$950,000
1982 Cherokee Street
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
3 Beds
·
2.5 Baths
·
2,274 Sq Ft

About This Property

Transform this stunning, furnished home into your own mountain escape in the Olympic Athlete Producing Community of Meyers! The upstairs living area features an open floor plan with vaulted ceilings, recessed lighting, and large windows that flood the space with natural light. The living area is ideal for hosting guests with a cozy gas fireplace, a half bath, and sliding glass doors that open to a spacious deck. The kitchen/dining area has Oak cabinets, granite countertops, a gas stove, a built-in desk, and laminate wood flooring. The main bedroom is generously sized, complete with his and hers closets and an en-suite bathroom that includes a luxurious jetted tub, shower, and dual sink vanity. The downstairs features two generously sized guest rooms, a full bath with a shower/tub combo, a laundry room, and a family/game room. The fully fenced backyard includes a large deck and hot tub. Plus, there's a large 2-car garage that provides plenty of space for all your mountain living gear, as well as RV/boat parking. A real bonus for this community is Something that the locals really enjoy about the Meyers community is that you're close to Tahoe Paradise Park https://www.tahoeparadisepark.com/ . It's very cool to ride your bikes over and take advantage of this local gem.

Listed by Michael Owen — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142650
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $418

Property History

Apr 01, 2026
Listed for sale
$950,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,274
Lot Size 0.14 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034266025000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Bear-Proof Trash Can
View Mountains
Construction Wood Frame,Wood Siding
Roof Composition
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
Annual Tax $9,839
HOA / Community South Tahoe Association of Realtors
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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 — 1982 Cherokee Street, South Lake Tahoe

Est. Annual Revenue
$55,194
Avg Nightly Rate
$432
Projected Occupancy
34.7%
Cap Rate
2.3%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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