$899,000 Closed
791 Cholula Street
South Lake Tahoe, CA 96150
SOLD 2026-09-18
Sold for $875,000 (listed at $899,000)
3 Beds
·
2.5 Baths
·
1,640 Sq Ft

About This Property

Tucked away in a highly sought after and peaceful South Lake Tahoe neighborhood, just minutes from Tahoe Paradise Park and Lake Baron, this beautifully maintained home offers the perfect blend of comfort, functionality, and thoughtful updates. With over 20 recent upgrades in the last 6 years, this move-in ready home has been extensively improved for both style and peace of mind. Major improvements include a new roof, furnace, washer and dryer, bathrooms, refurbished decks, as well as gutters and heat tape. There is fresh interior paint throughout, along with new blinds and updated light fixtures in every room to create a welcoming environment. The complete kitchen remodel features spot lights, under counter lighting, high end appliances, and a gorgeous farmhouse sink to tie it all together! The inviting interior features a bright and refreshed feel with modern finishes, while the outdoor space on over half an acre is designed to enjoy Tahoe's mountain setting year-round. Whether you're looking for a full-time residence, vacation retreat, or investment opportunity, this property delivers exceptional value with extensive improvements already completed.

Listed by Kilinoe Rahbeck — KOR Realty, Inc.

Listing Details

Status Closed
MLS # 142905
Sold Date 2026-09-18
Sold Price $875,000
Price/Sq Ft $548

Property History

May 15, 2026
Listed for sale
$925,000
Jun 26, 2026
Price changed
$899,000
Aug 05, 2026
Pending
$899,000
Sep 19, 2026
Sold
$875,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2019 · county record $542,500 Deed record — brokerage sides not reported
Sep 2026 · this listing $875,000 (+61%) Kilinoe RahbeckKOR Realty, Inc. Karen L GrantSierra Sotheby's International Realty

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,640
Lot Size 0.52 acres
Year Built 1976
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Tahoe Paradise 19
County El Dorado
STR Jurisdiction El Dorado County
APN 034584016000
Parking
Garage Spaces 1
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space, Slab
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $6,541

STR Investment Summary — 791 Cholula Street, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$35K – $70K
typically ~$45,000
Avg Nightly Rate
$248
Projected Occupancy
49.8%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,788 sq ft covered of 4,220 sq ft allowed
2,432 sq ft of coverage still available to add.
Parcel Size
22,603 sq ft
Allowed Coverage
4,220 sq ft · 19%
Existing Coverage
1,788 sq ft · 8%
Addable Coverage
2,432 sq ft
Land Capability · TRPA-verified
3
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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