$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 steps away.This home features desirable upstairs living with vaulted ceilings, dual-pane windows, and abundant natural light. Wood flooring and a cozy wood stove create a warm mountain feel, while the open kitchen flows seamlessly into the dining and living areas -- ideal for both everyday living and entertaining.The main level includes a private primary suite with generous closets and an updated bath. Downstairs offers two guest bedrooms, a full bathroom, a dedicated laundry room, and an extra-large game room for flexible living or recreation space. Forced-air heating, a long driveway with ample parking, and 2018 kitchen and primary bath remodels add comfort and value.Set on a large corner lot across the street from the Upper Truckee River, this home is equally suited as a peaceful retreat or an adventure basecamp -- an exceptional opportunity to embrace the Tahoe lifestyle.

Listed by Jill Teakell — Compass

Listing Details

Status Active
MLS # 141841
Days on Market 308
Sold Date 1800-01-01
Price/Sq Ft $407

Property History

Jun 25, 2025
Listed for sale
$775,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,902
Lot Size 0.17 acres
Year Built 1994
Property Type Single Family Residence
Subdivision Tahoe Paradise 60
County El Dorado
STR Jurisdiction El Dorado County
APN 035272001000
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
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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 — 980 Kekin Street, South Lake Tahoe

Est. Annual Revenue
$44,316
Avg Nightly Rate
$367
Projected Occupancy
33.6%
Cap Rate
2.3%
Structural Score: 51 / 100 (Standard) · 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% ($155,000)
Home price
$775,000
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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