$839,900 $859,900 ↓ $20,000 reduced Active Under Contract
1556 Ojibwa Street
South Lake Tahoe, CA 96150
✗ 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
·
2.0 Baths
·
2,268 Sq Ft

About This Property

A Mountain Modern Tahoe Home at an Irresistible $839,900!Fall in Tahoe brings a renewed sense of change dazzling autumn color, cool crisp evenings, and the simple pleasure of gathering around a warm fireplace. And there may be no better place to enjoy it all than this inviting Mountain Modern 4-bedroom, 2-bath home, now offered at $839,900.Set on an oversized 1/3-acre lot backing to the forest, this well-cared-for 2,268 sq. ft. split-level contemporary home offers the space, flexibility and setting that make Tahoe living so special. Windows galore bring the outdoors in, capturing peaceful forest views and bathing the home in beautiful natural light throughout the day.The flexible floor plan is especially appealing for families and guests, featuring two primary bedrooms one on each level along with a street-level office/4th bedroom with its own exterior entrance. Whether you need a private workspace, guest quarters, room for extended family, or simply space for everyone to spread out, this home adapts beautifully to the way you live.All three downstairs bedrooms offer easy access to the outdoors, while the expansive natural grounds provide plenty of room to relax, entertain, play and enjoy Tahoe's four distinct seasons. The oversized garage adds another layer of practicality, with room for vehicles, bikes, gear and all the toys that come with mountain living.Well maintained, wonderfully flexible and surrounded by nature, this is the kind of Tahoe home that invites you to settle in, slow down and stay awhile.And at $839,900, this exceptional combination of space, setting and versatility is ready to welcome its next chapter.There's no place like home come make this Tahoe home yours.

Listed by Debra Howard — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 143523
Days on Market 4
Sold Date 1800-01-01
Price/Sq Ft $370

Property History

Sep 24, 2026
Listed for sale
$859,900
Sep 25, 2026
Price reduced
$839,900 $859,900 ↓ $20,000
Sep 28, 2026
Pending
$839,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2001 · county record $281,000 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 4
Baths 2.0
Sq. Ft. 2,268
Lot Size 0.31 acres
Year Built 2001
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Paradise 47
County El Dorado
STR Jurisdiction El Dorado County
APN 034693014000
Exterior & Lot
Exterior Features Storage Shed
Lot Features Adjacent to Forest
View Mountains, Valley
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
65
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 — 1556 Ojibwa Street, 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: 65 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,165 sq ft covered of 3,414 sq ft allowed
1,249 sq ft of coverage still available to add.
Parcel Size
13,655 sq ft
Allowed Coverage
3,414 sq ft · 25%
Existing Coverage
2,165 sq ft · 16%
Addable Coverage
1,249 sq ft
IPES Score
869.0
Land Capability · TRPA-verified
IPES
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

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

$5,930 per month
Principal & interest
$4,247/mo
Property taxes
$766/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
$917/mo
CA FAIR Plan + DIC estimate, ~$9,200–$12,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($167,980)
Home price
$839,900
Loan details
30-yr fixed, 6.5%
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