3215 W. Lake - Residential LAND FOR SALE


Homewood, CA 96141 20,038 SF
$1,500,000 USD
916-743-2673
3215 W. Lake, Homewood, CA for Sale
$1,500,000 USD
Residential LAND - FOR SALE
1/4
20,038 SF

3215 W. Lake
Homewood, CA 96141


HIGHLIGHTS

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

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$3,260,870/AC

PRICE/SF

$75 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Hold for Development, Hold for Investment

LAND ACRES

0.46 AC

LAND SF

20,038 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

085-260-039-000

ASK ABOUT THIS PROPERTY

Ross RellesMarcus & MillichapMore Info
916-743-2673

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Ross RellesMarcus & MillichapMore Info
916-743-2673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.