$639,000 Active Under Contract
995 Turnback Trail
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
2 Beds
·
1.0 Baths
·
1,120 Sq Ft

About This Property

Experience the perfect blend of mountain charm and modern convenience in this beautiful 2 bedroom, 1 bath chalet style home nestled on a large lot in the coveted Montgomery Estates area of So. Lake Tahoe. Step inside to admire vaulted wood beamed ceilings that create an airy, inviting atmosphere--perfect for entertaining or relaxing by the gas fireplace.The versatile office area can be easily transformed into a cozy den or additional sleeping quearters for guests. Enjoy an oversized garage with an attached workshop and extra storage, offering plenty of room for tools, outdoor gear, or hobbies. The manicured yard is well planned with sitting areas, space for gardening and even boat or RV storage!This property is ideal for those seeking privacy, flexibility, and a true Tahoe lifestyle. Whether you're looking for a year-round residence or vacation getaway near hiking, biking and skiing, this home is ready for your next adventure.

Listed by Adele Lucas — Chase International - South Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 142677
Days on Market 8
Sold Date 1800-01-01
Price/Sq Ft $571

Property History

Apr 10, 2026
Listed for sale
$639,000
Current
Pending
$639,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,120
Lot Size 0.27 acres
Year Built 1972
Property Type Single Family Residence
Style Chalet
Subdivision Montgomery Estates 7
County El Dorado
STR Jurisdiction El Dorado County
APN 080144058000
Parking
Garage Spaces 2
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Fireplace
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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 — 995 Turnback Trail, South Lake Tahoe

Est. Annual Revenue
$35,988
Avg Nightly Rate
$235
Projected Occupancy
41.6%
Cap Rate
2.3%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

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% ($127,800)
Home price
$639,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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