$850,000 Active
8975 Glen Drive
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
·
1,124 Sq Ft
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About This Property

Welcome to your private mountain retreat in the highly sought-after Rubicon Bay community, where peaceful forest surroundings, exceptional HOA amenities, and the beauty of Lake Tahoe create the perfect setting for year-round enjoyment. Situated on a spacious 0.30-acre lot, this inviting three-bedroom home offers a rare sense of privacy, bordered by U.S. Forest Service land to the south, rear, and directly across Glen Drive. Designed for gathering and entertaining, the main level features an open living and dining area filled with natural light from expansive windows and skylights that bring the surrounding forest indoors. A charming wood-burning stove creates a warm and inviting place to relax after a day on the lake or the slopes. Sliding glass doors lead to a spacious deck overlooking the peaceful backyard, creating an ideal setting for morning coffee, outdoor dining, or simply unwinding while listening to the gentle sounds of the creek. The adjoining kitchen features updated countertops and a functional layout that keeps you connected to the living and dining areas, making it easy to prepare meals while spending time with family and friends. A conveniently located half bathroom completes the main level. Downstairs, three inviting bedrooms and a full bathroom provide comfortable accommodations for family and guests, with one bedroom offering direct access to a private lower deck. A new metal roof, installed in 2025, adds lasting value and peace of mind for years to come. Outside, the expansive property invites both relaxation and adventure. A charming treehouse adds a touch of Tahoe nostalgia, while Lonely Gulch Creek meanders just beyond the backyard. As a member of the Rubicon Tahoe Owners Association, you'll enjoy exclusive access to two private sandy beaches, North Beach and South Beach, each featuring a private pier, buoy field, and kayak and paddle board storage. South Beach also offers a volleyball court. Ideally located on Tahoe's coveted West Shore, you'll enjoy convenient access to Meeks Bay, D. L. Bliss State Park, Sugar Pine Point State Park, and Homewood Mountain Resort, offering endless opportunities for boating, paddleboarding, hiking, and skiing. Whether you're searching for a full-time residence, a vacation getaway, or an investment opportunity, this exceptional Rubicon Bay home offers the perfect balance of privacy, recreation, and community.

Listed by Miranda Miller — Chase International - TC

Listing Details

Status Active
MLS # 20261595
Days on Market 1
Price/Sq Ft $756

Property History

Jul 31, 2026
Listed for sale
$850,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,124
Lot Size 0.30 acres
Year Built 1970
Property Type Single Family Residence
Style Chalet
Subdivision Westshore LK TH
County Placer
STR Jurisdiction El Dorado County
APN 016471003
Parking
Parking Features None
Exterior & Lot
View Trees/Woods, Water
Roof Metal
Utilities & Systems
Heating Propane, Wood, CFAH, Wood Stove
Financial
HOA Fee $425 / Annually
HOA & Community
Community Amenities Beach Access, Other/See Remarks
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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%

STR Investment Summary — 8975 Glen Drive, Tahoma

Est. Annual Revenue
$40,491
Avg Nightly Rate
$212
Projected Occupancy
52.5%
Cap Rate
1.9%
Structural Score: 53 / 100 (Standard) · STR Zone: Red

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,410 sq ft covered of 131 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,134 sq ft
Allowed Coverage
131 sq ft · 1%
Existing Coverage
1,410 sq ft · 11%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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