$1,649,000
1322 Knoll Lane
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
5 Beds
·
3.5 Baths
·
2,887 Sq Ft
·
13939 Lot
Virtual Tour

About This Property

*****SLT Vacation Rental Permit Update*****The City Council had a first reading of the newly proposed VHR permit policy on Tuesday 3/10/26. There will be a second reading/vote on 3/24/26. If the new policy passes, it will take effect 30 days from the date of that vote. The new policy eliminates the 150' buffer (distance between VHR's) and places a maximum cap of 900 permits in residential areas of the city. This home is currently ineligible for a permit due to the next door neighbor already having one. If the new policy is enacted, a permit can be applied for on this home as long as the cap of 900 has not been reached. If you are interested in this home and want to help subsidize the cost of the home with VHR rentals, don't wait too long. That cap will likely be reached in the near future!About this home...Elegantly modernized, fully furnished, turn-key, five bedroom ski vacation home within walking distance to the slopes of Heavenly! Ideal for a large family getaway or a corporate retreat. This beautifully redone three-story home has been tastefully updated throughout with an all-new, never-yet-lived-in interior ready for you to start enjoying as you create lifetime memories in one of America's best mountain playgrounds! As you enter on the middle level via covered new redwood decking from the garage/driveway, you are welcomed with a bright, open living room with attached sun room/gym and freestanding natural gas fireplace. Also on this mid-level is a full bath, laundry room, and two bedrooms with sliding door access to the private side yard with a Hot Springs Spa and freestanding cedar sauna for the relaxing Apres-Ski experience. From the mid-level, go upstairs to the modern kitchen with all new appliances, 1/2 bath, open family/dining room, generous master bedroom with grand walk-in cedar lined closet, and luxurious master bathroom. From the upper level, views of the lake, Mt. Tallac, and the face of Heavenly are very enjoyable in three directions. There is also access to the very spacious outdoor area with all new redwood railings for barbecues and entertaining. On the bottom level, you will find two quiet bedrooms with a full bath. The location is ideal on a quiet, short, cul-de-sac street with no through traffic and close enough to either walk to Heavenly or catch a shuttle from the end of the road. Your Tahoe gem awaits!

Listed by Kier Staeheli — Fathom Realty Group, Inc

Listing Details

Status Active
MLS # 141081
Days on Market 439
Sold Date 1800-01-01
Price/Sq Ft $571

Property History

Dec 26, 2024
Listed for sale
$1,649,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,887
Lot Size 0.32 acres
Stories 3
Year Built 1972
Property Type Single Family Residence
Style Gambrel
Subdivision Lakeview Heights
APN 028100021000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Bear-Proof Trash Can,Other/See Remarks
View Mountains,Lake,Filtered,Forest,Ski Resort
Construction Wood Frame,Wood Siding
Roof Asphalt,Shingle,Other
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Hot Water System,Baseboard,Heat Pump
Cooling Hot Water System,Baseboard,Heat Pump
Financial
HOA / Community South Tahoe Association of Realtors
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($329,800)
Home price
$1,649,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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