$592,000 Active
1863 Normuk 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.
2 Beds
·
1.0 Baths
·
832 Sq Ft

About This Property

Beautiful setting and location for this lovingly cared for ranch style home. Located on a quiet cul-de-sac, pick up the 5.1 mile multi-use trail loop through Washoe Meadows State Park plus just a quick bike ride to Tahoe Paradise Park and Lake Baron. Enjoy the forest setting from the large sunny back deck as well as from the covered front deck. This single story home has a cabin feel with the free standing wood burning fireplace in the spacious living room. The dining area is open to the living room and kitchen which has lots of cabinet space, views of the forest and a door to access the back deck and large yard. Both bedrooms are spacious with wood paneling, fresh carpeting and good closet space. The bathroom has a ceramic tile tub/shower and nice vanity. The light fixtures have been updated and there are laundry hook-ups in the hall closet for a stack washer & dryer. The detached 2 car oversized garage has a covered walkway for easier access into the home. With this 10,890 SF lot, there is the potential to add on to the existing home or ready to enjoy as a second home or primary residence.

Listed by Madeleine Gutierrez — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 143045
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $712

Property History

Jun 11, 2026
Listed for sale
$592,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 832
Lot Size 0.25 acres
Year Built 1974
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Paradise 26
County El Dorado
STR Jurisdiction El Dorado County
APN 034572012000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Cul-De-Sac
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Electric, Baseboard, Fireplace
📊

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 — 1863 Normuk Street, South Lake Tahoe

Est. Annual Revenue
$38,202
Avg Nightly Rate
$264
Projected Occupancy
39.3%
Cap Rate
2.6%
Structural Score: 58 / 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
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% ($118,400)
Home price
$592,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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