$765,000 Active
1796 Skyline 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.
3 Beds
·
2.0 Baths
·
1,737 Sq Ft
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About This Property

Charming Tahoe chalet set on a large, sunny 10,019 square foot lot in the desirable Country Club Estates neighborhood. This 1,737 square foot home offers a functional downstairs living layout with the primary bedroom on the main level and two spacious guest bedrooms upstairs. Both upstairs bedrooms have access to outdoor decks, and one features its own cozy wood-burning fireplace.The kitchen includes granite slab countertops, newer stainless steel appliances, and updated lighting. The living area showcases classic Tahoe character with open beam ceilings, knotty pine paneling, Hunter Douglas blinds, and a beautiful wood-burning fireplace.The home is equipped with central forced air heat along with a mini-split system that provides efficient heating and cooling year-round. Recent upgrades include high-end Andersen Renewal dual pane windows and doors, updated bathroom fixtures, and new lighting throughout.Enjoy filtered mountain views and convenient access to Pioneer Trail, providing easy routes to miles of hiking and biking trails, local ski resorts, and the beaches of South Lake Tahoe.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142604
Days on Market 43
Sold Date 1800-01-01
Price/Sq Ft $440

Property History

Mar 17, 2026
Listed for sale
$765,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,737
Lot Size 0.23 acres
Year Built 1981
Property Type Single Family Residence
Style Cabin
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034754009000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Filtered
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Other/See Remarks
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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 — 1796 Skyline Drive, South Lake Tahoe

Est. Annual Revenue
$42,420
Avg Nightly Rate
$350
Projected Occupancy
33.3%
Cap Rate
2.2%
Structural Score: 54 / 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% ($153,000)
Home price
$765,000
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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