic cabin or a sleek modern chalet, the possibilities are boundless.Seize the opportunity to own a piece of Tahoe's unmatched beauty. Your mountain getaway begins at 1946 Osage

Listed by Jackie Arthur — Compass

Listing Details

Status Active
MLS # 142665
Days on Market 109
Sold Date 1800-01-01

Property History

Apr 02, 2026
Listed for sale
$150,000
Property Overview
Lot Size 0.30 acres
Property Type UnimprovedLand
Subdivision Tahoe Paradise 45
County El Dorado
STR Jurisdiction El Dorado County
APN 034652004000
Exterior & Lot
View Forest
Utilities & Systems
Heating None
📊

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%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
217 sq ft covered of 649 sq ft allowed
431 sq ft of coverage still available to add.
Parcel Size
12,970 sq ft
Allowed Coverage
649 sq ft · 5%
Existing Coverage
217 sq ft · 2%
Addable Coverage
431 sq ft
IPES Score
855.0

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($30,000)
Home price
$150,000
Loan details
30-yr fixed, 6.5%
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