$790,000 Active
1063 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
·
1,602 Sq Ft

About This Property

Tucked away at the end of a quiet stretch in the Sierra, 1063 Onnontioga Street is a sanctuary for those who live for the outdoors. This isn't just a mountain house; it's a gateway to the best of South Lake Tahoe. Bordered by expansive open space, the property offers a rare sense of privacy and a direct connection to nature that's becoming harder to find. Step out your front door and you're just a short stroll from the banks of the Upper Truckee River perfect for quiet morning walks or casting a line. For the hikers and bikers, a network of scenic trails fans out right from your neighborhood, inviting you to explore the high-country terrain whenever the mood strikes. Inside, the home captures that authentic mountain soul. Large windows frame the surrounding pines, creating a living gallery of the forest. The experience truly unfolds as you head into the large, fully fenced backyard where you'll find a brand-new hot tub and a newly added shed, just in case the finished garage can't fit all of your Tahoe toys!While the setting feels worlds away from the hustle, you're still just minutes from the lake's edge and the vibrant energy of Stateline. It's the perfect balance: a peaceful retreat where the forest is your neighbor, the river is your soundtrack, and your own backyard is the headquarters for relaxation and mountain living.

Listed by Colin Farnsworth — Compass

Listing Details

Status Active
MLS # 143015
Days on Market 16
Sold Date 1800-01-01
Price/Sq Ft $493

Property History

Jun 03, 2026
Listed for sale
$790,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,602
Lot Size 0.28 acres
Year Built 1978
Property Type Single Family Residence
Subdivision Tahoe Paradise 8
County El Dorado
STR Jurisdiction El Dorado County
APN 033792031000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Spa/Hot Tub,Storage Shed,Bear-Proof Trash Can
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 — 1063 Onnontioga Street, South Lake Tahoe

Est. Annual Revenue
$46,986
Avg Nightly Rate
$428
Projected Occupancy
31.3%
Cap Rate
2.4%
Structural Score: 62 / 100 (Premium) · 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% ($158,000)
Home price
$790,000
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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