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About This Property
Completely remodeled in 2015, this rustic mountain style home is located only 6 short miles to Heavenly ski resort, the lake/beach areas and adjacent to the Lake Tahoe forest. Step right out your door to miles and miles of natural forest that has some of the best hiking and biking tahoe has to offer. This full 2015 remodel was taken down to the studs and included a new roof, windows, & heating. Looks and feels like a newer construction house. Large 2,538 sq. ft., 5 bedroom, 3 1/2 bath, open floor plan features a great room with vaulted open beam wood ceilings, a wood burning fireplace with ledge rock & bookcase. Kitchen features knotty alder cabinets & stainless steel appliances. Two primary suites and game room with fireplace, wet bar & pool table. The outdoor living area has 3 decks, and fenced area with 6 person hot tub & BBQ area. Other features include cedar siding, hickory floors, knotty alder cabinets & doors, granite counter tops, and 4 car driveway. Best of all the house comes completely furnished and is turnkey ready for your summer enjoyment.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2015 · county record | $630,000 | Deed record — brokerage sides not reported | |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Red ZoneSTR Investment Summary — 1238 Tokochi Street, South Lake Tahoe
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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