$625,000 Closed
1986 Cherokee Street
South Lake Tahoe, CA 96150
SOLD 2026-07-06
Sold for $625,000
3 Beds
·
2.0 Baths
·
1,176 Sq Ft
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About This Property

1986 Cherokee Street in South Lake Tahoe is a charming mountain home located in the desirable Meyers neighborhood near the Upper Truckee River, hiking trails, ski resorts, and outdoor recreation. The property features approximately 1,176 square feet of living space with 3 bedrooms, 2 bathrooms, and sits on a spacious 6,011 square foot lot. Built in 1981, the home offers classic Tahoe appeal with a comfortable layout ideal for full-time living, a vacation getaway, or investment potential.The neighborhood is known for its peaceful mountain setting, close proximity to Sierra-at-Tahoe, Heavenly, and Lake Tahoe beaches, while still being conveniently close to shopping, restaurants, and schools. The surrounding area features a mix of newer mountain homes and established Tahoe cabins, giving the property a welcoming alpine feel.Based on recent market information, homes in this area continue to see strong buyer interest due to the desirable Meyers location, outdoor lifestyle, and easy access to year-round recreation.

Listed by Marjorie Harris — Compass

Listing Details

Status Closed
MLS # 142974
Sold Date 2026-07-06
Sold Price $625,000
Price/Sq Ft $531

Property History

May 25, 2026
Listed for sale
$625,000
Current
Sold
$625,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,176
Lot Size 0.14 acres
Year Built 1981
Property Type Single Family Residence
Style Gambrel
Subdivision Tahoe Paradise
County El Dorado
STR Jurisdiction El Dorado County
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Roof Composition
Financial
HOA / Community South Tahoe Association of Realtors

STR Investment Summary — 1986 Cherokee Street, 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: 59 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,527 sq ft covered of 1,507 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,028 sq ft
Allowed Coverage
1,507 sq ft · 25%
Existing Coverage
2,527 sq ft · 42%
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

$2,800 – $3,200/yr
about $250/mo
Est. Rebuild Cost (Coverage A)
$493,920
FAIR Plan (fire)
$2,300/yr
DIC wrap (theft, water, liability)
$500 – $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
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