$538,000 Active
1978 Cherokee 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.
3 Beds
·
2.0 Baths
·
1,320 Sq Ft
Virtual Tour

About This Property

Located in the Meyers area of South Lake Tahoe, this charming 3-bedroom, 2-bathroom chalet offers 1,320 square feet of comfortable mountain living on a flat, sunny lot. Conveniently located near Tahoe Paradise Park, Meyers Elementary School, and Lake Baron, this home also enjoys easy access to the beaches of Lake Tahoe, Sierra-at-Tahoe Resort, and miles of hiking and biking trails.The inviting living area features a cozy gas fireplace, creating a warm and welcoming space to gather with family and friends. The adjoining kitchen offers wood cabinetry and granite slab countertops.The functional floor plan includes one bedroom and a full bathroom on the main level, while upstairs you'll find two additional bedrooms featuring classic open-beam ceilings that add to the home's mountain character.Outside, the fully fenced backyard is perfect for relaxing with a spacious composite deck and a large storage shed for all of your Tahoe gear. Additional features include a newer metal roof and dual-pane windows for lasting durability and energy efficiency.Whether you're searching for a full-time residence or a vacation getaway, this well-maintained Meyers chalet offers a fantastic location and a comfortable mountain lifestyle close to everything South Lake Tahoe has to offer.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143112
Sold Date 1800-01-01
Price/Sq Ft $408

Property History

Jun 25, 2026
Listed for sale
$538,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,320
Lot Size 0.14 acres
Year Built 1972
Property Type Single Family Residence
Style Chalet
Subdivision Juniper Park
County El Dorado
STR Jurisdiction El Dorado County
APN 034266026000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame
Roof Pitched,Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Wall or Space Heater
Cooling Natural Gas,Wall or Space Heater
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 1978 Cherokee Street, South Lake Tahoe

Est. Annual Revenue
$45,662
Avg Nightly Rate
$319
Projected Occupancy
39.5%
Cap Rate
3.4%
Structural Score: 57 / 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% ($107,600)
Home price
$538,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373