$1,049,000 Pending
938 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.
4 Beds
·
3.0 Baths
·
2,436 Sq Ft

About This Property

This beautiful sunny Tahoe home is located adjacent to Forest Service land and across the street from the Truckee river. This home is offered truly turn key including all the furnishings, appliances, electronics and artwork. Enjoy all the comforts for peaceful mountain living and close to all the fun. The Great room has soaring vaulted ceilings, a delightfully inviting stone fireplace and a large balcony to take in the fresh Tahoe air. The open floorplan allows for entertaining with a huge dining and bar area and a bbq deck right out the door. The finishes include Solid Birch hardwood floors, sophisticated stone and beautiful tile work throughout. The tastefully designed kitchen is equipped with quartz slab countertops, alder cabinetry and a 36 inch gas range. The primary suite features a large bedroom with sitting area complete with lots of windows and a spacious bath with a classy freestanding tub and elegant tile. Downstairs you will find 2 more bedrooms, a full bath and family/game room with wet bar and access to the 2 car garage. This home is the perfect mountain retreat and has been well maintained and comes with a hot tub. Easy access to everything Tahoe has to offer!

Listed by Jennifer Fortune — Chase International - South Lake Tahoe

Listing Details

Status Pending
MLS # 141168
Days on Market 221
Sold Date 1800-01-01
Price/Sq Ft $431

Property History

Sep 02, 2025
Listed for sale
$1,049,000
Current
Pending
$1,049,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,436
Lot Size 0.14 acres
Stories 2
Year Built 2017
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Paradise 60
County El Dorado
STR Jurisdiction El Dorado County
APN 035272009000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Bear-Proof Trash Can
View Filtered
Construction Wood Frame,Wood Siding,Metal Siding
Roof Composition,Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
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%

STR Investment Summary — 938 Kekin Street, South Lake Tahoe

Est. Annual Revenue
$57,632
Avg Nightly Rate
$598
Projected Occupancy
26.9%
Cap Rate
2.2%
Structural Score: 75 / 100 (Luxury) · STR Zone: Red

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($209,800)
Home price
$1,049,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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