Sold $1,098,000 Closed
744 Tuolumne Drive
South Lake Tahoe, CA 96150

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SOLD 2026-04-16
Sold for $1,098,000
4 Beds
·
2.0 Baths
·
1,908 Sq Ft

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About This Property

A rare combination of Tahoe Keys lifestyle, privacy, and timely short-term rental potential comes together in this Mt. Tallac Village home. The property is not currently buffered out for a Vacation Home Rental permit, meaning a new owner can apply immediately under the City's current ordinance and potentially get ahead of the anticipated rush on remaining permits should the City elect to remove the 150-foot buffer requirement currently under consideration.- - Located within the Tahoe Keys HOA, Mt. Tallac Village offers underground utilities, wide streets, curb and gutter, and excellent year-round sunshine. Ownership includes access to Tahoe Keys amenities such as indoor and outdoor pools, private beach, marina, tennis and pickleball courts, and miles of walking and biking trails. Qualified properties may also purchase and attach a boat slip license through Tahoe Beach & Harbor for direct access to Lake Tahoe. - - This home enjoys rare privacy with a Tahoe Keys-owned buffer parcel next door and is just a short walk to the sailing lagoon for paddleboarding, kayaking, and fishing. - - Inside, the open great room features pine ceilings, distressed wood flooring, and a freestanding gas fireplace with stone surround. The living area opens to a west-facing composite deck ideal for outdoor dining and sunsets with filtered views of Mt. Tallac. - - The kitchen offers oak cabinetry, slab granite counters, upgraded appliances, tile flooring, and a travertine backsplash. The main level also includes a spacious primary suite with remodeled bathroom featuring a custom tiled shower and double vanity. - - Downstairs provides access from the two-car garage into a mud area and laundry room, along with three additional bedrooms and an updated full bathroom. - - The fully fenced yard includes a newer cedar fence, hot tub, kids play area, Adirondack seating with propane fire pit, and custom planter boxes. The roof was replaced in 2021, an increasingly important upgrade for Tahoe insurance. Furnishings may be negotiated.

Listed by Mark Salmon — Compass

Listing Details

Status Closed
MLS # 142567
Sold Date 2026-04-16
Sold Price $1,098,000
Price/Sq Ft $575

Property History

Mar 05, 2026
Listed for sale
$1,098,000
Current
Sold
$1,098,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,908
Lot Size 0.17 acres
Year Built 1991
Property Type Single Family Residence
Style Contemporary
Subdivision Mt Tallac 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022122002000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
View Mountains, Filtered, Forest
Construction Wood Frame, Wood Siding, Rock
Roof Pitched, Asphalt, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,700 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Hot Tub, Club House, Security, Beach, Dock, Pier, Boat Launch, Marina

STR Investment Summary — 744 Tuolumne Drive, 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.
Structural Score: 68 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,858 sq ft covered of 74 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,389 sq ft
Allowed Coverage
74 sq ft · 1%
Existing Coverage
1,858 sq ft · 25%
Addable Coverage
0 sq ft
IPES Score
811.0
Land Capability · TRPA-verified
IPES
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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,400 – $5,200/yr
about $400/mo
Est. Rebuild Cost (Coverage A)
$801,360
FAIR Plan (fire)
$3,700/yr
DIC wrap (theft, water, liability)
$700 – $1,500/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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