$1,888,000 Active
1340 Wildwood Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
5 Beds
·
3.0 Baths
·
2,960 Sq Ft

About This Property

Excellent location within walking distance to California base lodge at Heavenly Valley ski resort. Sells fully furnished and is presently on a vacation rental program. Large living room, dining area, modern kitchen on main floor as well as 2 bedrooms and remodeled bathrooms. Kitchen features beautiful granite slab counters and new stainless steel appliances. Custom alder cabinets and commercial style gas range and vent hood. Walk out the kitchen to a giant sundeck overlooking a private setting with views of trees and mountains. New flooring throughout. All 4 bathrooms have been redone with lovely tile. Downstairs is a large living area with 3 bedrooms, 2 bathrooms, family room with wet bar, and a pool table room with pine walls and ceiling. Newer paint inside and out. Just minutes from everything Lake Tahoe has to offer from the Heavenly Ski resort, the Ski Run marina on Lake Tahoe, shopping, casinos, restaurants, golfing, bike trails.

Listed by Lloyd Aronoff — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142825
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $638

Property History

Apr 28, 2026
Listed for sale
$1,888,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,960
Lot Size 0.23 acres
Stories 2
Year Built 1964
Property Type Single Family Residence
Style Split Level
Subdivision Lakeview Terrace
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028051022000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains,Filtered,Forest,Ski Resort
Construction Wood Frame,Wood Siding
Roof Pitched
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
Annual Tax $14,343
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 — 1340 Wildwood Avenue, South Lake Tahoe

Est. Annual Revenue
$69,936
Avg Nightly Rate
$696
Projected Occupancy
28.2%
Cap Rate
1.5%
Structural Score: 54 / 100 (Standard) · 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% ($377,600)
Home price
$1,888,000
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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