$1,649,000 Active
1534 Cherry Hills Circle
South Lake Tahoe, CA 96150

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✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
4 Beds
·
2.5 Baths
·
2,567 Sq Ft
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Our data on this home

About This Property

Discover an inviting blend of mountain character, elevated finishes, and exceptional outdoor living at 1534 Cherry Hills Circle. Ideally situated at the border of Meyers and South Lake Tahoe, this fully furnished retreat offers a prime setting for enjoying Tahoe's natural beauty while staying connected to dining, shopping, and entertainment. A short walking trail leads to the Upper Truckee River, bringing riverside strolls and peaceful moments in nature close to home. With downtown South Lake Tahoe approximately 10 minutes away, the location places both outdoor adventure and everyday conveniences within easy reach.Offering approximately 2,567 square feet, four to five bedrooms, and three bathrooms, the home provides flexibility for hosting guests, creating a dedicated workspace, or accommodating a variety of living arrangements. Its generous bedroom count and thoughtfully upgraded spaces make it equally inviting for quiet weekends and lively gatherings. Offered fully furnished, the property allows you to settle in and begin enjoying mountain living from the start.Hardwood floors bring warmth and timeless appeal to the interior, complemented by high-end finishes and numerous upgrades throughout. The combination creates a polished yet comfortable atmosphere suited to every season, from snowy winter evenings to long summer weekends. Heated bathroom floors provide an especially welcome touch on cool Tahoe mornings, adding everyday comfort to the home's collection of desirable features.A dedicated sauna room offers a relaxing escape after a day spent exploring the mountains, while the outdoor hot tub provides another inviting place to unwind in the fresh alpine air. Together, these amenities bring a retreat-like quality to the property, with opportunities to recharge in the comfort of home.Outside, extensive landscaping and spacious patios extend the living experience into the outdoors. Enjoy morning coffee, leisurely meals, and evenings spent gathering with guests, with multiple areas to relax and appreciate the mountain setting. The landscaped grounds give the exterior a finished, welcoming feel, while the patios offer space to entertain or simply slow down between adventures.From its well-appointed interior and fully furnished offering to its sauna, hot tub, and inviting outdoor spaces, this home delivers comfort in a highly desirable Tahoe location. With the Upper Truckee River a short walk away and the conveniences of Meyers and South Lake Tahoe nearby, 1534 Cherry Hills Circle offers an exceptional place to embrace mountain living.

Listed by Danielle Roulet- Davy — eXp Realty of California

Listing Details

Status Active
MLS # 143599
Price/Sq Ft $642

Property History

Oct 22, 2026
Listed for sale
$1,649,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2023 $1,388,800 Walter GadomskiColdwell Banker Select R.E. —

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 4
Baths 2.5
Sq. Ft. 2,567
Lot Size 0.24 acres
Year Built 2023
Property Type Single Family Residence
Subdivision Country Club Heights 3
County El Dorado
STR Jurisdiction El Dorado County
APN 033292012000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Construction Wood Frame
Roof Composition
Foundation Slab
Utilities & Systems
Heating Fireplace, Radiant Heat-Floor
Cooling Central Refrig. A/C
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
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 — 1534 Cherry Hills Circle, 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: 64 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 2,010 sq ft allowed
2,010 sq ft of coverage still available to add.
Parcel Size
10,050 sq ft
Allowed Coverage
2,010 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
2,010 sq ft
IPES Score
886.0
Land Capability · TRPA-verified
IPES

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

$6,000 – $7,000/yr
about $542/mo
Est. Rebuild Cost (Coverage A)
$1,078,140
FAIR Plan (fire)
$5,000/yr
DIC wrap (theft, water, liability)
$1,000 – $2,000/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

$10,384 per month
Principal & interest
$8,338/mo
Property taxes
$1,504/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
$542/mo
CA FAIR Plan + DIC estimate, ~$6,000–$7,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($329,800)
Home price
$1,649,000
Loan details
30-yr fixed, 6.5%
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