$860,000 $930,000 ↓ $70,000 reduced Active
1201 Wildwood Avenue #1
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. 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.
4 Beds
·
2.5 Baths
·
2,108 Sq Ft

About This Property

Wildwood Commons is an intimate luxury enclave of detached homes completed in 2020, set adjacent to the open space of the El Dorado National Forest. Positioned as an end unit near the entrance of the community, this residence offers effortless access and added privacy while capturing serene forest views. The home was kept in pristine condition and includes Ethernet wiring, a whole-house fan, dual-zoned HVAC, 240V EV charging outlet, a bidet-ready master bath outlet, soft-close kitchen cabinetry, and smart-home locks, switches, and garage opener. Just a half-mile walk to both Heavenly Ski Resort's Village/Gondola and California Base Lodge. The Lake, Ski Run Marina, Casino Corridor, and dining/entertainment of South Lake Tahoe are within a mile, creating a coveted all-seasons location that pairs in-town proximity with a quiet, forested backdrop. Low maintenance construction of modern materials lends a contemporary mountain feel. HOA dues include snow removal, water, trash, and grounds care, supporting a lock-and-leave lifestyle for full-time living or low maintenance vacation use. Furnishings negotiable.

Listed by Matthew Biscotti — Coldwell Banker Select R.E.

Listing Details

Status Active
MLS # 143228
Days on Market 53
Sold Date 1800-01-01
Price/Sq Ft $408

Property History

Jul 22, 2026
Listed for sale
$930,000
Sep 01, 2026
Price reduced
$860,000 $930,000 ↓ $70,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · county record $633,500 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 4
Baths 2.5
Sq. Ft. 2,108
Lot Size 0.04 acres
Year Built 2020
Property Type Single Family Residence
Style Contemporary
Subdivision Wildwood Commons
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028340001000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Masonry Veneer, Rock
Roof Pitched, Asphalt, Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $400 / Monthly
HOA & Community
Community Amenities Additional Parking
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$40K – $75K typically ~$50,000
~$4,167 per month
Avg Nightly
$285
Occupancy
48%
Cap Rate
2.3%

STR Investment Summary — 1201 Wildwood Avenue #1, 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.
Est. Gross Annual Revenue
$40K – $75K
typically ~$50,000
Avg Nightly Rate
$285
Projected Occupancy
48.0%
Cap Rate
2.3%
Structural Score: 63 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
759 sq ft covered of 424 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,695 sq ft
Allowed Coverage
424 sq ft · 25%
Existing Coverage
759 sq ft · 45%
Addable Coverage
0 sq ft
Existing Units
1

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% ($172,000)
Home price
$860,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message