$1,065,000
1724 Mohican 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
·
2.5 Baths
·
3,189 Sq Ft
Virtual Tour

About This Property

Craftsmanship and character welcome you to this 4 bed, 2.5 bath Tahoe Paradise home mostly constructed in 2004 on a premium choice 1/4 acre parcel across from forest service conservancy land. Curb appeal begins with a timeless barrel-vault entry, guiding you to the stained-glass front door and into the foyer and mudroom. A second entrance is through the heated garage, which is deep enough for a full-sized pickup on one side and includes a central floor drain for winter vehicle snowmelt.Both entries open to the dining area with hardwood floors, a wood stove for emergency heating, butler's and food pantries, and the current kitchen featuring a Wolf gas range, Corian countertops, and stainless appliances. Designs are available for adding a kitchen island or keeping the existing footprint and tailoring the space to your dreams. The front portion of the home further offers 2 downstairs bedrooms, 1.5 baths, laundry in the hallway, and additional storage.The kitchen and hallway each flow into the living room with a stone fireplace and oak hearth, all part of the 2004 expansion when award-winning architect, Brian Shinault AIA, seamlessly added the entire back section, all of the upstairs, and the garage- together making up roughly two-thirds of the home. At that time, blasting also created a rare 556 sq ft basement (not included in square footage) with window egress and ducting in place to easily add heating vents. Currently used as a home builder's workshop with another separate storage room, this extra space is ready to become a gym, office, wine cellar, gaming room, or additional living area. This home was built to a higher standard with no expenses spared.Upstairs, oak stairs with cherry nosing lead to the primary suite with soaring ceilings, water-sensing opening and closing skylights, window seating with storage, a walk-in closet, and a spa-like bath featuring a steam shower, bubbler tub with heated backrest, and stunning forest views. An exercise or reading room with skylight completes this level.Also built in 2004 are the garage and a spacious bedroom or bonus family room above the garage. This space is complete with a large closet with remote operated skylight and window. Plumbing connections are already in place in the wall below this closet and a schematic is available to convert the space into a bathroom and easily make this section of the home a second primary suite. Additional remote skylights brighten this front upstairs living area and are also found over the downstairs living room and kitchen. The exterior doors and most of the windows in the home are Andersen, and replacing a few smaller downstairs bedroom windows with larger ones would further embrace the forest views and natural lighting.Well built, thoughtfully designed, meticulously maintained, this home offers extraordinary value and flexibility on a premium parcel within a sought-after Tahoe neighborhood.

Listed by Michael Kohl — Michael Kohl, BROKER

Listing Details

Status Active
MLS # 142697
Sold Date 1800-01-01
Price/Sq Ft $334

Property History

Mar 11, 2026
Listed for sale
$1,065,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,189
Lot Size 0.25 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
Subdivision Tahoe Paradise 9
County El Dorado
STR Jurisdiction El Dorado County
APN 034151004000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame,Masonry,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
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 — 1724 Mohican Drive, South Lake Tahoe

Est. Annual Revenue
$66,286
Avg Nightly Rate
$716
Projected Occupancy
25.4%
Cap Rate
2.5%
Structural Score: 69 / 100 (Premium) · 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% ($213,000)
Home price
$1,065,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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