$1,299,000 Active
2810 Saint Nick Way
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
·
3.0 Baths
·
2,825 Sq Ft

About This Property

Barely used since completion, this contemporary mountain home remains in near-new condition, enhanced by central A/C, a radon mitigation system and a carefully selected collection of custom furnishings and decor. Light interior paint touch-ups and fresh stain across all decks help preserve the home's exceptionally well-kept presentation.The reverse floor plan places the main living areas beneath vaulted ceilings, where expansive windows capture the surrounding forest and Echo Summit ridgeline. The great room is centered around a gas fireplace with full-height stone surround and opens to a generous dining area, elevated rear deck and spacious kitchen with shaker cabinetry, slab granite counters, stainless appliances, hex tile backsplash and an oversized center island.The upper-level primary suite offers exceptional scale, a large walk-in closet and a refined bath with dual vanities, freestanding soaking tub and oversized glass shower. The lower level includes 3 additional bedrooms, 2 bathrooms and a separate family room opening to the covered rear deck.A level parcel, paver driveway, 3-car garage and multiple outdoor living areas complete the property. Offered furnished and below its 2022 purchase price despite the improvements made since, this is a rare opportunity to acquire a turnkey Tahoe home with the condition and finish of new construction.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 143202
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $460

Property History

Jul 14, 2026
Listed for sale
$1,299,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,825
Lot Size 0.23 acres
Year Built 2021
Property Type Single Family Residence
Style Split Level
Subdivision Christmas Valley 2
County El Dorado
STR Jurisdiction El Dorado County
APN 036413006000
Parking
Garage Spaces 3
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Asphalt, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
📊

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 — 2810 Saint Nick Way, South Lake Tahoe

Est. Annual Revenue
$70,776
Avg Nightly Rate
$400
Projected Occupancy
48.6%
Cap Rate
2.2%
Structural Score: 74 / 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

Room to build
22 sq ft covered of 3,006 sq ft allowed
2,984 sq ft of coverage still available to add.
Parcel Size
10,019 sq ft
Allowed Coverage
3,006 sq ft · 30%
Existing Coverage
22 sq ft · 0%
Addable Coverage
2,984 sq ft
IPES Score
965.0
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% ($259,800)
Home price
$1,299,000
Loan details
30-yr fixed, 6.5%
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