$1,548,000
1198 Pyramid Circle
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.
5 Beds
·
3.5 Baths
·
3,048 Sq Ft
Virtual Tour

About This Property

This newer custom home, built in 2011, offers 3,048 square feet of well-designed living space with 5 bedrooms and 3.5 bathrooms, set on a level and sunny 10,784 square foot lot across from Forest Service land. The location provides excellent sun exposure, mountain views, and a quiet setting with easy access to the surrounding forest.The spacious great room features soaring vaulted cedar plank ceilings, wide plank hand-hewn hardwood flooring, a gas fireplace, and floor-to-ceiling windows that bring in natural light and views of the surrounding mountains. The kitchen is designed for both everyday living and entertaining with rustic cherry cabinetry, slab granite counters, stainless steel Bosch appliances, and generous workspace.The primary suite includes a gas fireplace, private balcony, and a well-appointed bathroom with dual sinks, a jetted tub, and travertine tile throughout. Downstairs there is also a junior primary suite with its own en-suite bathroom, providing excellent separation and flexibility for guests or extended family.Additional features include hydronic in-floor heating, a heated driveway, CentraLite home automation wiring, central vacuum, alarm system, wood-clad windows, and Hunter Douglas blinds. A bonus heated game room or man cave located just off the garage adds additional space for storage, an office, and more.Outside, the property offers ample parking for up to six vehicles along with a covered boat/carport. The low-maintenance stucco exterior complements the quality construction, and the furnishings are negotiable, offering a turnkey opportunity if desired.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142736
Sold Date 1800-01-01
Price/Sq Ft $508

Property History

Apr 17, 2026
Listed for sale
$1,548,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 3,048
Lot Size 0.25 acres
Stories 2
Year Built 2011
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 033472009000
Parking
Garage Spaces 2
Total Parking 1
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains,Filtered
Construction Wood Frame,Stucco
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Radiant Heat-Floor
Cooling Natural Gas,Radiant Heat-Floor
Financial
HOA / Community South Tahoe Association of Realtors
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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 — 1198 Pyramid Circle, South Lake Tahoe

Est. Annual Revenue
$84,987
Avg Nightly Rate
$915
Projected Occupancy
25.0%
Cap Rate
2.2%
Structural Score: 74 / 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% ($309,600)
Home price
$1,548,000
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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