$568,000 Active
829 Capistrano Avenue
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. 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.
2 Beds
·
1.0 Baths
·
852 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 2,326 of 1,804 sq ft used Home insurance $2,000 – $2,400/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

This two-bedroom, one-bathroom (+ office) home offers a perfect blend of Tahoe style and convenience. 
Step inside to discover a space that has been recently updated, ensuring modern comforts while retaining its cozy cabin charm. The three backyard sheds provide storage solutions that will leave you with plenty of space for all of your toys. Set back on a 6,098 square foot lot, the property boasts beautifully landscaped surroundings that create a peaceful outdoor space. Whether you're relaxing in the garden or enjoying your morning coffee, the natural beauty around you is sure to delight. Location is key, and you'll love being just a short stroll away from Lake Tahoe's waterfront, meadows, scenic trails, and a variety of shops and restaurants. Embrace the Tahoe lifestyle in this lovely home, where every day feels like a vacation.


Listed by Colin Farnsworth — Compass

Listing Details

Status Active
MLS # 143619
Days on Market 1
Price/Sq Ft $667

Property History

Oct 30, 2026
Listed for sale
$568,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2025 $588,000 Colin FarnsworthCompass Kimberly MooreeXp Realty of California

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 2
Baths 1.0
Sq. Ft. 852
Lot Size 0.14 acres
Year Built 1957
Property Type Single Family Residence
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026135014000
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
View Forest
Roof Pitched, Composition
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
46
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 — 829 Capistrano 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: 46 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,326 sq ft covered of 1,804 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,015 sq ft
Allowed Coverage
1,804 sq ft · 30%
Existing Coverage
2,326 sq ft · 39%
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

Home Insurance Estimate

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

$2,000 – $2,400/yr
about $183/mo
Est. Rebuild Cost (Coverage A)
$357,840
FAIR Plan (fire)
$1,700/yr
DIC wrap (theft, water, liability)
$300 – $700/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

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

$3,573 per month
Principal & interest
$2,872/mo
Property taxes
$518/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
$183/mo
CA FAIR Plan + DIC estimate, ~$2,000–$2,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($113,600)
Home price
$568,000
Loan details
30-yr fixed, 6.5%
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