$595,000 Active
1409 Mount Shasta Circle
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.
3 Beds
·
1.0 Baths
·
1,368 Sq Ft

About This Property

Classic Tahoe chalet with original character, privacy, and exceptional potential. Located across from U.S. Forest Service land and bordering a California Conservancy parcel, this property enjoys a peaceful setting surrounded by open space and natural beauty. Inside, the open floor plan features exposed beams and authentic mountain charm, while two spacious upstairs bedrooms with vaulted ceilings create a comfortable retreat. One bedroom offers peek a boo mountain views.A rare highlight is the large detached two car garage with an expansive storage area above, perfect for outdoor gear, a workshop, hobby space, or future possibilities. Outdoor recreation begins right from your doorstep. Walk to neighborhood trails connecting to Angora Ridge for hiking, mountain biking, and backcountry skiing, with access to Gunnmount Trail and Angora Creek Trail nearby. Fallen Leaf Lake is just minutes away.The naturally landscaped backyard provides a beautiful setting and a blank canvas for future outdoor living spaces. Rich with classic chalet character, this home offers a unique opportunity for buyers with vision to restore, renovate, and create a personalized Tahoe retreat. Whether preserving its timeless mountain appeal or thoughtfully updating it for modern living, the possibilities are endless in one of South Lake Tahoe's most sought after outdoor recreation corridors.

Listed by Jessica Crase — Compass

Listing Details

Status Active
MLS # 143035
Days on Market 7
Sold Date 1800-01-01
Price/Sq Ft $435

Property History

Jun 03, 2026
Listed for sale
$595,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,368
Lot Size 0.26 acres
Stories 2
Year Built 1970
Property Type Single Family Residence
Style Chalet
Subdivision Mt View Estates 2
County El Dorado
STR Jurisdiction El Dorado County
APN 033484015000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater,Wood
Cooling Wall or Space Heater,Wood
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 — 1409 Mount Shasta Circle, South Lake Tahoe

Est. Annual Revenue
$41,231
Avg Nightly Rate
$315
Projected Occupancy
36.1%
Cap Rate
2.8%
Structural Score: 63 / 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% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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