$625,000 Active
1923 Arrowhead Avenue
South Lake Tahoe, CA 96150

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✗ 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.
3 Beds
·
2.0 Baths
·
1,924 Sq Ft

Our data on this home

About This Property

Tahoe Character, Room to Grow, and Freedom to Make It Your Own.Set on a spacious .23-acre lot in the peaceful Meyers neighborhood, 1923 Arrowhead offers flexible living space and possibilities for the future. Comfortable and livable in its present condition, this home invites new owners to settle in, enjoy the surroundings, and make improvements over time to reflect their own style.Set back from the street for added privacy with the convenience of main-level living. The primary living areas and bedrooms all located on the ground floor. The living room features laminate wood flooring, a stone hearth, and a wood-burning insert that brings warmth and classic mountain character to the space. Beyond the living room, a generously sized dining area opens to a spacious kitchen, offering plenty of room to envision a fresh design. Natural slate flooring extends through both areas, adding texture and character. A sunny pantry area off the kitchen provides storage and utility space. One of the home's most appealing features is a light-filled sun room adjoining the kitchen and dining area. Surrounded by windows, this versatile space lends itself beautifully to a home office, indoor garden retreat, hobby room, or a peaceful spot to relax and enjoy the natural light.Two additional bedrooms and a guest bathroom are conveniently situated off the dining area. Upstairs is a large partially finished loft/ storage area, which introduces even more possibilities for creative use and future improvements, subject to applicable requirements.The outdoor setting is equally inviting. The spacious side and rear yards offer a sun-drenched open palette ideal for gardening, outdoor entertaining, recreation, or simply enjoying Tahoe's mountain environment. Unbuildable govt. land beyond the backyard. A two-car garage offers convenient parking and additional storage.The location puts Tahoe's outdoor lifestyle within easy reach. Less than a mile away, Tahoe Paradise Park and Lake Baron offer opportunities for fishing, picnicking, and outdoor recreation. Nearby golf courses, bike routes, hiking trails & cross-country skiing provide endless ways to enjoy the surrounding mountains, while Heavenly and Sierra-at-Tahoe are convenient destinations for winter adventures.Recently installed are brand new carpet in the bedrooms, sheetrock/ drywall, fresh paint, and new pine doors/ trim throughout. Another bonus is the brand new roof, installed in 2025. Priced to reflect its current condition, the property offers buyers the flexibility to enjoy the home today while planning tomorrow's enhancements.***Some marketing photos include AI generated design ideas illustrating potential improvements to kitchen & loft areas. These images do not reflect currentcondition. Buyers should verify square footage, permits, and the feasibilty of pro

Listed by Jaime Souers — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143567
Price/Sq Ft $325

Property History

Oct 20, 2026
Listed for sale
$625,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2002 · county record $265,000 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 3
Baths 2.0
Sq. Ft. 1,924
Lot Size 0.23 acres
Year Built 1958
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034294011000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
66
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 — 1923 Arrowhead Avenue, 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: 66 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,594 sq ft covered of 2,516 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,063 sq ft
Allowed Coverage
2,516 sq ft · 25%
Existing Coverage
2,594 sq ft · 26%
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

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,600 – $5,300/yr
about $412/mo
Est. Rebuild Cost (Coverage A)
$808,080
FAIR Plan (fire)
$3,800/yr
DIC wrap (theft, water, liability)
$800 – $1,500/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$4,143 per month
Principal & interest
$3,160/mo
Property taxes
$570/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
$413/mo
CA FAIR Plan + DIC estimate, ~$4,600–$5,300/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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