About This Property
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Peridot sits on Michael Drive in South Lake Tahoe, a mountain contemporary home with a wooded backyard that backs to the waterfront community of Tahoe Keys. Cove East Beach and the Truckee River are within easy walking distance, with the surrounding forest giving the property a quiet, private quality. The great room has vaulted ceilings, brushed white oak floors and a modern gas fireplace, with vast windows framing the forest beyond and doors opening to the upper deck with filtered mountain views. The kitchen has rich alder cabinets, textured granite and smooth quartz countertops, a waterfall-edge island and stainless steel appliances including a commercial-style gas range. The primary suite has two closets and an en suite bath with a dual vanity, custom tile shower and freestanding soaking tub. Three additional bedrooms and baths complete the lower level, alongside a family room with backyard access. The upper deck and hot tub extend the living spaces into the trees, with the forest as a constant backdrop. Cove East Beach and Lake Tahoe's shoreline are a short walk away, with South Lake Tahoe's restaurants and trails close at hand. Peridot is fully designed, furnished and managed by Pacaso. Owners arrive to find the home exactly as it should be, every time.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 783 Michael Court #Share C, South Lake Tahoe
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