$688,000 $725,000 ↓ $37,000 reduced Active
1610 Plateau Circle
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.
3 Beds
·
2.0 Baths
·
1,428 Sq Ft
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About This Property

Price improvement on this rare opportunity in South Lake Tahoe's highly sought after Meadow Lake neighborhood. Lovingly maintained by the original family who built the home, this property is being offered for sale for the very first time and is ready for its next chapter.Perfectly positioned to capture beautiful meadow and mountain views, the location offers easy access to Tahoe's best outdoor recreation, including nearby hiking and biking trails, world-class skiing, and Lake Tahoe's beaches and amenities. The Meadow Lake neighborhood features underground utilities that preserve scenic views, enhance the neighborhood's natural beauty, and contribute to long-term property values.Situated on a spacious level lot, the property features a fully fenced backyard designed for enjoying Tahoe's four seasons. The back deck provides the perfect setting for summer barbecues and outdoor entertaining, while two sizable storage sheds offer plenty of room for tools, toys, and gear. Recent improvements include a premium 50-year composition roof complete with heat tape installed less than a year ago plus fresh exterior stain, providing peace of mind for years to come.Inside, the thoughtfully designed floor plan offers 3 bedrooms, 2 bathrooms, a dedicated laundry room, and an attached 2-car garage. The true primary suite features direct access to the backyard through a glass slider, creating a private retreat. The living and dining areas are filled with natural light and showcase soaring vaulted open-beam ceilings, creating an inviting sense of space. A second glass slider off of the dining area seamlessly connects indoor and outdoor living. Fresh interior paint provides a clean canvas for the next owner.Well cared for and exceptionally maintained, this home offers solid bones, an outstanding location, and endless potential. Bring your vision and personal touches to transform this hidden gem into the Tahoe retreat you've always dreamed of.

Listed by Kadmiel Alfeld — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143003
Days on Market 78
Sold Date 1800-01-01
Price/Sq Ft $482

Property History

Jun 07, 2026
Listed for sale
$725,000
Jun 24, 2026
Price changed
$699,999
Aug 04, 2026
Price reduced
$688,000 $699,999 ↓ $11,999
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,428
Lot Size 0.17 acres
Year Built 1976
Property Type Single Family Residence
Style Ranch
Subdivision Meadow Lakes
County El Dorado
STR Jurisdiction El Dorado County
APN 080122002000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Meadow
View Mountains, Meadow, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,486
~$3,790 per month
Avg Nightly
$238
Occupancy
52%
Cap Rate
2.6%

STR Investment Summary — 1610 Plateau Circle, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$35K – $55K
typically ~$45,486
Avg Nightly Rate
$238
Projected Occupancy
52.3%
Cap Rate
2.6%
Structural Score: 66 / 100 (Premium) · 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

Over coverage limit
2,588 sq ft covered of 1,853 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,414 sq ft
Allowed Coverage
1,853 sq ft · 25%
Existing Coverage
2,588 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. 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 ↗

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% ($137,600)
Home price
$688,000
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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