$538,000 Active
1245 Julie Lane
South Lake Tahoe, CA 96150
⏳ 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.
4 Beds
·
2.0 Baths
·
2,000 Sq Ft
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About This Property

Home Sweet Home - This 2,000+/- sf home structure is currently set up as a Duplex with a 2 bedroom, 1 bath on the entry level featuring a lovely fenced back yard, access to the 1 car garage, interior laundry, spacious living room, dining area and well appointed kitchen with gorgeous natural wood cabinetry - this unit needs a fresh coat of paint, some flooring replacements and a little sprucing AND upstairs - accessible from the exterior only is a sweet little apartment with a full kitchen, laundry, bedroom & bathroom plus a very private bedroom above the garage on opposite side of the staircase - this unit is occupied.

Listed by Sally Long Johns — Century 21 Select Real Estate

Listing Details

Status Active
MLS # 143538
Days on Market 7
Price/Sq Ft $269

Property History

Sep 29, 2026
Listed for sale
$538,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,000
Lot Size 0.12 acres
Year Built 1959
Property Type Single Family Residence
Style Contemporary
Subdivision Gardner Mountain
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032281018000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Construction Wood Frame
Roof Composition
Foundation Concrete/Masonry
Utilities & Systems
Heating Other/See Remarks
Cooling Other/See Remarks
Financial
Seller's Annual Tax $3,516
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
59
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 — 1245 Julie Lane, 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: 59 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,637 sq ft covered of 1,254 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
5,015 sq ft
Allowed Coverage
1,254 sq ft · 25%
Existing Coverage
1,637 sq ft · 33%
Addable Coverage
0 sq ft
Existing Units
2

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 ↗ How the Basin compares

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

$3,636 per month
Principal & interest
$2,720/mo
Property taxes
$491/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. The $3,516 on this listing is the seller's bill.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$425/mo
CA FAIR Plan + DIC estimate, ~$4,700–$5,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($107,600)
Home price
$538,000
Loan details
30-yr fixed, 6.5%
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