$395,000 Active
1200 Wildwood Avenue #47
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
·
1.5 Baths
·
1,044 Sq Ft

About This Property

Welcome home to your Lake Tahoe retreat! Centrally located in a well-maintained and quiet condo complex, 1200 Wildwood Ave #47 is the perfect home base for all your Tahoe adventures. The condo is located one mile from Heavenly Ski Resort's California base lodge, you're never far from endless year round adventures from skiing gunbarrel in the winter to biking and hiking in the summer. Experience serene forest views from your entry way looking into the woods backing the complex. Looking to go out to eat or hit the local shops, or see a show? You're less than a mile from the Heavenly Village, Ski Run Marina, and Target. The home has a cozy freestanding gas fireplace, 2 bedrooms, 1.5 baths, and in unit laundry. The flooring is natural hardwood, the countertops are concrete, the home has been well maintained over the years and is currently a long term rental. If you're looking for an investment property in South Lake Tahoe look no further.

Listed by Sarah Benedict — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143060
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $378

Property History

Jun 15, 2026
Listed for sale
$395,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,044
Lot Size 0.01 acres
Stories 2
Year Built 1972
Property Type Condominium
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028272007000
Parking
Total Parking 1
Parking Features 0.00
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame
Roof Asphalt
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $1,839 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Additional Parking
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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 — 1200 Wildwood Avenue #47, South Lake Tahoe

Est. Annual Revenue
$31,531
Avg Nightly Rate
$213
Projected Occupancy
40.5%
Cap Rate
3.2%
Structural Score: 46 / 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% ($79,000)
Home price
$395,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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