$1,250,000 Active
1848 Koyukon Drive
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.
4 Beds
·
4.0 Baths
·
2,231 Sq Ft

About This Property

Stunning Modern Mountain Retreat in South Lake Tahoe! Step into mountain luxury at this newly renovated 4-bedroom, 4-bathroom home, tucked away in the peaceful county neighborhood of South Lake Tahoe. Designed to capture the essence of alpine living, this home is flooded with natural light and features a dramatic two-story great room with soaring ceilingsperfect for cozy evenings or entertaining on a grand scale. The open-concept layout blends modern finishes with warm, natural textures, a striking gas fireplace, and expansive windows that frame beautiful forest and mountain views. The sleek, updated kitchen flows effortlessly into the living and dining areas, offering the ideal space for gatherings with family and friends.Retreat to the spacious primary suite complete with a gas stove and spa-inspired bathroom, while three additional bedrooms and bathrooms provide comfort and privacy for guests. Step outside to your oversized backyard oasis with a massive deck, and tranquil forested viewsan ideal setting for year-round enjoyment. Located on a quiet street near hiking and biking trails, this home is just minutes from world-class skiing, beaches, and the best of Lake Tahoe. With a deep 1-car garage and ample storage, it's perfect for full-time living or a vacation escape. Don't miss your chance to own this bright and stylish Tahoe retreat at 1848 Koyukon Drivewhere mountain charm meets modern comfort.

Listed by Cole Mizak — Compass

Listing Details

Status Active
MLS # 142975
Days on Market 64
Sold Date 1800-01-01
Price/Sq Ft $560

Property History

May 23, 2026
Listed for sale
$1,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 · county record $570,000 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 4.0
Sq. Ft. 2,231
Lot Size 0.14 acres
Stories 2
Year Built 1989
Property Type Single Family Residence
Subdivision Tahoe Paradise Addition 4
County El Dorado
STR Jurisdiction El Dorado County
APN 033852004000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can,Dog Run
View Forest
Construction Wood Frame,Masonry,Rock
Roof Pitched,Composition
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 — 1848 Koyukon Drive, South Lake Tahoe

Est. Annual Revenue
$53,506
Avg Nightly Rate
$304
Projected Occupancy
48.3%
Cap Rate
1.7%
Structural Score: 70 / 100 (Premium) · STR Zone: Red

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

Room to build
1,044 sq ft covered of 1,803 sq ft allowed
758 sq ft of coverage still available to add.
Parcel Size
6,009 sq ft
Allowed Coverage
1,803 sq ft · 30%
Existing Coverage
1,044 sq ft · 17%
Addable Coverage
758 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% ($250,000)
Home price
$1,250,000
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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