$725,000 $749,000 ↓ $24,000 reduced Active
1851 Ibache Street
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.
5 Beds
·
3.0 Baths
·
2,000 Sq Ft

About This Property

Welcome to your mountain retreat in the heart of South Lake Tahoe! This classic 5-bedroom, 3-bath cabin perfectly blends rustic charm with modern comfort, offering an inviting escape in one of Tahoe's most desirable county locations.Step inside to discover warm wood finishes and a cozy stone fireplace that anchors the spacious great room. The open-concept layout connects the living, dining, and kitchen areas, creating the ideal gathering space for family and friends. The updated kitchen features generous counter space, and bar seating for casual meals after a long day outdoors.Upstairs, the vaulted A-frame design adds to the authentic Tahoe feel, with a versatile middle area perfect for a game room, media lounge, or extra guest space and two large bedrooms.Enjoy true indoor-outdoor living on the expansive deck, set among the towering pines. Ideal for morning coffee, evening barbecues, or simply relaxing in the crisp alpine air. With ample space for entertaining and room to unwind, this property embodies the Tahoe lifestyle.Located in the county, you're just minutes from world-class skiing, hiking and biking trails, the lake, and Stateline's dining and entertainment.This is the quintessential Tahoe cabin you've been waiting for whether as a primary residence, second home, or mountain getaway.

Listed by Shannon Witt — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142945
Days on Market 91
Sold Date 1800-01-01
Price/Sq Ft $362

Property History

May 22, 2026
Listed for sale
$749,000
Aug 07, 2026
Price reduced
$725,000 $749,000 ↓ $24,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2005 · county record $466,000 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.

Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,000
Lot Size 0.14 acres
Year Built 1978
Property Type Single Family Residence
Style Cabin
Subdivision Tahoe Paradise Addition 5
County El Dorado
STR Jurisdiction El Dorado County
APN 080082016000
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Wood Siding
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 Standard
51
PROJECTED GROSS ANNUAL REVENUE
$37K – $90K typically ~$64,767
~$5,397 per month
Avg Nightly
$368
Occupancy
48%
Cap Rate
3.6%

STR Investment Summary — 1851 Ibache Street, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$37K – $90K
typically ~$64,767
Avg Nightly Rate
$368
Projected Occupancy
48.2%
Cap Rate
3.6%
Structural Score: 51 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,495 sq ft covered of 1,501 sq ft allowed
7 sq ft of coverage still available to add.
Parcel Size
6,005 sq ft
Allowed Coverage
1,501 sq ft · 25%
Existing Coverage
1,495 sq ft · 25%
Addable Coverage
7 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 ↗

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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