$569,000 Active
1492 Mount Rainier Drive
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
·
864 Sq Ft
Virtual Tour

About This Property

This adorable cabin is a mountain sanctuary that's been thoughtfully refreshed, and is ready for its next owner. This charming retreat features two comfortable bedrooms and a versatile loft (3rd bedroom), creating an intimate atmosphere for anyone looking to embrace the high-altitude lifestyle. The home feels crisp and renewed thanks to the updated/remodeled bathroom, a fresh coat of paint inside and out, complemented by brand-new blinds on every window for a clean, finished look.Perhaps the best part? This home is being sold adorably furnished, making it a true turn-key opportunity where you can simply arrive and start relaxing. While the interior offers a snug and private feel, the majestic mountain peaks remain the star of the show, visible right from the comfort of the living space. Step out onto the sunny front deck to take in the crisp air and the stunning vistas that stretch across the horizon it's the perfect spot for a quiet morning coffee while soaking in the scenery.Practicality meets mountain charm with the inclusion of a 1-car garage, ideal for keeping your vehicle protected from the elements. Located in a prime spot for outdoor enthusiasts, this home puts you right in the center of world-class recreation. Whether you spend your days on the trails or the slopes, coming home to this comfortable and peaceful, fully furnished getaway is the ultimate reward.

Listed by Michelle Keck — Compass

Listing Details

Status Active
MLS # 143264
Sold Date 1800-01-01
Price/Sq Ft $659

Property History

Jul 25, 2026
Listed for sale
$569,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 864
Lot Size 0.25 acres
Year Built 1969
Property Type Single Family Residence
Style Cabin
Subdivision Mt View Estates 1
County El Dorado
STR Jurisdiction El Dorado County
APN 033471025000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater, Fireplace
📊

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 — 1492 Mount Rainier Drive, South Lake Tahoe

Est. Annual Revenue
$52,465
Avg Nightly Rate
$276
Projected Occupancy
52.2%
Cap Rate
3.7%
Structural Score: 61 / 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% ($113,800)
Home price
$569,000
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