$575,000 $592,000 ↓ $17,000 reduced Active
1863 Normuk Street
South Lake Tahoe, CA 96150

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✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
2 Beds
·
1.0 Baths
·
832 Sq Ft

Our data on this home

About This Property

Beautiful setting and location for this lovingly cared for ranch style home. Located on a quiet cul-de-sac, pick up the 5.1 mile multi-use trail loop through Washoe Meadows State Park plus just a quick bike ride to Tahoe Paradise Park and Lake Baron. Enjoy the forest setting from the large sunny back deck as well as from the covered front deck. This single story home has a cabin feel with the free standing wood burning fireplace in the spacious living room. The dining area is open to the living room and kitchen which has lots of cabinet space, views of the forest and a door to access the back deck and large yard. Both bedrooms are spacious with wood paneling, fresh carpeting and good closet space. The bathroom has a ceramic tile tub/shower and nice vanity. The light fixtures have been updated and there are laundry hook-ups in the hall closet for a stack washer & dryer. The detached 2 car oversized garage has a covered walkway for easier access into the home. With this 10,890 SF lot, there is the potential to add on to the existing home or ready to enjoy as a second home or primary residence.

Listed by Madeleine Gutierrez — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 143045
Days on Market 133
Price/Sq Ft $691

Property History

Jun 11, 2026
Listed for sale
$592,000
Aug 17, 2026
Price reduced
$585,000 $592,000 ↓ $7,000
Sep 12, 2026
Price reduced
$575,000 $585,000 ↓ $10,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2020 · county record $355,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 832
Lot Size 0.25 acres
Year Built 1974
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Paradise 26
County El Dorado
STR Jurisdiction El Dorado County
APN 034572012000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Cul-De-Sac
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Electric, Baseboard, Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
60
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.

STR Investment Summary — 1863 Normuk 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.
Structural Score: 60 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,084 sq ft covered of 2,615 sq ft allowed
1,532 sq ft of coverage still available to add.
Parcel Size
11,079 sq ft
Allowed Coverage
2,615 sq ft · 24%
Existing Coverage
1,084 sq ft · 10%
Addable Coverage
1,532 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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,900 – $2,200/yr
about $171/mo
Est. Rebuild Cost (Coverage A)
$349,440
FAIR Plan (fire)
$1,600/yr
DIC wrap (theft, water, liability)
$300 – $600/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$3,603 per month
Principal & interest
$2,908/mo
Property taxes
$524/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$171/mo
CA FAIR Plan + DIC estimate, ~$1,900–$2,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($115,000)
Home price
$575,000
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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