$679,000 $695,000 ↓ $16,000 reduced Active Under Contract
880 Secret Harbor Drive
South Lake Tahoe, CA 96150
⏳ 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.
3 Beds
·
2.0 Baths
·
1,240 Sq Ft

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About This Property

Easy Tahoe living on a quiet neighborhood street, where you can walk to coffee and restaurants, bike to the beach, and spend summer evenings on a patio that feels like an extension of the house.This updated, single-level 3-bedroom, 2-bath home offers a comfortable, functional layout with LVP flooring and new baseboards throughout, fresh interior and exterior paint, remodeled bathrooms, and an updated kitchen with quartz countertops, refinished cabinetry with soft close, and updated sinks and fixtures. Newer central heat system just installed a few years ago.The backyard is where this home really shines. During the warmer months, the spacious patio becomes an outdoor living room, with plenty of space for dining, lounging, a BBQ and fire pit, plus wiring for an outdoor TV. The fenced and landscaped yard creates a private, inviting place to spend long Tahoe afternoons and evenings, while the hot tub (negotiable) is ready for aprs-ski nights when winter arrives.The oversized primary suite opens directly to the backyard and offers enough additional space for a sitting area, home office or workout area.An attached garage and a large storage shed provide plenty of room for Tahoe gear. The shed is especially useful for storing patio furniture, bikes, paddleboards and other summer equipment through the winterwithout the need for separate off-site storage.The location makes it remarkably easy to enjoy Tahoe without always getting in the car. Walk to Crazy Good for morning coffee or to several nearby restaurants without crossing a highway. Bike to Pope Beach or head over to The Hangar for a craft beer or one of their summer concerts. Nearby bike paths making it easy to explore even farther.Come take a look today!

Listed by Jana Nelson — Compass

Listing Details

Status Active Under Contract
MLS # 143507
Days on Market 26
Price/Sq Ft $548

Property History

Sep 17, 2026
Listed for sale
$695,000
Sep 25, 2026
Price reduced
$679,000 $695,000 ↓ $16,000
Sep 30, 2026
Pending
$679,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $418,000 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. 1,240
Lot Size 0.14 acres
Year Built 1963
Property Type Single Family Residence
Style Ranch
Subdivision Tallac Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023782027000
Parking
Garage Spaces 1
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Construction Wood Frame, Wood Siding
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
68
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 — 880 Secret Harbor Drive, 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: 68 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,239 sq ft covered of 1,830 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,100 sq ft
Allowed Coverage
1,830 sq ft · 30%
Existing Coverage
2,239 sq ft · 37%
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

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$520,800
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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

$4,315 per month
Principal & interest
$3,433/mo
Property taxes
$619/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
$263/mo
CA FAIR Plan + DIC estimate, ~$2,900–$3,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($135,800)
Home price
$679,000
Loan details
30-yr fixed, 6.5%
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