$775,000 Active
980 Kekin Street
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
3 Beds
·
2.0 Baths
·
1,902 Sq Ft

About This Property

Christmas Valley is one of Lake Tahoe's best-kept secrets - peacefully quiet yet surrounded by premier recreation and outdoor adventure. Fly fishing, bouldering, backcountry skiing, biking, and hiking trails are all close by, with mountain views and the Upper Truckee River just across the street. This inviting home features desirable upstairs living with vaulted ceilings, dual-pane windows, and abundant natural light. Wood flooring and a cozy wood stove add warmth and mountain character, while the open kitchen flows seamlessly into the dining and living areas - an ideal layout for both everyday living and entertaining. The main level also offers a private primary suite with generous closets and an updated bath. Downstairs are two guest bedrooms, a full bathroom, and a dedicated laundry room. Forced-air heating, a long driveway with ample parking, an oversized two-car garage, and 2018 kitchen and primary bath remodels provide comfort and convenience. Set on a large corner lot across from the Upper Truckee River, this property is equally suited to peaceful mountain living or as an adventure basecamp. A wonderful opportunity to enjoy the beauty, recreation, and relaxed pace of the Tahoe lifestyle.

Listed by Jill Teakell — Compass

Listing Details

Status Active
MLS # 143364
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $407

Property History

Sep 10, 2026
Listed for sale
$775,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1998 · county record $195,000 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. 1,902
Lot Size 0.17 acres
Year Built 1994
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Paradise 60
County El Dorado
STR Jurisdiction El Dorado County
APN 035272001000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
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
65
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$45,000
~$3,750 per month
Avg Nightly
$253
Occupancy
49%
Cap Rate
2.3%

STR Investment Summary — 980 Kekin Street, 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 – $70K
typically ~$45,000
Avg Nightly Rate
$253
Projected Occupancy
48.7%
Cap Rate
2.3%
Structural Score: 65 / 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

Over coverage limit
1,845 sq ft covered of 1,807 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,226 sq ft
Allowed Coverage
1,807 sq ft · 25%
Existing Coverage
1,845 sq ft · 26%
Addable Coverage
0 sq ft
IPES Score
858.0
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 ↗

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% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message