$7,998,000 $9,500,000 ↓ $1,502,000 reduced Active
753 Lakeview Avenue
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
5 Beds
·
4.5 Baths
·
4,500 Sq Ft
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About This Property

Experience the ultimate in lakefront living with this exceptional South Lake Tahoe estate, perfectly positioned in one of the area's most sought-after locations. Offering a rare combination of privacy, scale, and direct waterfront access, this property features its own private pier, two buoys, and a boat lift, creating an unmatched Tahoe lifestyle for boating, entertaining, and year-round enjoyment.Inside, the home unfolds with impressive volume, warm natural finishes, and expansive windows that capture panoramic lake views from nearly every angle. The dramatic great room showcases soaring ceilings, a massive boulder gas fireplace, and a seamless connection to the outdoors, creating a setting that feels both inviting and unforgettable. With 5 bedrooms, 4.5 bathrooms, four of which are ensuite bedrooms, and a dedicated office, the layout offers exceptional flexibility for hosting guests, working from home, or accommodating extended family.Set on a generous lot, this property offers peaceful mornings, radiant sunsets, and the ever-changing beauty of the lake throughout the day. Ideally located just moments from South Lake Tahoe's new Recreation and Aquatics Center, Lakeview Commons, Regan Beach, and the best of Tahoe's dining and entertainment, this is a rare opportunity to own a true legacy estate in the heart of South Lake Tahoe.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142878
Days on Market 91
Price/Sq Ft $1,777

Property History

Jul 05, 2026
Listed for sale
$9,500,000
Aug 05, 2026
Price reduced
$8,999,000 $9,500,000 ↓ $501,000
Aug 31, 2026
Price reduced
$7,998,000 $8,999,000 ↓ $1,001,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 1992 · county record $585,000 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 5
Baths 4.5
Sq. Ft. 4,500
Lot Size 0.55 acres
Year Built 1995
Property Type Single Family Residence
Style Contemporary
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026022021000
Parking
Garage Spaces 2
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can, Boat Dock, Other/See Remarks
Lot Features Lake Front
View Mountains, Lake, Forest, Ski Resort
Construction Wood Frame, Masonry Veneer, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
7,548 sq ft covered of 6,808 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
22,694 sq ft
Allowed Coverage
6,808 sq ft · 30%
Existing Coverage
7,548 sq ft · 33%
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 ↗ How the Basin compares

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

$48,984 per month
Principal & interest
$40,442/mo
Property taxes
$7,296/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$1,246/mo
CA FAIR Plan + DIC estimate, ~$13,800–$16,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($1,599,600)
Home price
$7,998,000
Loan details
30-yr fixed, 6.5%
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