$360,000 $370,000 ↓ $10,000 reduced Active
1390 Ski Run Boulevard #12
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
2 Beds
·
2.0 Baths
·
800 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why Home insurance $1,300 – $1,500/yr FAIR Plan + DIC wrap, the usual Tahoe setup

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 122
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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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

Red Zone
STRUCTURAL SCORE Standard
49
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 — 1390 Ski Run Boulevard #12, 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: 49 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

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

$1,300 – $1,500/yr
about $117/mo
Est. Rebuild Cost (Coverage A)
$240,000
FAIR Plan (fire)
$1,100/yr
DIC wrap (theft, water, liability)
$200 – $400/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

$2,683 per month
Principal & interest
$1,820/mo
Property taxes
$328/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
$418/mo
From MLS listing data.
Home insurance
$117/mo
CA FAIR Plan + DIC estimate, ~$1,300–$1,500/yr — wildfire-zone rates vary; not a bindable quote.
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
(530) 317-0373

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