$685,000 Active
607 Lake Tahoe Boulevard
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.
3 Beds
·
2.0 Baths
·
1,719 Sq Ft

About This Property

Extensively renovated classic chalet with its original alpine character intact and nearly every surface refashioned. Conservancy and Forest Service parcels adjoin the property, while acres of National Forest across the street lead to Angora Creek. Nearby access connects to miles of hiking and biking trails toward Echo Summit and the Angora ridgeline. The main level feels bright and current, with new LVP flooring, lighting, solid-core Craftsman doors, modern paint-grade trim and a freestanding gas stove. The kitchen pairs slab granite counters and stainless appliances with bamboo cabinetry in a darker contemporary finish. Both baths have been remodeled, including a newly created ensuite, while the hall bath incorporates laundry hookups. Nearly wraparound decking extends the living space outdoors, with multiple access points including sliders from both lower bedrooms. Upstairs, cathedral ceilings, exposed beams, tongue-and-groove pine, skylights and dramatic chalet glass create a generous second living area for sleeping, work, fitness or a game room. Outside, freshly oiled cedar siding is complemented by a new composition roof and newer dual-pane windows and sliders. Rebuilt and resurfaced decking, updated railings, a stone fire-pit patio, substantial parking and a renovated storage shed complete the package. From roofline to flooring, this is about as turnkey as a Tahoe home gets. Offered at under $400 per square foot, this level of renovation, setting and finish is increasingly rare.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 143442
Days on Market 11
Sold Date 1800-01-01
Price/Sq Ft $398

Property History

Sep 02, 2026
Listed for sale
$685,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2025 · county record $360,000 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 2.0
Sq. Ft. 1,719
Lot Size 0.23 acres
Year Built 1974
Property Type Single Family Residence
Style Chalet
Subdivision Mt View Estates 4
County El Dorado
STR Jurisdiction El Dorado County
APN 033442006000
Exterior & Lot
Exterior Features Storage Shed
Lot Features Adjacent to Forest
View Mountains, Meadow, Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Asphalt, 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 Premium
55
PROJECTED GROSS ANNUAL REVENUE
$30K – $65K typically ~$45,000
~$3,750 per month
Avg Nightly
$245
Occupancy
50%
Cap Rate
2.6%

STR Investment Summary — 607 Lake Tahoe Boulevard, 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.
Est. Gross Annual Revenue
$30K – $65K
typically ~$45,000
Avg Nightly Rate
$245
Projected Occupancy
50.3%
Cap Rate
2.6%
Structural Score: 55 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,632 sq ft covered of 119 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,097 sq ft
Allowed Coverage
119 sq ft · 1%
Existing Coverage
1,632 sq ft · 16%
Addable Coverage
0 sq ft
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 ↗

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% ($137,000)
Home price
$685,000
Loan details
30-yr fixed, 6.5%
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