$1,845,000 Active
1925 Marconi Way
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
4 Beds
·
2.0 Baths
·
1,877 Sq Ft

Our data on this home

About This Property

Spectacular Tahoe Keys Water Front Living--with private dock and 3 boat slips!Experience the beauty of Lake Tahoe living in this exceptional four-bedroom, 2 bath waterfront home, ideally situated on a large .30 acre lot. With breathtaking, unobstructed views of the canal, this property offers a combination of natural beauty, tranquility, and the Tahoe lifestyle. Imagine stepping outside to your own private dock, with convenient access to the beautiful waterways of the Tahoe Keys and Lake Tahoe beyond. The expansive lot provides a sense of space and an exceptional setting for relaxing, outdoor entertaining, or simply enjoying the peaceful waterfront atmosphere. Whether you are seeking a year-round residence or a mountain retreat, this distinctive waterfront property offers an exceptional opportunity in one of Lake Tahoe's most desirable communities.

Listed by Sandra Dobronte — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143597
Price/Sq Ft $983

Property History

Oct 23, 2026
Listed for sale
$1,845,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2003 · county record $700,000 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 4
Baths 2.0
Sq. Ft. 1,877
Lot Size 0.30 acres
Year Built 1977
Property Type Single Family Residence
Style Contemporary
Subdivision Aloha Isle
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022241020000
Parking
Garage Spaces 2
Parking Features None
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip, Boat Dock
Lot Features Cul-De-Sac, Water Front
View Canal, Mountains
Construction Wood Frame, Wood Siding
Roof Pitched, Asphalt, Shingle
Foundation Concrete/Crawl Space, Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $1,685 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Hot Tub, Additional Parking, Security, Beach, Pier, Boat Launch, Park
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
60
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 — 1925 Marconi Way, 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: 60 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,998 sq ft covered of 3,096 sq ft allowed
1,097 sq ft of coverage still available to add.
Parcel Size
12,977 sq ft
Allowed Coverage
3,096 sq ft · 24%
Existing Coverage
1,998 sq ft · 15%
Addable Coverage
1,097 sq ft
Land Capability · TRPA-verified
6
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

$5,800 – $6,700/yr
about $521/mo
Est. Rebuild Cost (Coverage A)
$1,032,350
FAIR Plan (fire)
$4,800/yr
DIC wrap (theft, water, liability)
$1,000 – $1,900/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

$11,954 per month
Principal & interest
$9,329/mo
Property taxes
$1,683/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
$421/mo
From MLS listing data.
Home insurance
$521/mo
CA FAIR Plan + DIC estimate, ~$5,800–$6,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($369,000)
Home price
$1,845,000
Loan details
30-yr fixed, 6.5%
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