$2,199,000 Active Under Contract
1082 Mountain Canary Drive
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.
5 Beds
·
4.0 Baths
·
3,311 Sq Ft

About This Property

Welcome to your mountain retreatthis spacious 5-bedroom, 4-bathroom home offers 3,311 square feet of comfortable living space on a beautifully hilly 0.80-acre lot in stunning South Lake Tahoe. With incredible natural surroundings, generous indoor and outdoor space, and a cozy, welcoming layout, this property is the perfect escape for those seeking both tranquility and convenience.Built in 1967, the home blends classic Tahoe charm with functional design. The main living areas feature rich wood accents, two inviting fireplaces, and large windows that frame scenic views and fill the space with natural light. Whether you're hosting guests or relaxing with family, the open-concept living and dining rooms offer warmth and versatility.The kitchen offers ample counter space and cabinetry, ready for your culinary creativity or future upgrades. With a total of five bedrooms, there's room for everyone ideal for large families, vacation hosting, or multi-generational living.Step outside and take in the beauty of your private hillside property. The nearly 35,000 sq. ft. lot offers ample room to expand, garden, or simply enjoy the peaceful setting. A spacious patio wraps around the home, offering a front-row seat to the serene mountain air and potential for unforgettable outdoor entertaining.Additional features include a one-car garage, municipal water and sewer services, and a solid wood construction that reflects the home's sturdy build. Whether you're seeking a full-time residence, a seasonal getaway, or an investment opportunity in the heart of South Lake Tahoe, this home delivers space, potential, and natural beauty in equal measure.Don't miss your chance to own a piece of Tahoe's mountain lifestyleschedule your private tour today.

Listed by Juan Antonio Escorcia Cervantes — ROA California Inc

Listing Details

Status Active Under Contract
MLS # 141903
Days on Market 284
Sold Date 1800-01-01
Price/Sq Ft $664

Property History

Jun 11, 2025
Listed for sale
$2,199,000
Current
Pending
$2,199,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,311
Lot Size 0.80 acres
Year Built 1967
Property Type Single Family Residence
Style Contemporary
Subdivision Echo View Estates 2
County El Dorado
STR Jurisdiction El Dorado County
APN 033622011000
Parking
Garage Spaces 1
Attached Garage Yes
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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 — 1082 Mountain Canary Drive, South Lake Tahoe

Est. Annual Revenue
$90,491
Avg Nightly Rate
$966
Projected Occupancy
25.4%
Cap Rate
1.6%
Structural Score: 69 / 100 (Premium) · 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% ($439,800)
Home price
$2,199,000
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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