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3215 W. Lake 0.46 Acres of Residential Land Offered at $1,100,000 in Homewood, CA 96141
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
Rare West Shore Lake Tahoe land opportunity with a documented pathway toward future residential development. The parcel currently carries an IPES score of 610 and has benefited from recent TRPA policy changes that lowered the Placer County buildable threshold from 726 to 702, with additional reductions anticipated as residential allocations continue to be issued. TRPA has indicated the buildable line will continue to be evaluated and adjusted annually, creating a potential future entitlement opportunity for patient investors, land bankers, and long-term Tahoe buyers. Located near Lake Tahoe's desirable West Shore, the property also benefits from two associated TRPA buoy allocations, adding to its long-term appeal and scarcity value. This offering presents a unique opportunity to acquire a Tahoe land asset at a fraction of the value of currently buildable parcels while maintaining significant upside potential as future TRPA allocation thresholds evolve.
Property Facts
| Price | $1,100,000 | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | |
| Sale Conditions | Total Lot Size | 0.46 AC | |
| No. Lots | 1 | Cross Streets | Highway 89 |
| Property Type | Land |
| Price | $1,100,000 |
| Sale Type | Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.46 AC |
| Cross Streets | Highway 89 |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.46 AC |
| Price Per AC | $2,391,304.35 |
| Price | $1,100,000 |
| Price Per AC | $2,391,304.35 |
| 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. Investment Highlights Rare West Shore Lake Tahoe land holding APN 085-260-039-000 Current IPES Score: 610 TRPA lowered Placer County buildable threshold from 726 to 702 Future threshold reductions anticipated by TRPA Potential future eligibility for IPES Buy-Up Program Two associated TRPA buoy allocations Significant upside relative to currently buildable Tahoe parcels Ideal for long-term investors, land bankers, and legacy family ownership Call for more details
Contact the Sale Advisor
3215 W. Lake