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Investment Highlights

  • 360 Views of Lake Tahoe
  • Homeowners Association Pier
  • Current IPES Score at 610
  • 2 Permitted Buoys by TRPA
  • Split Lakefront Parcel

Executive Summary

After more than 40 years, the Tahoe Regional Planning Agency (TRPA) has begun adjusting IPES scores, allowing more previously constrained lots to become buildable. Based on current guidance, TRPA intends to continue lowering the minimum threshold annually—positioning this parcel for potential development as early as 2028 or sooner.
This presents a unique opportunity to acquire the property today and begin design, planning, and permitting, with the goal of breaking ground once eligibility is achieved.

Property Facts

Price $2,054,565 CAD
Sale Type Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
Total Lot Size 0.46 AC
Cross Streets Highway 89

1 Lot Available

Lot

Price $2,054,565 CAD
Price Per AC $4,466,445.55 CAD
Lot Size 0.46 AC

Rare opportunity to acquire a premier residential lot offering panoramic 360-degree views of Lake Tahoe. The property includes two permitted buoys, approved by the Tahoe Regional Planning Agency (TRPA).

Description

Vacant residential land located on Highway 89 in Homewood, California in the Skylands Home Owners Association. 5 Minutes from Tahoe City and 3 minutes to Homewood Ski Resort. Parcel has 2 permitted buoys approved by the TRPA. The current IPES Score is 610 the minimum IPES score to build is 702. Rare split lake view lot offering expansive views of Lake Tahoe. With the Tahoe Regional Planning Agency now actively revising IPES scores for the first time in decades, more parcels are becoming eligible for development. With continued annual adjustments expected, this lot may become buildable by 2028 or sooner—creating a compelling opportunity to secure the asset today and advance design plans ahead of entitlement. Call for more details

Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 29763523

  • Date on Market: 2023-10-11

  • Last Updated:

  • Address: 3215 W. Lake, Homewood, CA 96141

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