$699,999 $789,000 ↓ $89,001 reduced Active
1802 Elks Club Drive
South Lake Tahoe, CA 96150
✗ 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.
4 Beds
·
2.0 Baths
·
1,490 Sq Ft
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About This Property

Remodeled in 2022 this 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 engineered flooring and updated bathrooms and kitchen. 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.One of the greatest advantages isn't just the home itselfit's the lifestyle that comes with its exceptional setting.Unlike many homes located in the heart of town, where houses are often built close together with limited yard space and neighboring homes just a few feet away, this property enjoys an open, park-like atmosphere. The oversized 10,000+ square foot lot, combined with the government-owned parcel next door, creates a feeling of space, privacy, and openness that most in-town neighborhoods simply cannot match.The surrounding open space provides a feeling of being in the mountains while you entertain, garden, or simply enjoy the peaceful mountain environment from the spacious backyard without feeling boxed in by neighboring homes. Mature trees, nearby forest, and abundant natural surroundings create a setting where wildlife is often seen and outdoor recreation begins right outside your front door.Just moments away are the Upper Truckee River, Tahoe Paradise Park, miles of hiking and biking trails, and nearby golf, making it easy to embrace the Tahoe lifestyle. Yet despite it.s tranquil setting, shopping, restaurants, and daily conveniences remain just a short drive away.For buyers comparing homes, the value extends beyond square footage. While many in-town properties offer similar-sized homes on smaller lots with limited privacy, 1802 Elks Club Drive provides something that cannot easily be duplicated or remodeledlasting open space, natural privacy, and a true mountain setting. Those qualities not only enhance everyday enjoyment but also help preserve long-term desirability in a market where privacy and access to nature continue to be highly sought after.Furnishings negotiable outside of escrow.

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

Listing Details

Status Active
MLS # 142888
Days on Market 142
Price/Sq Ft $470

Property History

May 18, 2026
Listed for sale
$789,000
Jun 23, 2026
Price changed
$749,000
Jul 17, 2026
Price reduced
$725,000 $749,000 ↓ $24,000
Jul 31, 2026
Pending
$725,000
Aug 12, 2026
Relisted
$725,000
Sep 21, 2026
Price reduced
$699,999 $725,000 ↓ $25,001

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2022 · county record $655,000 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 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
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
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 — 1802 Elks Club Drive, 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: 64 / 100 (Premium) · STR Zone: Red

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. 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

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

$4,496 per month
Principal & interest
$3,540/mo
Property taxes
$639/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
$317/mo
CA FAIR Plan + DIC estimate, ~$3,500–$4,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($140,000)
Home price
$699,999
Loan details
30-yr fixed, 6.5%
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