$489,000 Pending
1220 San Diego 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.
2 Beds
·
1.0 Baths
·
840 Sq Ft

About This Property

Fantastic Privacy!!! Tucked neatly in South Lake Tahoe, 1220 San Diego Street is where mountain charm meets modern comfort. This well-crafted home offers the perfect retreat for those seeking both adventure and tranquility.The property sits adjacent to Tahoe Conservancy lots (next door and to the rear) creating tons of space and privacy. Outside, a private deck and sprawling yard invite you to soak in the crisp mountain air, whether you're stargazing, barbecuing, or simply relaxing with a good book.Step inside and be greeted by an inviting open-concept living space, complete with high ceilings, a cozy fireplace, and an abundance of natural light streaming through large windows. The kitchen is chef ready, featuring sleek countertops, stainless steel appliances, and ample storagea perfect setup for hosting aprs-ski gatherings or intimate family dinners.Wether you are a first time home buyer, investor, or looking for a Tahoe getaway this nicely updated 2 bedroom is a must see!!!

Listed by Mason Hibbard — Compass

Listing Details

Status Pending
MLS # 142683
Days on Market 2
Sold Date 1800-01-01
Price/Sq Ft $582

Property History

Apr 09, 2026
Listed for sale
$489,000
Current
Pending
$489,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 840
Lot Size 0.19 acres
Stories 1
Year Built 1976
Property Type Single Family Residence
Subdivision Country Club Estates 2
County El Dorado
STR Jurisdiction El Dorado County
APN 034224015000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed,Bear-Proof Trash Can
Lot Features Adjacent to Forest,Adjacent to Meadow
View Forest
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Masonry
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 1220 San Diego Street, South Lake Tahoe

Est. Annual Revenue
$44,814
Avg Nightly Rate
$262
Projected Occupancy
44.7%
Cap Rate
3.7%
Structural Score: 51 / 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% ($97,800)
Home price
$489,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
9166671444

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