$689,000 $709,000 ↓ $20,000 reduced Active
2281 Utah Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
2.0 Baths
·
1,482 Sq Ft

About This Property

Price improvement! Enjoy all seasons with the great fundamentals of this South Lake Tahoe chalet-style property! Centrally located in the very popular States Streets neighborhood, fun adventures await whether exploring the nearby Truckee River, Lake Tahoe, and the Tahoe Keys Marina or restaurants, bars and shops on Lake Tahoe Blvd. The inviting house includes an efficient floorplan with open kitchen and living room area, four generously sized bedrooms and two full bathrooms (2/1 on each level), a laundry area with door to the fenced backyard, long paver driveway with deep one-car garage, and a spacious front porch. While there is room for updating and your personal touch, the house has brand new interior paint and carpets. The lot next door belongs to the California-Tahoe Conservancy and remains undeveloped and enjoyed by wildlife. Whether as a primary residence or getaway for the family, this home is sure to please.

Listed by Matthew Lucksinger — Lake Valley Properties

Listing Details

Status Active
MLS # 142960
Days on Market 65
Sold Date 1800-01-01
Price/Sq Ft $465

Property History

May 22, 2026
Listed for sale
$689,000
Jul 17, 2026
Price changed
$689,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2004 · county record $417,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,482
Lot Size 0.13 acres
Year Built 1963
Property Type Single Family Residence
Style Chalet
Subdivision Tahoe Island Park 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023744006000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

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 — 2281 Utah Avenue, South Lake Tahoe

Est. Annual Revenue
$42,826
Avg Nightly Rate
$242
Projected Occupancy
48.5%
Cap Rate
2.5%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,975 sq ft covered of 247 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
5,615 sq ft
Allowed Coverage
247 sq ft · 4%
Existing Coverage
1,975 sq ft · 35%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($137,800)
Home price
$689,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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