$625,000 Active
1588 Oglala Street
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.
2 Beds
·
1.0 Baths
·
1,135 Sq Ft

About This Property

Quintessential Tahoe A-Frame with Modern UpdatesThis turnkey Tahoe A-frame blends classic mountain character with thoughtful modern updates. Offering 2 bedrooms, a loft, and 1 bathroom, the home sits on an oversized 15,000 sq. ft. lot in a quiet neighborhood.The fully remodeled kitchen features new cabinetry, quartz countertops, updated appliances, and a retro-inspired refrigerator with modern functionality, blending vintage character with contemporary convenience. Additional interior upgrades include luxury vinyl plank flooring throughout, a metal spiral staircase, an bathroom vanity, and an efficient split-system providing both heating and air conditioning.The double lot offers exceptional outdoor space with room to relax, entertain, or expand your vision. A spacious back deck is perfect for gatherings, and hot tub hookups are already in place.Additional features include an oversized heated one-car garage with high ceilings, a cozy wood-burning stove for supplemental heat, on-demand gas water heater, updated electrical panel, double-pane vinyl windows throughout, and an paver driveway.Ideally located just minutes from Meyers amenities, two renowned Tahoe golf courses, Tahoe Paradise Park, and Lake Baron. Enjoy easy access to Pope Beach and the crystal-clear waters of South Lake Tahoe, only 8 miles away. For winter recreation, this property is perfectly positioned between South Shore's premier ski destinations, including Heavenly, Sierra-at-Tahoe, and Kirkwood.

Listed by Alora Reynolds — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143250
Sold Date 1800-01-01
Price/Sq Ft $551

Property History

Jul 23, 2026
Listed for sale
$625,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,135
Lot Size 0.36 acres
Year Built 1975
Property Type Single Family Residence
Style A-Frame
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034722044000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Baseboard, Wood, Fireplace, Heat Pump
Cooling Other/See Remarks
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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 — 1588 Oglala Street, South Lake Tahoe

Est. Annual Revenue
$39,748
Avg Nightly Rate
$203
Projected Occupancy
53.7%
Cap Rate
2.5%
Structural Score: 67 / 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

Room to build
1,606 sq ft covered of 4,708 sq ft allowed
3,102 sq ft of coverage still available to add.
Parcel Size
15,692 sq ft
Allowed Coverage
4,708 sq ft · 30%
Existing Coverage
1,606 sq ft · 10%
Addable Coverage
3,102 sq ft
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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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