$700,000 Active
2579 Osborne Avenue
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
3 Beds
·
1.5 Baths
·
1,280 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Room to build 1,246 of 1,506 sq ft used Home insurance $3,000 – $3,500/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

This adorable cabin is a mountain sanctuary that's been thoughtfully refreshed, and is ready for its next owner. With a blend of historic Tahoe and modern conveniences, this updated mountain home features a remodeled kitchen, Caesarstone countertops, Murano glass pendant lights, stainless steel appliances, slate floor, wine cooler, and under cabinet lighting. The downstairs bathroom is renovated with heated floors, ceiling fan, custom vanity and travertine tile. While the interior offers a snug and private feel, the back yard is ready for entertaining, complete with hot tub, gas fire pit, gas grill, large composite deck and deck lighting. And the shed is perfect for all your Tahoe toys! This house is being sold turnkey ... just bring your toothbrush!

Listed by Devra Zlendick — Compass

Listing Details

Status Active
MLS # 143594
Price/Sq Ft $547

Property History

Oct 23, 2026
Listed for sale
$700,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2022 · county record $700,000 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 1.5
Sq. Ft. 1,280
Lot Size 0.12 acres
Year Built 1960
Property Type Single Family Residence
Style Cabin
Subdivision Tahoe Sierra 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031155015000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Construction Wood Frame, Wood Siding
Roof 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

Red Zone
STRUCTURAL SCORE Standard
50
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.

STR Investment Summary — 2579 Osborne Avenue, 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.
Structural Score: 50 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,246 sq ft covered of 1,506 sq ft allowed
260 sq ft of coverage still available to add.
Parcel Size
5,019 sq ft
Allowed Coverage
1,506 sq ft · 30%
Existing Coverage
1,246 sq ft · 25%
Addable Coverage
260 sq ft
Land Capability · TRPA-verified
7
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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,000 – $3,500/yr
about $271/mo
Est. Rebuild Cost (Coverage A)
$537,600
FAIR Plan (fire)
$2,500/yr
DIC wrap (theft, water, liability)
$500 – $1,000/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$4,450 per month
Principal & interest
$3,540/mo
Property taxes
$639/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$271/mo
CA FAIR Plan + DIC estimate, ~$3,000–$3,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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