$899,000 Active
1011 Ham Lane
South Lake Tahoe, CA 96150
✓ STR Allowed — No 900 Cap
Inside South Lake Tahoe's Tourist Core Area (TRPA TCAP) — commercial/recreational zoning that is exempt from the 900-permit residential VHR cap. VHR permits are broadly available here with no 150-ft buffer. A city VHR permit and 10% TOT still apply.
3 Beds
·
2.0 Baths
·
1,727 Sq Ft

About This Property

Rare opportunity to own a fully furnished, income-producing mountain retreat in South Lake Tahoe's coveted Tourist Core. One of the property's greatest advantages is its Tourist Core zoning, providing buyers with the confidence of long-term short-term rental eligibility while many other Tahoe properties face ongoing uncertainty.Currently operating as a successful vacation rental, the home has generated over $120,000 in annual gross rental income while legally accommodating up to 10 guests. The seller is also willing to assist with the transition of the established vacation rental operation, creating a seamless opportunity for the next owner to continue its success.Perfectly situated just moments from Lake Tahoe, Heavenly Ski Resort, Heavenly Village, casinos, restaurants, shopping, and year-round recreation, this is the ideal property for those seeking the ultimate Tahoe lifestyle with the added benefit of proven rental income.Thoughtfully designed for entertaining and hosting, the main level features a recently renovated kitchen, a warm and inviting living room, three bedrooms, and a full bathroom. Upstairs offers even more flexible space with a spacious bunk room, loft/game area, and a second full bathroomcomfortably accommodating family, friends, or vacation guests.Being sold fully furnished, this turnkey property is ready to enjoy from day one. Whether you're searching for a high-performing investment, a second home, or the perfect combination of both, opportunities like this are exceptionally rare.

Listed by Kelli Potts — Ascent Property Group

Listing Details

Status Active
MLS # 143254
Sold Date 1800-01-01
Price/Sq Ft $521

Property History

Jul 23, 2026
Listed for sale
$899,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,727
Lot Size 0.18 acres
Year Built 1968
Property Type Single Family Residence
Style Cabin
Subdivision Ham
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027101024000
Parking
Garage Spaces 1
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Lot Features Cul-De-Sac
View Mountains
Construction Wood Frame
Roof Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater, Fireplace
Cooling 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 — 1011 Ham Lane, South Lake Tahoe

Est. Annual Revenue
$41,823
Avg Nightly Rate
$227
Projected Occupancy
50.3%
Cap Rate
1.9%
Structural Score: 51 / 100 (Standard) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
5,097 sq ft covered of 80 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,957 sq ft
Allowed Coverage
80 sq ft · 1%
Existing Coverage
5,097 sq ft · 64%
Addable Coverage
0 sq ft
Existing Units
2

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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