$849,000 Active
1581 Estate Court
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
·
2.0 Baths
·
1,723 Sq Ft

About This Property

You will be hard pressed to find a more private and serene setting than where this beautiful home sits. Surrounded by public lands on all sides and only one of two homes on the cul-de-sac with views of the mountains and Pie Shop - this is a property that takes you to that relaxed and rejuvenated place. The cathedral style ceilings in the living room plus the walls of windows invite the stunning setting in, while the gas fireplace adds warmth to the space. The kitchen has a large island and stainless appliances. Off the kitchen sits the deck - the perfect place to soak in the cool Tahoe evenings. The main level also offers two bedrooms, a full bathroom, the laundry and garage. Downstairs, the spacious primary suite has several closets and an updated bathroom. Just minutes to miles of trails, the beaches, world-class ski resorts and all that South Shore has to offer - this is the mountain dream you've been waiting for!

Listed by Chris Hernandez — Compass

Listing Details

Status Active
MLS # 142988
Sold Date 1800-01-01
Price/Sq Ft $493

Property History

May 28, 2026
Listed for sale
$849,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,723
Lot Size 0.33 acres
Stories 2
Year Built 1962
Property Type Single Family Residence
Subdivision Mt View Estates 2
County El Dorado
STR Jurisdiction El Dorado County
APN 033481029000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
Lot Features Cul-De-Sac,Adjacent to Forest
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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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 — 1581 Estate Court, South Lake Tahoe

Est. Annual Revenue
$44,645
Avg Nightly Rate
$369
Projected Occupancy
33.3%
Cap Rate
2.1%
Structural Score: 68 / 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% ($169,800)
Home price
$849,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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