$1,150,000 Active
1864 Mewuk 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
·
3.5 Baths
·
2,130 Sq Ft

About This Property

Bordering miles of pristine U.S. Forest Service land, 1864 Mewuk Drive offers the kind of Tahoe setting that rarely comes to market. Step out your back door and into an endless network of hiking, biking, snowshoeing, cross-country skiing, and snowmobiling trails, all while enjoying the privacy, serenity, and mountain views that make North Upper Truckee one of South Lake Tahoe's most desirable neighborhoods.Designed for both everyday living and unforgettable mountain getaways, the thoughtfully designed floor plan features four bedrooms and four bathrooms, including a main-level primary suite with an en suite bath, ideal for single-level living or hosting guests. Upstairs, you'll find three additional bedrooms, two with private en suite bathrooms, providing comfort and privacy for family and visitors alike.Warm mountain character is showcased throughout with knotty alder doors and trim, rich hardwood and stone flooring, a wood-burning fireplace, and a spacious secondary family roomperfect for movie nights, game days, or creating a separate retreat for guests. The oversized two-car garage includes an EV charger and generous storage for all your Tahoe gear.Whether you're spending the day skiing Heavenly, paddling on Lake Tahoe, exploring miles of nearby trails, or simply relaxing on the deck beneath the pines, this home offers the perfect balance of adventure and tranquility. Located in the sought-after North Upper Truckee neighborhood, you're just minutes from world-class recreation, yet every return home feels like an escape from it all.Bring your skis, bikes, snowmobiles, and hiking boots1864 Mewuk Drive is your front-row seat to the Tahoe lifestyle.

Listed by Allison Meetze — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 143206
Sold Date 1800-01-01
Price/Sq Ft $540

Property History

Jul 16, 2026
Listed for sale
$1,150,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,130
Lot Size 0.24 acres
Year Built 1977
Property Type Single Family Residence
Style Chalet
Subdivision Tahoe Paradise 23
County El Dorado
STR Jurisdiction El Dorado County
APN 034471008000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame
Roof 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 — 1864 Mewuk Drive, South Lake Tahoe

Est. Annual Revenue
$51,584
Avg Nightly Rate
$295
Projected Occupancy
48.0%
Cap Rate
1.8%
Structural Score: 66 / 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
3,032 sq ft covered of 2,629 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,515 sq ft
Allowed Coverage
2,629 sq ft · 25%
Existing Coverage
3,032 sq ft · 29%
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% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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