$1,700,000 Active
379 Crystal Court
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
4 Beds
·
3.0 Baths
·
2,842 Sq Ft
Virtual Tour

About This Property

Tahoe Keys waterfront opportunity on a quiet court, featuring a private boat dock and direct lake access. This 4-bedroom, 3-bath residence with a loft is ideally positioned on a desirable lot in one of South Lake Tahoe's most coveted communities. With the dock just steps from your back door, this property offers a rare opportunity to experience the Tahoe lifestyle at its finest.Set within a premier marina-style neighborhood, this home presents exceptional potential as a refined primary residence, a luxurious mountain retreat, or a strong investment opportunity. Residents of Tahoe Keys enjoy exclusive access to private beaches, pickleball and tennis courts, indoor and outdoor pools, and the marina, along with immediate proximity to world-class ski resorts, boating, hiking, and mountain biking.A distinguished waterfront offering with limitless potential in one of Tahoe's most desirable settings.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142875
Sold Date 1800-01-01
Price/Sq Ft $598

Property History

May 10, 2026
Listed for sale
$1,700,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,842
Lot Size 0.32 acres
Stories 2
Year Built 1976
Property Type Single Family Residence
Style Split Level
Subdivision Makai Isle
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022251046000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Cul-De-Sac,Water Front
View Mountains
Construction Wood Frame,Wood Siding,Rock
Roof Pitched,Composition
Foundation Concrete/Crawl Space,Slab
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
HOA Fee $1,800 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Tennis,Spa,Club House,Security,Beach,Pier
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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 — 379 Crystal Court, South Lake Tahoe

Est. Annual Revenue
$78,398
Avg Nightly Rate
$773
Projected Occupancy
28.4%
Cap Rate
1.8%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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% ($340,000)
Home price
$1,700,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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