$895,000 Active
2427 Cold Creek 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.
3 Beds
·
3.0 Baths
·
2,577 Sq Ft

About This Property

Mountain Charm Meets Modern Comfort in Prestigious Montgomery EstatesNestled in the highly sought-after Montgomery Estates neighborhood, this well-maintained mountain retreat captures the timeless charm of Lake Tahoe living. With conservancy lots on both sides for exceptional privacy, this 3-bedroom, 3-bath home offers 2,577 square feet of warm, inviting living space on an oversized one-third acre parcel.Open-beam vaulted ceilings, rich knotty pine walls, and stunning, oak hardwood floors throughout. The spacious living areas are filled with character and several windows showcase beautiful custom etched glass, adding a unique artistic touch.The well-appointed kitchen features granite countertops, solid oak cabinetry, a generous pantry, and plenty of space for gathering with family and friends after a day on the slopes or trails.Two zone heating (primary and main living) allows climate control and a separate hot tub room tucked behind the attached two-car garage offers the opportunity to re-invent the space for your own use.Expansive outdoor living with three spacious decks designed for entertaining or simply soaking in the fresh mountain air. Additional highlights include abundant storage, a beautiful paver driveway, and a 50-year composition roof for long-term peace of mind. Comes fully furnished, turn key!!Located just minutes from world-class skiing, hiking, biking, beaches, and all that South Lake Tahoe has to offer, this is the perfect full-time residence, vacation home, or mountain getaway. Classic Tahoe character, thoughtful updates, and an unbeatable location make this a rare opportunity in one of South Lake Tahoe's most desirable neighborhoods.

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143120
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $347

Property History

Jun 26, 2026
Listed for sale
$895,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2013 · county record $425,000 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 3.0
Sq. Ft. 2,577
Lot Size 0.38 acres
Year Built 1963
Property Type Single Family Residence
Style Split Level
Subdivision Montgomery Estates 1
County El Dorado
STR Jurisdiction El Dorado County
APN 025595012000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
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 — 2427 Cold Creek Trail, South Lake Tahoe

Est. Annual Revenue
$56,929
Avg Nightly Rate
$304
Projected Occupancy
51.2%
Cap Rate
2.5%
Structural Score: 70 / 100 (Premium) · 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
2,201 sq ft covered of 173 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
17,305 sq ft
Allowed Coverage
173 sq ft · 1%
Existing Coverage
2,201 sq ft · 13%
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 ↗

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% ($179,000)
Home price
$895,000
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