$950,000 Active
1520 Cree 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
·
2,124 Sq Ft
Virtual Tour

About This Property

Welcome to your mountain retreat in Tahoe Paradise, where pine-scented air and forest views create the perfect backdrop for year-round adventures.This well maintained three-bedroom, two-bathroom home offers an impressive 2,124 square feet of living space. Upstairs, the expansive great room immediately captures your attention with vaulted ceilings and a cozy gas fireplaceideal for warming up after a day on the slopes. The kitchen is a chef's delight, featuring elegant maple cabinetry, granite tile countertops, a gas range, and a convenient walk-in pantry/laundry room.The generous primary bedroom serves as a peaceful sanctuary, complete with laminate flooring and serene forest views. The en-suite bathroom elevates your daily routine with custom tilework, a soaking tub, and a separate stall shower. Downstairs, two comfortable guest bedrooms await your visitors, while a large family and game room provides endless entertainment possibilities with direct backyard access.Speaking of the backyard, this nearly quarter-acre lot boasts a storage shed and an authentic ski lift chair, perfect for aprs-ski photos. Multiple trees have been thoughtfully removed to create defensible space and plentiful sunshine.Best of all, this home sells fully furnished, meaning you can start living the Tahoe dream immediately. With Heavenly Ski Resort, Stateline, and the sparkling lake just minutes away, weekend getaways become everyday escapes. Schedule your private showing today and discover mountain living at its finest.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142630
Days on Market 36
Sold Date 1800-01-01
Price/Sq Ft $447

Property History

Mar 24, 2026
Listed for sale
$950,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,124
Lot Size 0.23 acres
Year Built 2003
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034682006000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Filtered, Forest
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 — 1520 Cree Street, South Lake Tahoe

Est. Annual Revenue
$51,653
Avg Nightly Rate
$411
Projected Occupancy
34.2%
Cap Rate
2.2%
Structural Score: 58 / 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% ($190,000)
Home price
$950,000
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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