$1,588,000 Active
1468 June Way
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.
6 Beds
·
3.0 Baths
·
3,007 Sq Ft

Get homes like this by email

When a home like this lists in South Lake Tahoe at a similar price and size, we email you the same day. No account needed.

About This Property

Experience the ultimate mountain lifestyle from this beautifully updated and fully furnished Tahoe retreat, situated just steps from the slopes of Heavenly Ski Resort's California Base Lodge! Offering six bedrooms, three bathrooms, and a two-car garage, this spacious mountain home combines the warmth and character of a classic Tahoe lodge with modern amenities, upscale finishes, and exceptional indoor and outdoor entertaining spaces.Designed to accommodate large gatherings while providing plenty of room to spread out, the home features two expansive living areas, each with its own distinctive appeal. The lower-level great room showcases a natural granite rock fireplace, comfortable gathering space, and an open-concept design connecting the living room, dining area, and beautifully updated chef's kitchen. Culinary enthusiasts will appreciate the premium Wolf six-burner gas range, granite slab countertops, stainless steel appliances, farmhouse sink, wine refrigerator, and custom cabinetry. The dining area provides seating for ten and opens to an expansive outdoor deck, creating an ideal setting for entertaining family and friends. The upper level offers an impressive second living area with soaring vaulted ceilings, warm wood accents, and large windows that capture beautiful mountain views. Designed as the ultimate entertainment lounge, this inviting space features an eight-foot pool table, shuffleboard, a wet bar with wine refrigerator and wet bar, and direct access to an elevated deck overlooking Heavenly's ski slopes. Whether enjoying morning coffee while watching skiers descend the mountain or relaxing after a day of adventure, the setting is truly special. With six generously sized bedrooms, including a king primary suite with a private bathroom, the home provides comfortable accommodations for family and guests. The three bathrooms feature tasteful updates, including rainfall showerheads, contemporary vanities, and a spacious dual-shower bathroom with separate rainfall showers. An indoor sauna adds another luxurious touch, providing the perfect place to unwind after a day on the mountain. Outdoor living is equally impressive, with two spacious decks offering mountain views, outdoor dining areas, and BBQs. A private eight-person hot tub creates the perfect aprs-ski retreat, while the yard offers additional space for outdoor recreation and relaxation.Just steps from Heavenly's California Base Lodge and ski lifts, this property offers convenient access to world-class skiing and snowboarding, while Lake Tahoe's beautiful beaches, hiking and biking trails, restaurants, shopping, and entertainment are just minutes away.1468 June Way offers an outstanding combination of location, comfort, luxury, and the quintessential Lake Tahoe lifestyle! Be sure to ask about seller financing terms as well!</d

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143570
Price/Sq Ft $528

Property History

Oct 12, 2026
Listed for sale
$1,588,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $1,300,000 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 6
Baths 3.0
Sq. Ft. 3,007
Lot Size 0.17 acres
Year Built 1976
Property Type Single Family Residence
Subdivision Tahoe Highlands
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 030581004000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains, Forest, Ski Resort
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
77
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 — 1468 June Way, 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: 77 / 100 (Luxury) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,720 sq ft covered of 1,453 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,265 sq ft
Allowed Coverage
1,453 sq ft · 20%
Existing Coverage
1,720 sq ft · 24%
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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$7,100 – $8,300/yr
about $642/mo
Est. Rebuild Cost (Coverage A)
$1,262,940
FAIR Plan (fire)
$5,900/yr
DIC wrap (theft, water, liability)
$1,200 – $2,400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$10,121 per month
Principal & interest
$8,030/mo
Property taxes
$1,449/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.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$642/mo
CA FAIR Plan + DIC estimate, ~$7,100–$8,300/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($317,600)
Home price
$1,588,000
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