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

Get homes like this by email

When a home like this lists in South Lake Tahoe at a similar price and size, we email you the same day. No account needed.

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 137
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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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
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 — 1851 Ibache Street, 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: 51 / 100 (Standard) · STR Zone: Red

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 ↗ 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

$4,752 per month
Principal & interest
$3,666/mo
Property taxes
$661/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
$425/mo
CA FAIR Plan + DIC estimate, ~$4,700–$5,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message