$1,149,000 Active
295 Cedar Ridge Road
Tahoma, CA 96142
✗ 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.
3 Beds
·
1.5 Baths
·
1,342 Sq Ft

About This Property

Rare opportunity to own a cabin with the most incredible panoramic views over Meeks Bay! This is not an ordinary lake view—it is 360 degrees in every direction from nearly every window, even the bathroom! This beautifully appointed, extensively remodeled cabin comes with its own private funicular. I'm not joking! The wraparound deck affords views that will stop conversations in their tracks. There is a dining zone, lounging zone, cocktail zone, BBQ zone, hot tub zone, and even a level recreation area with artificial turf, perfect for games and pets. Should you even want to come inside, you will find classic Old Tahoe charm meets modern comfort. The living room features soaring ceilings and a river rock gas fireplace, while the kitchen offers granite counters, a deep copper sink, and views that somehow make cooking feel less like a chore. The passive-solar dining area seats eight and is surrounded by windows that keep the lake front and center. Offered furnished, the home includes three bedrooms, including a flexible room currently used as a gym with a Murphy bed and unique rock feature. A carport, shed, and abundant storage add practicality to this unforgettable retreat. Best of all, beach access is available without getting in the car. The views are the headline, the funicular is the conversation piece, and everything else is just the icing on the cake.

Listed by Olja Mihic — GoldMont Realty

Listing Details

Status Active
MLS # 20261280
Days on Market 1
Price/Sq Ft $856

Property History

Jun 25, 2026
Listed for sale
$1,149,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,342
Lot Size 0.42 acres
Stories 1
Year Built 1974
Property Type Single Family Residence
Style Mountain
Subdivision Westshore LK TH
County Placer
STR Jurisdiction El Dorado County
APN 016-332-036-000
Parking
Parking Features Carport
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub
Lot Features Upslope
View Lake,Panoramic-Lake,Panoramic,Mountain
Construction Framed
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
📊

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%

STR Investment Summary — 295 Cedar Ridge Road, Tahoma

Est. Annual Revenue
$69,400
Avg Nightly Rate
$483
Projected Occupancy
39.5%
Cap Rate
2.4%
Structural Score: 66 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Tahoma. Revenue projections are estimates and may vary.

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% ($229,800)
Home price
$1,149,000
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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