$405,000 Active
2609 Fountain Avenue
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.
2 Beds
·
1.0 Baths
·
810 Sq Ft

About This Property

Opportunity Awaits in Tahoe SierraNestled among the pines in the centrally located Tahoe Sierra neighborhood, this single-level cabin offers a rare opportunity to create your ideal Tahoe retreat. Lovingly owned by the same family for more than 50 years, the home combines classic mountain charm with exciting possibilities for its next owner.Conveniently located just minutes from Highway 50, you'll enjoy easy access to local restaurants, breweries, shopping, and year-round recreation. The South Lake Tahoe bike path is just a street away, while miles of forest trails can be accessed right from the neighborhood, making outdoor adventure part of everyday life.Inside, original straight-grain fir hardwood floors add warmth and character, while the functional floor plan features a spacious living area ready for your personal touch. Whether you're looking to preserve its vintage charm, update and modernize, or invest in a property with strong upside potential, this home provides an excellent foundation.Perfect for first-time buyers, vacation home seekers, or investors, this Tahoe Sierra cabin is ready for its next chapter and offers the chance to build equity while making it your own.

Listed by Alora Reynolds — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143101
Days on Market 23
Sold Date 1800-01-01
Price/Sq Ft $500

Property History

Jun 23, 2026
Listed for sale
$405,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 810
Lot Size 0.10 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Style Cabin
Subdivision Tahoe Sierra 3
County El Dorado
STR Jurisdiction El Dorado County
APN 031224012000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Wall or Space Heater,Fireplace
Cooling Natural Gas,Wall or Space Heater,Fireplace
Financial
HOA / Community South Tahoe Association of Realtors
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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 — 2609 Fountain Avenue, South Lake Tahoe

Est. Annual Revenue
$44,205
Avg Nightly Rate
$220
Projected Occupancy
55.0%
Cap Rate
4.4%
Structural Score: 45 / 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

Room to build
1,037 sq ft covered of 1,351 sq ft allowed
313 sq ft of coverage still available to add.
Parcel Size
4,502 sq ft
Allowed Coverage
1,351 sq ft · 30%
Existing Coverage
1,037 sq ft · 23%
Addable Coverage
313 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% ($81,000)
Home price
$405,000
Loan details
30-yr fixed, 6.5%
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