$599,000 Active
2146 Cornelian Drive
South Lake Tahoe, CA 91650
✗ 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
·
1.0 Baths
·
1,000 Sq Ft

About This Property

Tucked in a quiet, predominantly owner-occupied enclave of Lake Tahoe, this beautifully curated mountain retreat offers the perfect blend of comfort, style, and year-round recreation. Recently enhanced with a newer roof and fresh exterior paint (both completed within the past three years), the home delivers peace of mind alongside timeless Tahoe charm.Inside, the thoughtfully updated kitchen showcases quartz countertops, a custom tile backsplash, and an inviting bar-top seating areaideal for both casual mornings and effortless entertaining. Luxury laminate flooring, upgraded baseboards, and refreshed interior paint create a warm, modern aesthetic throughout.The true highlight lies outdoors, where a private backyard setting with no rear neighbors opens to tranquil views of towering pine trees. Two decks provide the perfect backdrop for relaxing or hosting under the Tahoe sky, while mature pines offer a natural haven for a hammock retreat. A fire pit invites cozy evenings, and the beautifully maintained yardfeaturing a blend of grass and natural rock with automatic sprinklersensures year-round enjoyment. A spacious storage shed adds practicality without compromising the setting.Offered fully furnished for a turnkey experience, this home is ready to be enjoyed from day one. A convenient bear box adds an extra layer of Tahoe-ready functionality.Ideally situated within walking distance to Paradise Golf Course, local dining, and a beloved sledding hill that leads to world-class hiking and biking trails. Just minutes away, Baron Lake offers even more opportunities to explore and unwind in nature.

Listed by Mason Hibbard — Compass

Listing Details

Status Active
MLS # 142869
Sold Date 1800-01-01
Price/Sq Ft $599

Property History

May 08, 2026
Listed for sale
$599,000
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,000
Lot Size 0.14 acres
Year Built 1963
Property Type Single Family Residence
Style Ranch
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 035131005000
Parking
Parking Features 0.00
Exterior & Lot
View Mountains
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Forced Air
Financial
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 — 2146 Cornelian Drive, South Lake Tahoe

Est. Annual Revenue
$49,321
Avg Nightly Rate
$357
Projected Occupancy
38.0%
Cap Rate
3.3%
Structural Score: 49 / 100 (Standard) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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