$1,850,000 Active
812 Elk Point Drive
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
5 Beds
·
2.5 Baths
·
3,032 Sq Ft
Virtual Tour

About This Property

Perched at the foot of Angora Ridge in South Lake Tahoe, this exceptional mountain modern residence by G&S Construction is a masterclass in refined alpine living. Built in 2014, the home's soaring two-story great room commands immediate attention, anchored by a dramatic wall of windows that frames panoramic mountain views and dissolves the boundary between interior comfort and the natural world beyond.Solid maple hardwood floors and custom maple cabinetry run throughout, lending warmth and continuity to every space. Eight-foot Alder doors make a quiet but unmistakable statement of quality, while Lutron lighting allows you to curate the perfect ambiance from morning light to evening entertaining. The chef's kitchen is outfitted with stainless steel GE Profile appliances, hammered copper sinks, and a generous pantry, everything a discerning host could ask for.Designed for both grand gatherings and quiet retreats, the home flows effortlessly from the open concept living space to a massive second story deck, ideal for taking in the mountain scenery. A built-in fire pit and hot tub complete the outdoor experience. Central forced air heating and air conditioning ensure absolute comfort in every season.Beyond the walls of this remarkable home, world-class hiking and biking trails begin practically at your doorstep. South Shore's finest beaches, restaurants, and boutique shopping are just minutes away, with ski resorts and casinos an easy drive from home. A generously sized shop and storage area with dedicated exterior access keeps all your Tahoe gear organized and ready to go.Whether this becomes your full-time sanctuary or your most anticipated escape, this property delivers the very best of mountain living without compromise.

Listed by Dustin Allen — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142829
Sold Date 1800-01-01
Price/Sq Ft $610

Property History

Apr 29, 2026
Listed for sale
$1,850,000
Property Overview
Beds 5
Baths 2.5
Sq. Ft. 3,032
Lot Size 0.23 acres
Year Built 2014
Property Type Single Family Residence
Style Contemporary
Subdivision Mt View Estates 8
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 033272019000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
View Mountains,Valley
Construction Wood Frame,Wood Siding
Roof Asphalt,Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 812 Elk Point Drive, South Lake Tahoe

Est. Annual Revenue
$66,031
Avg Nightly Rate
$779
Projected Occupancy
23.1%
Cap Rate
1.4%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($370,000)
Home price
$1,850,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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