$799,000 Active
1053 Onnontioga Street
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
4 Beds
·
2.0 Baths
·
1,488 Sq Ft

About This Property

Set on an expansive lot in one of South Lake Tahoe's most peaceful mountain enclaves, this beautifully remodeled residence offers a rare opportunity to experience refined mountain living surrounded by the natural beauty of the Sierra. Thoughtfully renovated throughout over the past few years, the home blends timeless Tahoe character with modern finishes, creating a warm, sophisticated retreat designed for both everyday living and unforgettable weekends.One of the property's most desirable features is its exceptional setting. With protected forest land directly across the street, there are no homes interrupting your view just towering pines, abundant wildlife, and the tranquility that makes Tahoe so special. The result is a remarkable sense of openness and privacy that is increasingly difficult to find.Adventure begins just beyond your doorstep. Enjoy a leisurely walk to the scenic Upper Truckee River, where peaceful mornings can be spent fishing, exploring the shoreline, or simply taking in the sights and sounds of nature. Miles of hiking and mountain biking trails are only moments away, providing effortless access to some of the area's most breathtaking backcountry landscapes.Inside, expansive windows invite natural light to pour into the living spaces while framing picturesque forest views, creating an atmosphere that is both welcoming and serene. Every room has been thoughtfully updated, offering a seamless blend of contemporary comfort and authentic mountain charm.Step outside to your own private outdoor sanctuary. The generously sized, fully fenced backyard provides exceptional space for entertaining, relaxing, or gathering with family and friends beneath the stars. Unwind in the newer hot tub after a day on the slopes or the lake. The additional storage shed provides room for skis, bikes, paddleboards, fishing gear, and every Tahoe adventure waiting ahead. There is also a large parking space for boat or RV parking.Although the setting feels wonderfully secluded, you're only minutes from the crystal-clear waters of Lake Tahoe, world-class skiing, championship golf, acclaimed restaurants, shopping, entertainment, and the vibrant energy of Stateline. Offering the perfect balance of luxury, privacy, and year-round recreation, this exceptional property captures the very essence of the Tahoe lifestylea place where every season brings a new adventure and every day feels like an escape.

Listed by Robert Arthur — Re/Max Coastal Homes

Listing Details

Status Active
MLS # 143139
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $537

Property History

Jun 30, 2026
Listed for sale
$799,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,488
Lot Size 0.29 acres
Year Built 1979
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Tahoe Paradise 8
County El Dorado
STR Jurisdiction El Dorado County
APN 033792032000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed
View Mountains, Forest
Construction Wood Frame
Roof Composition
Foundation Post & Pier
Utilities & Systems
Heating Forced Air, Fireplace
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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 — 1053 Onnontioga Street, South Lake Tahoe

Est. Annual Revenue
$40,898
Avg Nightly Rate
$419
Projected Occupancy
28.9%
Cap Rate
2.0%
Structural Score: 50 / 100 (Standard) · STR Zone: Red

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% ($159,800)
Home price
$799,000
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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