$725,000 $789,000 ↓ $64,000 reduced 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 compliant wood-burning fireplace insert, ideal for relaxing evenings. The home boasts dual-pane vinyl-frame windows for energy efficiency and a two year old roof for peace of mind. A 2-car garage and an extra-long 4-car driveway long enough to fit a large RV and 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 government owned 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. Easy access to Highway 50 and Pioneer Trail and just 3.4 miles to the Y area where you will find dining options, a wellness lounge, coffee shop, boutique stores, Raleys, Ulta and Big 5 Sporting Goods.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.Asking AI when does Elks Club Dr get plowed:Elks Club Drive is classified as a primary "arterial" and main snow route by El Dorado County Transportation. Because of this, it is treated as a top-priority road and is typically plowed on a continuous 24/7 basis during active storms, usually within the first 12-24 hours.

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

Listing Details

Status Active
MLS # 142888
Days on Market 61
Sold Date 1800-01-01
Price/Sq Ft $487

Property History

May 18, 2026
Listed for sale
$725,000
Jun 23, 2026
Price changed
$749,000
Jul 17, 2026
Price changed
$725,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,490
Lot Size 0.23 acres
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 RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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
$249
Projected Occupancy
48.5%
Cap Rate
2.4%
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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,045 sq ft covered of 2,029 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,145 sq ft
Allowed Coverage
2,029 sq ft · 20%
Existing Coverage
2,045 sq ft · 20%
Addable Coverage
0 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% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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