$975,000 Active
2400 Lupine Trail
South Lake Tahoe, CA 96150
✗ 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.
4 Beds
·
2.5 Baths
·
2,114 Sq Ft

About This Property

Welcome to your mountain retreat in the highly sought-after Montgomery Estates neighborhood, one of South Lake Tahoe's most desirable communities known for its quiet streets, tranquil forest setting, and strong community of full-time residents. This beautifully maintained 4-bedroom, 3-bath home is offered fully furnished and completely turn key, making it ready to enjoy from day one.Thoughtful upgrades throughout create a warm, inviting atmosphere that perfectly blends mountain charm with modern comfort. The spacious floor plan offers plenty of room for family and friends, whether you're relaxing after a day on the slopes or entertaining year-round.Centrally located just minutes from Heavenly Ski Resort, world-class skiing, hiking and biking trails, Lake Tahoe beaches, golf, shopping, restaurants, and entertainment, this home puts the very best of Tahoe right at your fingertips. Whether you're looking for a full-time residence, vacation home, or mountain getaway, this property offers the ideal combination of location, comfort, and convenience.Move right in and start making Tahoe memories. This exceptional Montgomery Estates home is ready for its next chapter.

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143121
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $461

Property History

Jun 26, 2026
Listed for sale
$975,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2019 · county record $635,000 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 4
Baths 2.5
Sq. Ft. 2,114
Lot Size 0.25 acres
Year Built 1990
Property Type Single Family Residence
Style Split Level
Subdivision Montgomery Estates 5
County El Dorado
STR Jurisdiction El Dorado County
APN 025821026000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

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 — 2400 Lupine Trail, South Lake Tahoe

Est. Annual Revenue
$48,475
Avg Nightly Rate
$277
Projected Occupancy
48.0%
Cap Rate
2.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Red

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
2,250 sq ft covered of 2,204 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,021 sq ft
Allowed Coverage
2,204 sq ft · 20%
Existing Coverage
2,250 sq ft · 20%
Addable Coverage
0 sq ft
IPES Score
886.0
Land Capability · TRPA-verified
IPES
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 ↗

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% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.5%
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