$379,900 $395,000 ↓ $15,100 reduced Active Under Contract
1200 Wildwood Avenue #47
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.
2 Beds
·
1.5 Baths
·
1,044 Sq Ft

About This Property

Welcome home to your Lake Tahoe retreat! Centrally located in a well-maintained and quiet condo complex, 1200 Wildwood Ave #47 is the perfect home base for all your Tahoe adventures. The condo is located one mile from Heavenly Ski Resort's California base lodge, you're never far from endless year round adventures from skiing gunbarrel in the winter to biking and hiking in the summer.Experience serene forest views from your entry way looking into the woods backing the complex. Looking to go out to eat or hit the local shops, or see a show? You're less than a mile from the Heavenly Village, Ski Run Marina, and Target.The home has a cozy freestanding gas fireplace, 2 bedrooms, 1.5 baths, and in unit laundry. The flooring is natural hardwood, the countertops are concrete, the home has been well maintained over the years and is currently a long term rental. If you're looking for an investment property in South Lake Tahoe look no further.

Listed by Sarah Benedict — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 143060
Days on Market 70
Sold Date 1800-01-01
Price/Sq Ft $364

Property History

Jun 15, 2026
Listed for sale
$395,000
Jul 07, 2026
Price changed
$389,900
Jul 20, 2026
Price reduced
$379,900 $389,900 ↓ $10,000
Jul 30, 2026
Pending
$379,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2020 · county record $295,000 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 2
Baths 1.5
Sq. Ft. 1,044
Lot Size 0.01 acres
Year Built 1972
Property Type Condominium
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028272007000
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame
Roof Asphalt
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,839 / Quarterly
HOA & Community
Community Amenities Additional Parking
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
46
PROJECTED GROSS ANNUAL REVENUE
$25K – $54K typically ~$31,531
~$2,628 per month
Avg Nightly
$163
Occupancy
53%
Cap Rate
3.3%

STR Investment Summary — 1200 Wildwood Avenue #47, South Lake Tahoe

Est. Gross Annual Revenue
$25K – $54K
typically ~$31,531
Avg Nightly Rate
$163
Projected Occupancy
53.2%
Cap Rate
3.3%
Structural Score: 46 / 100 (Standard) · STR Zone: Yellow

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
259 sq ft covered of 119 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
476 sq ft
Allowed Coverage
119 sq ft · 25%
Existing Coverage
259 sq ft · 54%
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% ($75,980)
Home price
$379,900
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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