$288,000 Active
686 Cayuga 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

Buildable lots in South Lake Tahoe are not all created equal, and this one brings a few real advantages to the table. The parcel sits in a quiet pocket with six surrounding U.S. Forest Service lots, creating more separation, privacy, and open space than you typically get in a residential neighborhood.The site is level, roughly 140 feet deep, and carries an excellent IPES score of 996. With 30% allowable coverage, plus added flexibility for decking and a pervious driveway, the lot gives a future owner more room to design something that actually works. Light tree cover keeps the Tahoe feel intact without making the property feel dark, and the south-facing rear exposure brings in strong natural light with filtered mountain views. For a buyer looking to build instead of compromise on an existing home, this is a clean, usable parcel with privacy, sun, and development characteristics that are increasingly difficult to find.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142895
Days on Market 24
Sold Date 1800-01-01

Property History

May 12, 2026
Listed for sale
$288,000
Property Overview
Lot Size 0.23 acres
Property Type Land
Subdivision Tahoe Paradise 19
County El Dorado
STR Jurisdiction El Dorado County
APN 033354005000
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% ($57,600)
Home price
$288,000
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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