$969,000 Active
1501 Crystal Air 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.
4 Beds
·
3.0 Baths
·
2,206 Sq Ft

About This Property

Once you step inside this home and you'll immediately feel the sense of space that defines this 2005-built home. The main living area features high vaulted ceilings and an open floor plan that makes the entire home feel airy and connected. Whether you're hanging out by the fireplace or prepping a meal in the kitchen, the layout flows naturally from one room to the next.With four bedrooms and three bathrooms, there is plenty of room for everyone to find their own corner. Outside, the fenced yard offers a private spot to unwind, complete with a hot tub that's ready for soaking after a long day. A two-car garage provides extra storage for gear and vehicles, keeping everything organized and out of the elements.It's a comfortable, well-maintained home that's ready for its next chapter. Currently an active short term rental and sells completely furnished. Close to the Upper Truckee River, numerous bike trails and paths, and world famous bouldering spots.

Listed by Michelle Keck — Compass

Listing Details

Status Active
MLS # 143195
Sold Date 1800-01-01
Price/Sq Ft $439

Property History

Jul 14, 2026
Listed for sale
$969,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,206
Lot Size 0.18 acres
Year Built 2005
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Paradise 48
County El Dorado
STR Jurisdiction El Dorado County
APN 081064003000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
View Mountains
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, 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 — 1501 Crystal Air Drive, South Lake Tahoe

Est. Annual Revenue
$50,740
Avg Nightly Rate
$287
Projected Occupancy
48.5%
Cap Rate
2.1%
Structural Score: 66 / 100 (Premium) · STR Zone: Red

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

Over coverage limit
2,218 sq ft covered of 2,191 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,006 sq ft
Allowed Coverage
2,191 sq ft · 27%
Existing Coverage
2,218 sq ft · 28%
Addable Coverage
0 sq ft
IPES Score
858.0
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% ($193,800)
Home price
$969,000
Loan details
30-yr fixed, 6.5%
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