$1,158,000
2820 Santa Claus Drive
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
4 Beds
·
3.0 Baths
·
2,792 Sq Ft
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About This Property

Quality custom Christmas Valley home on a sunny and level lot with filtered mountain views. This spacious 4-bedroom, 3-bathroom residence offers 2,792 square feet of thoughtfully designed living space on a 10,018 square foot lot and features expansive front and rear decks that provide excellent outdoor living and a peaceful mountain setting.The main living area features a large great room with vaulted ceilings, quality laminate flooring, surround sound, and a gas fireplace with a beautiful ledgestone surround. The kitchen is designed for both everyday living and entertaining, offering granite slab countertops, custom knotty alder cabinetry, stainless steel Thermador appliances, and a large island with a prep sink and additional workspace.The upstairs primary suite provides a comfortable retreat and features a see-through gas fireplace that connects to the spa-style bathroom with a jetted soaking tub, stall shower, dual sink vanity, and a generous walk-in closet.The main level also includes a guest bedroom and full bathroom, offering flexibility for guests or a home office.Downstairs is a spacious family or game room with a third gas fireplace, wet bar, and French doors leading to the fully fenced backyard. Two additional guest bedrooms and a full bathroom complete the lower level, creating a functional layout for family and guests.Additional highlights include an oversized two-car garage, quality finishes throughout, and multiple outdoor living areas to enjoy the mountain setting.Located in the desirable Christmas Valley neighborhood, the home is close to miles of hiking and biking trails leading to the Truckee River and is conveniently situated between Sierra-at-Tahoe, Kirkwood, and Heavenly ski resorts, while only a short drive to the beaches of Lake Tahoe.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142703
Sold Date 1800-01-01
Price/Sq Ft $415

Property History

Apr 09, 2026
Listed for sale
$1,158,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,792
Lot Size 0.23 acres
Stories 2
Year Built 2015
Property Type Single Family Residence
Subdivision Christmas Valley 2
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 036412015000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
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%

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($231,600)
Home price
$1,158,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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