$527,000 Active

2065 Lukins 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.

3 Beds

1.0 Baths

1,180 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 1,980 of 1,594 sq ft used Home insurance $2,800 – $3,200/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

The Perfect Cabin! Adorable 3 bedroom cabin with oversized garage. Freshly painted throughout and ready to occupy. Cute fenced in yard with decking in a family friendly quiet neighborhood close to the Tahoe Keys, Beaches, and Camp Richardson. Priced competitively under market for quick sale!

Listed by Nancy Beaulieu — RE/MAX Gold - SLT

Listing Details

Status Active

MLS # 143580

Days on Market 1

Price/Sq Ft $447

Property History

Oct 16, 2026

Listed for sale

$527,000

Sale History · changed hands 1×

Sold	Price	Listing agent (sell side)	Buyer agent (buy side)
Aug 2014 · county record	$285,000	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 1.0

Sq. Ft. 1,180

Lot Size 0.12 acres

Year Built 1961

Property Type Single Family Residence

Style Ranch

Subdivision Lukins 1

County El Dorado

STR Jurisdiction South Lake Tahoe

APN 023102031000

Parking

Garage Spaces 1

Attached Garage Yes

Exterior & Lot

View None

Construction Wood Frame

Roof Pitched, Composition

Foundation Slab

Utilities & Systems

Heating Wall or Space Heater

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STR Investment Analysis

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

STR Investment Analysis

Red Zone

STRUCTURAL SCORE Premium

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 Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

STR Investment Summary — 2065 Lukins 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: 63 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit

1,980 sq ft covered of 1,594 sq ft allowed

This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.

Parcel Size

5,313 sq ft

Allowed Coverage

1,594 sq ft · 30%

Existing Coverage

1,980 sq ft · 37%

Addable Coverage

0 sq ft

Existing Units

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)

$495,600

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

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$3,396 per month

Principal & interest

$2,665/mo

Property taxes

$481/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

$250/mo

CA FAIR Plan + DIC estimate, ~$2,800–$3,200/yr — wildfire-zone rates vary; not a bindable quote.

Down payment

20% ($105,400)

Home price

$527,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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