$1,098,000 Active
1201 Canarsee 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
·
2.5 Baths
·
2,672 Sq Ft
Virtual Tour

About This Property

Located in the desirable Pioneer Trail neighborhood, this spacious 2,672 square-foot, four-bedroom, 2.5-bath mountain home offers exceptional curb appeal and an unbeatable location just steps from miles of hiking and biking trails, with endless year-round outdoor recreation right outside your door.Designed with classic Tahoe architecture, the home features split log siding, attractive rooflines, and soaring cathedral ceilings that create a striking first impression. The upstairs living area is open and filled with natural light, showcasing tall vaulted ceilings, hardwood flooring, a gas fireplace, and a dramatic wall of windows that brings the outdoors in. Just off of the living area is a walk-out balcony, perfect to to enjoy outdoor entertaining and grilling. The spacious kitchen is well-appointed with granite slab countertops, stainless steel appliances, abundant cabinetry, and a walk-in pantry, making it ideal for both everyday living and entertaining.The private primary suite offers a relaxing retreat with its own gas fireplace, walk-in closet, and an updated en-suite bathroom featuring a jetted soaking tub, custom tile work, and quality finishes throughout.Downstairs you'll find three additional guest bedrooms, a large family room, and plenty of space for family and friends. The fully fenced backyard is perfect for enjoying Tahoe's four seasons, complete with a private hot tub for relaxing after a day on the trails or the slopes.Additional highlights include a spacious three-car garage, quality craftsmanship throughout, and an ideal location just minutes from Heavenly Ski Resort, Lake Tahoe, shopping, dining, and everything South Lake Tahoe has to offer.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143159
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $411

Property History

Jul 03, 2026
Listed for sale
$1,098,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,672
Lot Size 0.16 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 033856006000
Parking
Garage Spaces 3
Parking Features 3.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Bear-Proof Trash Can
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 1201 Canarsee Street, South Lake Tahoe

Est. Annual Revenue
$73,689
Avg Nightly Rate
$720
Projected Occupancy
29.1%
Cap Rate
2.7%
Structural Score: 73 / 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% ($219,600)
Home price
$1,098,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373