$3,800,000 $4,200,000 ↓ $400,000 reduced Active
710 Fallen Leaf Road
South Lake Tahoe, CA 96150

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✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
4 Beds
·
4.0 Baths
·
2,858 Sq Ft
Virtual Tour

Our data on this home

About This Property

Discover your own slice of alpine paradise on the pristine shores of Fallen Leaf Lake. This remarkable compound offers a unique opportunity to own a piece of nature's beauty, boasting breathtaking views of Fallen Leaf Lake and the majestic Mt. Tallac. Encompassing almost 13 acres of land, main home and two summer cabins with 65 feet of prime water frontage, this property is truly a mountain getaway like no other. The heart of this compound is the main house, a spacious 4-bedroom, 4-bathroom masterpiece, thoughtfully renovated to provide modern convenience and luxurious living. The chef's kitchen features Viking double ovens, two dishwashers, a charming breakfast nook, and ample storage space. This space seamlessly flows into the great room, where wood-beamed ceilings, a striking stone Rumford fireplace, a bar, and a separate den/office create a welcoming ambiance. Three sets of sliding doors open to the expansive wrap-around deck, offering mesmerizing sunset views over the lake. In addition to the main house, two cozy summer cabins are nestled on the property, providing privacy and comfort for guests. This home promises endless possibilities throughout the seasons, with a generator, hydronic floor heating, and winter water access to ensure comfort all year round. Park your boat at your Alaskan fir private dock, paddle your kayaks and SUPs up to your 20-foot side floating dock, or store them in the boathouse garage.

Listed by Jackie Arthur — Compass

Listing Details

Status Active
MLS # 142575
Days on Market 210
Price/Sq Ft $1,330

Property History

Mar 26, 2026
Listed for sale
$4,200,000
Sep 29, 2026
Price reduced
$3,800,000 $4,200,000 ↓ $400,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 2,858
Lot Size 12.90 acres
Year Built 2005
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 021331023000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Lake Front, Adjacent to Forest
View Mountains, Lake, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Propane, Wall or Space Heater, Fireplace, Radiant Heat-Floor
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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~— per month
Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
10,837 sq ft covered of 5,656 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
565,592 sq ft
Allowed Coverage
5,656 sq ft · 1%
Existing Coverage
10,837 sq ft · 2%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1b, 3
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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$8,800 – $10,200/yr
about $792/mo
Est. Rebuild Cost (Coverage A)
$1,571,900
FAIR Plan (fire)
$7,300/yr
DIC wrap (theft, water, liability)
$1,500 – $2,900/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$23,473 per month
Principal & interest
$19,215/mo
Property taxes
$3,466/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$792/mo
CA FAIR Plan + DIC estimate, ~$8,800–$10,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($760,000)
Home price
$3,800,000
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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