$225,000 Active

2260 Wagon Train Trail

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 Tahoe parcel in highly desirable Montgomery Estates. Enjoy the flexibility to build your dream home on this corner parcel with California-Tahoe Conservancy land across the street in both directions. With an IPES score of 833, 25 percent coverage is allowed on this 7,500 sq ft+ parcel. Residents love the proximity to renowned recreation trails, as well as Pioneer Trail for a short drive to Heavenly Ski Resort, Lake Tahoe, and the around the clock excitement of Stateline, NV. Nearby entry points to wonderful recreation trails accessing High Meadow, Trout Creek, Cold Creek, and more.

Listed by Matthew Lucksinger — Lake Valley Properties

Listing Details

Status Active

MLS # 143130

Days on Market 21

Sold Date 1800-01-01

Property History

Jun 29, 2026

Listed for sale

$225,000

Property Overview

Lot Size 0.18 acres

Property Type UnimprovedLand

Subdivision Montgomery Estates 5

County El Dorado

STR Jurisdiction El Dorado County

APN 025821011000

Exterior & Lot

View Forest

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build

0 sq ft covered of 394 sq ft allowed

394 sq ft of coverage still available to add.

Parcel Size

7,873 sq ft

Allowed Coverage

394 sq ft · 5%

Existing Coverage

0 sq ft

Addable Coverage

394 sq ft

IPES Score

833.0

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

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($45,000)

Home price

$225,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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