$1,099,000
1575 Crystal Air Drive
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
4 Beds
·
3.5 Baths
·
3,024 Sq Ft
Virtual Tour

About This Property

Welcome to this charming home nestled in the heart of South Lake Tahoe. This updated beauty offers four bedrooms and three and a half bathrooms, spread across a spacious 3,024 square feet, with a generous 11,326 square foot lot that gives you plenty of room to stretch out and enjoy.Step inside and you'll find a warm and inviting layout that's great for both relaxed living and hosting. There's a fantastic bonus room downstairs that's perfect for a game room or whatever else you fancy. The kitchen, equipped with modern amenities, is adjacent to the dining and living areas, making it a cozy spot for whipping up meals while still being close to the action during gatherings with friends and family.The master suite is your personal getaway with an en-suite bath that feels like a mini retreat. Plus, there are three more bedrooms and two and a half baths that offer comfort for everyone. A handy laundry room adds to the home's convenience.Out back, the large backyard is a real standout. It's an awesome space for entertaining, with the sellers currently set up with a volleyball court and plenty of seating areas to hang out with friends. Whether you're hosting a weekend BBQ or enjoying a quiet morning, this space is ready for fun. Come see how this fantastic home can fit your lifestyle in one of South Lake Tahoe's favorite neighborhoods!View the Matterport Virtual Tour-https://www.homes.com/customer/dashboard/listings/?t=3&s=15&tab=1&dk=fzb8mew3dwk40

Listed by Michelle Keck — Compass

Listing Details

Status Active
MLS # 142097
Days on Market 225
Sold Date 1800-01-01
Price/Sq Ft $363

Property History

Aug 20, 2025
Listed for sale
$1,099,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,024
Lot Size 0.26 acres
Stories 3
Year Built 1976
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Paradise 48
County El Dorado
STR Jurisdiction El Dorado County
APN 081085010000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Slab
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 1575 Crystal Air Drive, South Lake Tahoe

Est. Annual Revenue
$69,058
Avg Nightly Rate
$678
Projected Occupancy
29.0%
Cap Rate
2.5%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($219,800)
Home price
$1,099,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444