$660,000
940 Patricia Lane
South Lake Tahoe, CA 96150
This home was taken off the market. See 6 similar homes for sale in and around South Lake Tahoe ↓

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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.
3 Beds
·
2.0 Baths
·
1,288 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 2,078 of 287 sq ft used Home insurance $3,000 – $3,500/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Charming South Lake Tahoe Ranch with Premium Upgrades & RV Hook-Ups!Welcome to this fully remodeled 3-bedroom, 2-bathroom ranch-style home, perfectly designed for mountain living and outdoor enthusiasts. This turn-key property features a brand-new roof, modern flooring throughout, and a beautiful kitchen equipped with a premium gas stove and new appliances. The fully fenced backyard is a private oasis, complete with a hot tub and a rear gate for easy access. Designed with utility in mind, the attached single-car garage comes fully plumbed with an air compressor, while a backyard shed offers generator-ready receptacles. Parking is a breeze with dedicated RV parking featuring full hook-ups. Minutes from world-class skiing, hiking, and beaches, this rare find combines modern comfort with ultimate functionality!

Listed by Rani Calderon — Elite Properties

Listing Details

Status Withdrawn
MLS # 143351
Days on Market 65
Price/Sq Ft $512

Property History

Aug 18, 2026
Listed for sale
$660,000
Aug 22, 2026
Pending
$660,000
Sep 02, 2026
Relisted
$660,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2021 · 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 3
Baths 2.0
Sq. Ft. 1,288
Lot Size 0.17 acres
Year Built 1966
Property Type Single Family Residence
Subdivision Tahoe Tallac
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023582017000
Parking
Garage Spaces 1
Attached Garage Yes
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
66
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 — 940 Patricia Lane, 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: 66 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,078 sq ft covered of 287 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,431 sq ft
Allowed Coverage
287 sq ft · 4%
Existing Coverage
2,078 sq ft · 28%
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

$3,000 – $3,500/yr
about $271/mo
Est. Rebuild Cost (Coverage A)
$540,960
FAIR Plan (fire)
$2,500/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

$4,210 per month
Principal & interest
$3,337/mo
Property taxes
$602/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
$271/mo
CA FAIR Plan + DIC estimate, ~$3,000–$3,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($132,000)
Home price
$660,000
Loan details
30-yr fixed, 6.5%
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