$599,000 $625,000 ↓ $26,000 reduced Active
1588 Oglala Street
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.
2 Beds
·
1.0 Baths
·
1,135 Sq Ft
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Our data on this home

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
Days on Market 97
Price/Sq Ft $528

Property History

Jul 23, 2026
Listed for sale
$625,000
Aug 18, 2026
Price reduced
$599,000 $625,000 ↓ $26,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2021 · county record $550,000 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 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
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
69
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 — 1588 Oglala 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: 69 / 100 (Premium) · STR Zone: Red

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. 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

$2,600 – $3,100/yr
about $238/mo
Est. Rebuild Cost (Coverage A)
$476,700
FAIR Plan (fire)
$2,200/yr
DIC wrap (theft, water, liability)
$400 – $900/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

$3,813 per month
Principal & interest
$3,029/mo
Property taxes
$546/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
$238/mo
CA FAIR Plan + DIC estimate, ~$2,600–$3,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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