$7,788,000 Active
1091 Johnson Boulevard
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 (residential zones), so availability varies. Verify current permit availability before counting on rental income.
11 Beds
·
14.0 Baths
·
10,303 Sq Ft

About This Property

Backing to Bijou Golf Course on a flat, highly usable .63-acre parcel, this newly completed estate by Bob McIntyre reflects one of Tahoe's most tenured and respected builders, known for delivering grand alpine homes that balance scale, function, and design.The approach is defined by layered rooflines, a thoughtful mix of vertical and horizontal cedar siding in a rich stain, black-framed windows, and substantial natural stone that grounds the home in its setting.- -The main living level opens with volume and warmth, featuring cathedral ceilings, exposed beams, and a wall of glass framing the golf course, surrounding pines, and filtered views toward Heavenly Ski Resort. A linear stone fireplace anchors the great room, which flows into a dining area designed for large gatherings, supported by additional cabinetry, beverage storage, and service space.The kitchen is built for real use at scale with dual islands, three dishwashers, dual 48-inch ranges, an additional wall oven, 72-inch built-in refrigeration, and a full walk-in pantry, offering both performance and efficiency whether hosting or unwinding.A covered rear deck extends the living space with composite decking, built-in BBQ, cooktop, pizza oven, and ample room for dining and lounge areas.- -The lower level is dedicated to entertainment, with over 3,400-sf designed to bring people together. A full walk-behind bar with seating for eleven anchors the space, complemented by multiple game areas, a theater room with high-end audio, and a wall of glass connecting to an indoor pool and steam suite.A 1,500-sf covered deck with fire feature and spa extends the experience outdoors, with a backyard designed for additional recreation.- -All 11 bedrooms are en suite, offering consistent comfort and privacy, with select suites featuring fireplaces or deck access. A separate-entry unit provides flexibility for extended stays or caretaker use with ADA-friendly design.Additional features include a tandem 4-car garage, dual laundry rooms, and a planned elevator connecting the garage to the main living level.- -Spanning 10,303-sf, the home is currently operating as a high-performing vacation rental with strong 2026 bookings already in place.A rare combination of scale, usability, and proven performance.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142625
Days on Market 144
Sold Date 1800-01-01
Price/Sq Ft $756

Property History

Mar 21, 2026
Listed for sale
$7,788,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $600,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 11
Baths 14.0
Sq. Ft. 10,303
Lot Size 0.63 acres
Year Built 2026
Property Type Single Family Residence
Style Contemporary
Subdivision Johnson Acres
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027241031000
Parking
Garage Spaces 4
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
View Mountains, Meadow, Forest, Ski Resort
Construction Wood Frame, Wood Siding, Rock
Roof Pitched, Asphalt, Composition
Foundation Slab
Pool & Spa
Pool Indoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
📊

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 — 1091 Johnson Boulevard, South Lake Tahoe

Est. Annual Revenue
$148,038
Avg Nightly Rate
$2243
Projected Occupancy
18.0%
Cap Rate
0.8%
Structural Score: 75 / 100 (Luxury) · STR Zone: Yellow

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
4,899 sq ft covered of 3,740 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
27,507 sq ft
Allowed Coverage
3,740 sq ft · 14%
Existing Coverage
4,899 sq ft · 18%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
6

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($1,557,600)
Home price
$7,788,000
Loan details
30-yr fixed, 6.5%
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