$360,000 $370,000 ↓ $10,000 reduced Active
1390 Ski Run Boulevard #12
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
·
2.0 Baths
·
800 Sq Ft

About This Property

Mountain living meets unbeatable convenience in this centrally located Tahoe condo in the heart of the desirable Ski Run neighborhood. Just minutes from Heavenly Mountain Resort, Ski Run Marina, restaurants, shopping, beaches, and the casino corridor, you'll have easy access to everything South Lake Tahoe has to offer. The functional floor plan features two bedrooms and a full bath on the lower level, while the upper level offers vaulted wood-beam ceilings, an open-concept living area, a wood-burning fireplace, kitchen, and a second full bath. Large windows provide abundant natural light and a warm mountain atmosphere. Additional features include a newer furnace, newer washer and dryer, and nearby access to the Power Line Trail for hiking and mountain biking. Whether you're looking for a primary residence, weekend getaway, or seasonal retreat, this condo offers an outstanding opportunity to enjoy Tahoe's year-round lifestyle from a convenient central location.

Listed by William Wilkes — Redfin Corporation

Listing Details

Status Active
MLS # 143084
Days on Market 62
Sold Date 1800-01-01
Price/Sq Ft $450

Property History

Jun 23, 2026
Listed for sale
$370,000
Aug 17, 2026
Price reduced
$360,000 $370,000 ↓ $10,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2002 · county record $132,000 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 2.0
Sq. Ft. 800
Year Built 1973
Property Type Condominium
Style Chalet
Subdivision Needle Peak Villas
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025901012000
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space, Post & Pier
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $1,674 / Quarterly
HOA & Community
Community Amenities Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$24K – $47K typically ~$29,541
~$2,462 per month
Avg Nightly
$155
Occupancy
52%
Cap Rate
3.3%

STR Investment Summary — 1390 Ski Run Boulevard #12, South Lake Tahoe

Est. Gross Annual Revenue
$24K – $47K
typically ~$29,541
Avg Nightly Rate
$155
Projected Occupancy
52.2%
Cap Rate
3.3%
Structural Score: 49 / 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
472 sq ft covered of 97 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
485 sq ft
Allowed Coverage
97 sq ft · 20%
Existing Coverage
472 sq ft · 97%
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% ($72,000)
Home price
$360,000
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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