$1,048,000 $1,088,000 ↓ $40,000 reduced Active Under Contract
930 Rubicon Trail
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.
4 Beds
·
3.0 Baths
·
2,257 Sq Ft

Our data on this home

About This Property

Rare double-wide parcel with exceptional sun, privacy and future flexibility in highly sought-after Highland Woods. The merged 13,490 sq. ft. lot utilizes approximately 2,502 sq. ft. of a reported 4,047 sq. ft. of allowable coverage, leaving substantial potential for a detached garage, ADU or expanded outdoor living.Highland Woods is one of South Lake Tahoe's few neighborhoods with underground utilities, along with wide streets, curb and gutter, level terrain and a convenient in-town setting. A nearby trailhead provides easy access to the surrounding National Forest and Upper Truckee Marsh, continuing toward the lake's edge and Secret Beach.The 4-bedroom, 3-bath floor plan offers true main-level living with a bedroom, full bath, laundry, kitchen and open living area downstairs. Distressed hardwood flooring, knotty alder cabinetry, slab granite counters, a pantry and freestanding wood stove add warmth, while the upstairs primary suite provides comfortable separation.The lush, fully fenced grounds include a hot tub just off the rear deck. Recent improvements include a new 40-year composition roof, fresh exterior paint, refinished decks, new washer and dryer, and professionally stretched and deep-cleaned carpeting. Inspections are on file, much of the identified work has been completed, and the home is offered fully furnished and turnkey. Current eligibility remains to pursue a short-term rental permit, subject to city requirements and availability.

Listed by Mark Salmon — Compass

Listing Details

Status Active Under Contract
MLS # 143262
Days on Market 96
Price/Sq Ft $464

Property History

Jul 24, 2026
Listed for sale
$1,088,000
Sep 09, 2026
Price reduced
$1,048,000 $1,088,000 ↓ $40,000
Oct 14, 2026
Pending
$1,048,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2006 · county record $560,000 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 4
Baths 3.0
Sq. Ft. 2,257
Lot Size 0.31 acres
Year Built 1995
Property Type Single Family Residence
Style Contemporary
Subdivision Highland Woods (Res) 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031314021000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
Construction Wood Frame, Wood Siding
Roof Pitched, Asphalt, 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
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 — 930 Rubicon Trail, 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: 71 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,521 sq ft covered of 4,047 sq ft allowed
1,525 sq ft of coverage still available to add.
Parcel Size
13,490 sq ft
Allowed Coverage
4,047 sq ft · 30%
Existing Coverage
2,521 sq ft · 19%
Addable Coverage
1,525 sq ft
Land Capability · TRPA-verified
IPES
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

$5,300 – $6,200/yr
about $479/mo
Est. Rebuild Cost (Coverage A)
$947,940
FAIR Plan (fire)
$4,400/yr
DIC wrap (theft, water, liability)
$900 – $1,800/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

$6,734 per month
Principal & interest
$5,299/mo
Property taxes
$956/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
$479/mo
CA FAIR Plan + DIC estimate, ~$5,300–$6,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($209,600)
Home price
$1,048,000
Loan details
30-yr fixed, 6.5%
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