$738,000 Active
2301 California Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
1,344 Sq Ft
Virtual Tour

About This Property

Located in the desirable Tahoe Island Park neighborhood, this beautifully updated and well maintained single-level home offers an exceptional combination of comfort, convenience, and privacy. Situated across from three Conservancy-owned lots, the home enjoys a peaceful wooded setting while remaining just a short stroll from Cove East Beach, the Tahoe Keys Marina, shopping, dining, and miles of scenic hiking and biking trails.The spacious open floor plan is ideal for both everyday living and entertaining, featuring durable wood-look tile flooring throughout, custom plantation shutters, and rare Central Air Conditioning for year-round comfort. The inviting living room is highlighted by a stunning floor-to-ceiling granite stone fireplace with a gas insert and large windows that frame the serene Conservancy views.The well-appointed kitchen offers rustic hickory cabinetry, granite slab countertops, a gas range, and generous counter space for cooking and gathering. The primary suite features dual closets and a beautifully updated en-suite bathroom with a dual-sink vanity, heated tile floors, and elegant travertine finishes. Two additional bedrooms and an updated guest bathroom provide plenty of space for family and guests.Step outside to a redwood deck overlooking the fully fenced and professionally landscaped backyard, creating the perfect setting for relaxing or entertaining on warm Tahoe evenings. Additional features include an oversized two-car garage, electric vehicle charging station, bear-proof trash enclosure, and numerous thoughtful upgrades throughout.With its prime location, quality updates, and peaceful Conservancy setting, this move-in ready home is an outstanding opportunity to enjoy the Tahoe lifestyle.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143282
Sold Date 1800-01-01
Price/Sq Ft $549

Property History

Jul 30, 2026
Listed for sale
$738,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $577,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,344
Lot Size 0.14 acres
Year Built 6098
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Island Park 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023902009000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
View Forest
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
📊

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 — 2301 California Avenue, South Lake Tahoe

Est. Annual Revenue
$41,808
Avg Nightly Rate
$222
Projected Occupancy
51.4%
Cap Rate
2.3%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,294 sq ft covered of 1,839 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,131 sq ft
Allowed Coverage
1,839 sq ft · 30%
Existing Coverage
2,294 sq ft · 37%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($147,600)
Home price
$738,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message