$499,000 Active
1160 Herbert Avenue #A
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why Home insurance $1,900 – $2,200/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

This updated South Lake Tahoe getaway is ready to enjoy! 1160 Herbert Ave #A blends mountain charm with modern comfort, making it the perfect full-time home, vacation retreat, or investment opportunity. Ideally located near Heavenly, beaches, dining, and year-round adventure, this turnkey condo offers the best of Tahoe living in one convenient location.

Listed by Bailey Hooten — Compass

Listing Details

Status Active
MLS # 142959
Days on Market 153
Price/Sq Ft $430

Property History

May 22, 2026
Listed for sale
$499,000
Aug 11, 2026
Pending
$499,000
Aug 28, 2026
Relisted
$499,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $289,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Year Built 1964
Property Type Condominium
Style Chalet
Subdivision Bijou Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025701027000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Lot Features Cul-De-Sac
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Forced Air
Financial
HOA Fee $700 / Monthly
HOA & Community
Community Amenities Pool, Spa, Other/See Remarks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
49
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 1160 Herbert Avenue #A, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 49 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,900 – $2,200/yr
about $171/mo
Est. Rebuild Cost (Coverage A)
$348,300
FAIR Plan (fire)
$1,600/yr
DIC wrap (theft, water, liability)
$300 – $600/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$3,849 per month
Principal & interest
$2,523/mo
Property taxes
$455/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$700/mo
From MLS listing data.
Home insurance
$171/mo
CA FAIR Plan + DIC estimate, ~$1,900–$2,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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