$989,000 Active
764 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.
3 Beds
·
2.0 Baths
·
1,712 Sq Ft

About This Property

A rare Lakeview Avenue offering: lake views, walkable shoreline access, midtown convenience, rental performance, and no HOA. Steps from the Shoreline makes this house very desirable.Lakeview Avenue | Al TahoeHomes on Lakeview Avenue rarely come to market. This is a chance to live in the heart of Tahoe activity while enjoying a private, well-appointed residence with three distinct, beautiful lake views and across the street from Regan Beach. Set in the highly desirable Al Tahoe subdivision and quietly positioned on the 700 block, this midtown home is a short bike ride from downtown, Lakeview concerts, Secret Beach, other shoreline beaches, and trails through the Upper Truckee Marsh. You are steps from Lake Tahoe with no HOA fees. Location, location, location!!!The home is currently in a high-demand vacation rental program and offers strong income potential. July 2026 sold out, all but two days. It is being sold fully furnished so you are turn key for a vacation rental. InteriorThe reverse floor plan places the main living space upstairs. An open living-dining-kitchen area features a dramatic bronze-tinted glass wall of windows. This brings the outdoors in,and additional features include a soaring cathedral ceilings, vaulted wood beams, and abundant natural light. Oversized ceiling fans throughout enhance the mountain feel. A newer gas fireplace in the living room is ideal for snowy evenings. The living room displays a generous deck for entertaining and grilling. The spacious primary ensuite sits on the main living level, also with cathedral ceilings, lake views, and a direct outlook to the deck. A split-level plan continues below: the entry-level family/game room can serve as a second living area, ideal for kids or guests. Three steps up lead to two good size bedrooms and a full bath.Exterior & UpdatesLush landscaping, in both the front and backyard gives strong curb appeal and the fenced yard is perfect for our furry friends. Front driveway has pavers that complete the yard. The home includes an ADT security system an central AIR CONDITIONING. The HVAC system and roof were replaced eight years ago. Hunter Douglas remote control blinds. Maytag and GE Stainless Steel appliances & wine refrigerator. Home is on sunny side of street.

Listed by Jill Holley — Coldwell Banker Select R.E.

Listing Details

Status Active
MLS # 143516
Days on Market 1
Price/Sq Ft $578

Property History

Sep 27, 2026
Listed for sale
$989,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2019 · county record $686,100 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. 1,712
Lot Size 0.12 acres
Year Built 1981
Property Type Single Family Residence
Style Split Level
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026025020000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Lake
Construction Wood Frame
Roof Composition
Foundation Post & Pier
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Cooling Central Refrig. A/C
Financial
Seller's Annual Tax $8,530
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
70
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.

STR Investment Summary — 764 Lakeview Avenue, 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: 70 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,374 sq ft covered of 1,495 sq ft allowed
121 sq ft of coverage still available to add.
Parcel Size
4,984 sq ft
Allowed Coverage
1,495 sq ft · 30%
Existing Coverage
1,374 sq ft · 28%
Addable Coverage
121 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

$6,599 per month
Principal & interest
$5,001/mo
Property taxes
$902/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. The $8,530 on this listing is the seller's bill.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$696/mo
CA FAIR Plan + DIC estimate, ~$7,000–$9,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($197,800)
Home price
$989,000
Loan details
30-yr fixed, 6.5%
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