$789,000 Active
1361 Tata Lane
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 (residential zones), so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
1,526 Sq Ft
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About This Property

Welcome to 1361 Tata Lane!You really can have it all. Set on a quiet no-outlet street and tucked among towering pines, this South Lake Tahoe retreat feels a world away yet sits minutes from the lake, shopping resturants, and everything town has to offer. Best of all, the large buildable lot next door at 1357 Tata is available too ($189,000, sold concurrently preferred) a rare chance to expand your almost-quarter-acre into a private side-yard compound or add additional structures. On its own, the home's 50 x 209-foot lot already delivers space, privacy, and forest all around.Inside, an open-concept great room lives light and bright, bringing the outdoors in through walls of windows. Newer vinyl plank floors flow underfoot, a stone fireplace anchors the living space, and the updated kitchen offers a large island with breakfast bar, generous cabinetry, and stainless appliances. Three spacious bedrooms with vaulted ceilings provide a restful retreat, complemented by a full-size laundry room and fresh, move-in-ready finishes. The attached two-car garage adds high overhead space perfect for all your Tahoe toys plus there's a separate storage shed for even more room to stash gear.Outside is pure Tahoe living: a large back deck built for entertaining, a fire-pit lounge beneath the trees, and wooded surroundings that make every season feel like a getaway. Built in 1998 and offered with optional furnishings, this one could be truly turn-key. Don't hesitate, call for more details or to schedule a showing today!

Listed by Michael Keller — Keller Properties

Listing Details

Status Active
MLS # 143247
Sold Date 1800-01-01
Price/Sq Ft $517

Property History

Jul 23, 2026
Listed for sale
$789,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,526
Lot Size 0.25 acres
Year Built 1998
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032262010000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Cul-De-Sac
View Forest
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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 — 1361 Tata Lane, South Lake Tahoe

Est. Annual Revenue
$43,141
Avg Nightly Rate
$229
Projected Occupancy
51.6%
Cap Rate
2.2%
Structural Score: 66 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,178 sq ft covered of 3,157 sq ft allowed
1,979 sq ft of coverage still available to add.
Parcel Size
10,524 sq ft
Allowed Coverage
3,157 sq ft · 30%
Existing Coverage
1,178 sq ft · 11%
Addable Coverage
1,979 sq ft
IPES Score
868.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($157,800)
Home price
$789,000
Loan details
30-yr fixed, 6.5%
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