$1,088,000 Active
930 Rubicon Trail
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
3.0 Baths
·
2,257 Sq Ft

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
MLS # 143262
Sold Date 1800-01-01
Price/Sq Ft $482

Property History

Jul 24, 2026
Listed for sale
$1,088,000
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

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 — 930 Rubicon Trail, South Lake Tahoe

Est. Annual Revenue
$51,779
Avg Nightly Rate
$296
Projected Occupancy
48.0%
Cap Rate
1.9%
Structural Score: 69 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($217,600)
Home price
$1,088,000
Loan details
30-yr fixed, 6.5%
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