$509,000 Active
1041 Chonokis Road
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide, so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
1.0 Baths
·
832 Sq Ft
Virtual Tour

About This Property

Come see this charming mountain cabin tucked away in one of Stateline's most convenient locations. Just a short walk to local favorites like Naked Fish, the Heavenly Village, shopping, dining, entertainment, and the Stateline casinos, this property offers the Tahoe lifestyle with everyday convenience. Inside, you'll find a tastefully updated kitchen and bathroom featuring granite countertops, new appliances, and modern finishes that blend nicely with the cabin's mountain character. The home also features a tankless water heater and mini-split heat and A/C combo for added comfort and efficiency. The flexible floor plan includes two bedrooms and one bathroom, with one of the bedrooms being a spacious upstairs loft that could easily serve as a primary suite, creating a cozy retreat after a day on the lake, trails, or ski slopes. Outside, the fenced backyard offers space to relax around a fire pit, entertain friends, or simply enjoy Tahoe's fresh mountain air. Whether you're looking for a full-time residence, a weekend getaway, or an investment in a prime Tahoe location, this cabin offers the opportunity to add your own personal touches while enjoying everything Stateline and Lake Tahoe have to offer.

Listed by Kelli Potts — Ascent Property Group

Listing Details

Status Active
MLS # 143082
Sold Date 1800-01-01
Price/Sq Ft $612

Property History

Jun 19, 2026
Listed for sale
$509,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 832
Lot Size 0.14 acres
Stories 2
Year Built 1972
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029372010000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame
Roof Composition
Utilities & Systems
Heating Natural Gas
Cooling Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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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 — 1041 Chonokis Road, South Lake Tahoe

Est. Annual Revenue
$44,604
Avg Nightly Rate
$261
Projected Occupancy
44.7%
Cap Rate
3.5%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

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

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% ($101,800)
Home price
$509,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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