$770,000
1501 Skyline Drive
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.
4 Beds
·
2.0 Baths
·
1,610 Sq Ft

About This Property

Set in the peaceful Country Club Estates neighborhood with conservancy land on both sides for added privacy, this recently upgraded home is ideal for a permanent family residence or Lake Tahoe getaway retreat. Multiple improvements are found throughout the home including newer flooring in the living area, kitchen, stairway, halls & baths as well as new dimmable/ wi-fi enabled lighting in all rooms.The inviting living room area on the main level features wood-framed windows that let in the natural sunlight, a new thermostat controlled gas fireplace & mantle with a shiplap surrounding wall. Also on this level is the newly renovated kitchen with new countertops, shiplap wall with pantry access, an induction stovetop, farm sink, backsplash, refurbished cabinets and new hardware. The dining area allows for plenty of room for gathering around the kitchen table with banquette seating as well as additional bar seating.The lighted hallway stairs lead to the upper level with 4 bedrooms and 2 full baths. Both of the bathrooms have been recently remodeld with additional features including heated floors and hidden picture/ medicine cabinets. The primary bedroom is extra spacious and has it's own separate connecting entrance to the 2nd bath with a teak fold down seat and a custom steam shower.The ground level features a 2 car garage and a separate large crawl space with access from the back side of the house, allowing for plenty of storage. The garage leads to the laundry/ utility room with additional storage cabinets. Exterior amenities include remote controlled heated mats on front entry stairs, gutter guards, heated roof cables and an electric bear deterrent system. Enjoy the open and naturally landscaped backyard with drip system sprinklers, neighboring conservancy lots and a spacious deck ideal for outdoor gatherings. Just a short distance to the Truckee River, Lake Tahoe beaches and ski resorts.Property to be sold furnished per inventory list. **A full list of the recent property improvements is attached on file.

Listed by Jaime Souers — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142680
Sold Date 1800-01-01
Price/Sq Ft $478

Property History

Apr 10, 2026
Listed for sale
$770,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,610
Lot Size 0.18 acres
Year Built 1983
Property Type Single Family Residence
Style Split Level
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 081072014000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, 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%

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% ($154,000)
Home price
$770,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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