$829,000 $849,000 ↓ $20,000 reduced Active
853 Alameda 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
·
1,728 Sq Ft

About This Property

Located in the highly desirable Al Tahoe neighborhood, this 3-bedroom, 2-bath home puts you right in the middle of everything that makes the Tahoe lifestyle so special. Just three blocks from Lake Tahoe and four blocks from Lake Tahoe Boulevard, this is a location where you can leave the car at home and walk or bike to the lake, beach, boat launch, bike path, restaurants, recreation, Thursday evening Live at Lakeview concerts, and favorite local spots like Sprouts Cafe. That kind of walkability and easy access to the lake is something you simply don't find in every Tahoe neighborhood. Inside, the home is bright and welcoming with plenty of natural light. The kitchen features quartz countertops, a pantry, and a large skylight that opens to let in the fresh mountain air. The spacious family room offers flexible living space with peek-a-view lake views, making it a great place to gather with family and friends or relax after a day spent enjoying Tahoe. Outside, you'll find a fully fenced backyard with room to entertain, garden, or let pets play, along with an attached two-car garage with plenty of space for bikes, paddleboards, skis, and all your Tahoe toys and gear. Whether you're looking for a full-time home or a Tahoe escape for weekends and summers at the lake, 853 Alameda offers the opportunity to enjoy one of South Lake Tahoe's most convenient and desirable locationswhere the lake, bike path, restaurants, entertainment, and year-round recreation are all just outside your door.

Listed by Kelli Potts — Ascent Property Group

Listing Details

Status Active
MLS # 143223
Days on Market 54
Sold Date 1800-01-01
Price/Sq Ft $480

Property History

Jul 21, 2026
Listed for sale
$849,000
Aug 31, 2026
Price reduced
$829,000 $849,000 ↓ $20,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2022 · county record $795,000 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 3
Baths 2.0
Sq. Ft. 1,728
Lot Size 0.11 acres
Year Built 1977
Property Type Single Family Residence
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026072022000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
View Lake, Filtered
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$30K – $65K typically ~$45,000
~$3,750 per month
Avg Nightly
$245
Occupancy
50%
Cap Rate
2.2%

STR Investment Summary — 853 Alameda 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.
Est. Gross Annual Revenue
$30K – $65K
typically ~$45,000
Avg Nightly Rate
$245
Projected Occupancy
50.3%
Cap Rate
2.2%
Structural Score: 71 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,189 sq ft covered of 1,482 sq ft allowed
293 sq ft of coverage still available to add.
Parcel Size
4,940 sq ft
Allowed Coverage
1,482 sq ft · 30%
Existing Coverage
1,189 sq ft · 24%
Addable Coverage
293 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 ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($165,800)
Home price
$829,000
Loan details
30-yr fixed, 6.5%
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