$849,000 Active
2460 Del Norte Street
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
·
1,936 Sq Ft

About This Property

Remodeled home in desirable Montgomery Estates, just a short drive to Heavenly Ski Resort, the casinos, restaurants, shopping and the natural splendor of Lake Tahoe. The upstairs features a great room concept, cozy gas fireplace, master suite, 2 guest bedrooms and private BBQ deck. The lower level boasts a game room with a bar, beverage fridge, gas fireplace with rock hearth and full bathroom. The tandem 2-car garage is ideal for a full sized SUV, with some extra room for your Tahoe Toys. For investors and 1031 buyers, this offering is currently leased month to month, but would make for an excellent second home or primary residence. Make your Tahoe dreams a reality.

Listed by Todd Disbrow — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 143489
Days on Market 5
Sold Date 1800-01-01
Price/Sq Ft $439

Property History

Sep 15, 2026
Listed for sale
$849,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2022 · county record $830,000 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 3.0
Sq. Ft. 1,936
Lot Size 0.32 acres
Year Built 1971
Property Type Single Family Residence
Subdivision Montgomery Estates 1
County El Dorado
STR Jurisdiction El Dorado County
APN 025592005000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Flat, Composition, Other
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

Red Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$45,000
~$3,750 per month
Avg Nightly
$257
Occupancy
48%
Cap Rate
2.1%

STR Investment Summary — 2460 Del Norte Street, 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.
Est. Gross Annual Revenue
$30K – $70K
typically ~$45,000
Avg Nightly Rate
$257
Projected Occupancy
47.9%
Cap Rate
2.1%
Structural Score: 68 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,895 sq ft covered of 2,821 sq ft allowed
926 sq ft of coverage still available to add.
Parcel Size
14,105 sq ft
Allowed Coverage
2,821 sq ft · 20%
Existing Coverage
1,895 sq ft · 13%
Addable Coverage
926 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% ($169,800)
Home price
$849,000
Loan details
30-yr fixed, 6.5%
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