$789,000 Active
1802 Elks Club Drive
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.
4 Beds
·
2.0 Baths
·
1,490 Sq Ft
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About This Property

This beautifully remodeled 2022 single-level 4 bedroom, 2 bathroom home offers the perfect blend of modern comfort and outdoor living in a peaceful, private setting.Step inside to find a bright, open floor plan refreshed with all-new interior paint, stylish new flooring, and updated bathrooms. The spacious living area features a cozy wood-burning fireplace insert, ideal for relaxing evenings. The home boasts dual-pane vinyl-frame windows for energy efficiency and a newer roof for peace of mind. A large 2-car garage and an extra-long 2-car driveway provide plenty of parking and storage.Outside, the fully fenced backyard is an entertainer's dream with a relaxing hot tub and a charming treehouse that kids (and adults) will love. The oversized 10,000+ sq ft lot offers ample space to play, garden, or simply enjoy the fresh mountain air, while the unbuildable lot next door ensures exceptional privacy and a spacious, park-like feel.Just down the street from the Upper Truckee River, this is an outdoor lover's paradise with easy access to world-class bike trails, golfing, and Tahoe Paradise Park complete with picnic areas, tennis courts, a playground, and summer activities for the whole family. Plus, the home is just a short drive to town for shopping, dining, nightlife, and more.Whether you're looking for year-round adventure or a serene mountain retreat, this turn-key home delivers it all. A rare opportunity to own a fully updated single-level home in one of the most desirable South Lake Tahoe locations. Ready for its next chapter schedule your showing today

Listed by Lorie Jacobs-Chapman — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142888
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $530

Property History

May 09, 2026
Listed for sale
$789,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,490
Lot Size 0.23 acres
Stories 1
Year Built 1965
Property Type Single Family Residence
Style Contemporary
Subdivision Country Club Heights 3
County El Dorado
STR Jurisdiction El Dorado County
APN 033306002000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest
Construction Wood Frame
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 — 1802 Elks Club Drive, South Lake Tahoe

Est. Annual Revenue
$44,014
Avg Nightly Rate
$452
Projected Occupancy
28.8%
Cap Rate
2.2%
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($157,800)
Home price
$789,000
Loan details
30-yr fixed, 6.5%
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