Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mountain Homesite Near Sierra at Tahoe Title is generated by Realmo AI

    7845 Hemlock Avenue, Twin Bridges, CA 95735

    View on Map
    Claim this Listing
    New
    For Sale
    $85,000

    LAND - Twin Bridges, CA

    Lot size:
    0.23 Acres
    Added:
    May 28, 2026
    Days on Market:
    4
    Last Refresh:
    May 31 at 10:06 pm

    Property Features for 7845 Hemlock Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    037214008000
    Lot size
    0.23 Acres

    Utilities

    Water source
    Private, Well

    We can help!

    Listing Contact
    Gregory Ochoa

    Listing agent Gregory Ochoa

    Listing office Mountain Luxury Properties CA

    Listing date May 28, 2026

    MLS# 142916 Listing URL

    Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location moments from Sierra at Tahoe Ski Resort
    • Enjoy .23 acre homesite with forest and mountain views
    • Convenient year‑round access just off Highway 50
    • Opportunity to build a custom mountain retreat
    • Area experiencing rebuilding and investment post‑Caldor Fire
    • Two adjacent lots available for potential bulk purchase

    Overview

    This is a rare opportunity to own a large mountain homesite located just moments from Sierra at Tahoe Ski Resort. Situated on approximately 0.23 acres, the property offers forest and mountain views, providing an ideal setting to build a mountain retreat in one of Tahoe's recreation-oriented communities. The area is experiencing rebuilding and investment following the Caldor Fire, with newly constructed homes reshaping the community with modern mountain architecture and a renewed sense of optimism. Located just off Highway 50, the property offers year-round access and places skiing, snowboarding, hiking, biking, and other outdoor recreation opportunities nearby. Sierra at Tahoe is a popular destination and a training ground for skiers and snowboarders. This property offers an opportunity to create a custom home surrounded by nature and the Sierra Nevada. Two adjacent lots owned by the same seller are also available for purchase at 7842 Tamarack Ave and 7850 Tamarack Ave. The seller may consider a bulk sale opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Twin Bridges
    County
    El Dorado
    State
    California
    Longitude
    -120.078842
    Latitude
    38.815871

    Nearby Similar for Sale

    • $199,000

      Sierra Nevada Homesite Opportunity

      1.08-acre homesite in gated community near Sierra-at-Tahoe Resort.
      2060 Huckleberry Heights, Twin Bridges, CA 95735
      View Details
    • $500,000

      Expansive Land with Natural Spring

      6.5+ acre property with spring near Echo Lakes.
      8715 Johnson Pass Road, Twin Bridges, CA 96150
      View Details
    • $1,899,000

      Highway 50 Landmark Commercial Property

      High-visibility commercial property on U.S. Highway 50 in Strawberry, CA.
      17481 Us Highway 50, Twin Bridges, CA 95735
      View Details
    • $99,000

      Mountain Homesite Near Sierra Tahoe

      Large homesite near Sierra at Tahoe Ski Resort.
      7850 Tamarack Avenue, Twin Bridges, CA 95735
      View Details
    • $85,000

      Mountain Homesite Near Sierra at Tahoe

      Large homesite near Sierra at Tahoe Ski Resort.
      7842 Tamarack Avenue, Twin Bridges, CA 95735
      View Details
    • Contact for pricing

      Commercial Land at Highway 50

      Corner lot available for ground lease or build-to-suit.
      19920 US-50, Twin Bridges, CA
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large homesite near Sierra at Tahoe Ski Resort.
    Where is this residential land & home lot located?
    The property is located at 7845 Hemlock Avenue Twin Bridges, CA.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Prime location moments from Sierra at Tahoe Ski Resort; Enjoy .23 acre homesite with forest and mountain views; Convenient year‑round access just off Highway 50
    We can help!
    Listing Contact
    Gregory Ochoa
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7845 Hemlock Avenue, Twin Bridges, CA 95735
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!