$699,000 $775,000 ↓ $76,000 reduced Active
2333 Wasabe Drive
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.
3 Beds
·
2.5 Baths
·
1,696 Sq Ft
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Our data on this home

About This Property

New price - $699,000! Your Tahoe Mountain Home Awaits! Discover this spacious 3-bedroom, 2.5-bath Christmas Valley mountain home offering nearly 1,700 sq. ft., an open great-room design, and the space and setting to enjoy everything the Tahoe lifestyle has to offer. Whether you're searching for a full-time residence, weekend getaway, or second home in the mountains, this property offers an exceptional opportunity at its new price of $699,000.Step inside to a bright, open living space featuring vaulted ceilings, abundant natural light, and a gas fireplace that creates the perfect Tahoe atmosphere after a day on the mountain. The kitchen opens directly to the living and dining areas and features granite countertops, stainless-steel appliances, a gas range, and plenty of workspace for entertaining.One of the home's standout features is the oversized primary suite, offering exceptional space, a sitting area, and a true sense of retreat. An updated guest bathroom and newer heating system add to the home's comfort and appeal.Outside, enjoy an expansive deck and fully fenced backyard with plenty of room for barbecues, pets, entertaining, or simply relaxing among the pines. The two-car garage provides valuable space for vehicles, skis, bikes, paddleboards, and all your Tahoe gear.The home is also offered furnished, providing added convenience for buyers looking for a second home or mountain getaway.Located in desirable Christmas Valley with convenient access to skiing, hiking, biking, fishing, Lake Tahoe, and year-round outdoor recreation, this home puts the best of the mountains within easy reach.Now offered at $699,000. Come experience the space, setting, and Tahoe lifestyle this Christmas Valley home has to offer with this furnished and turnkey home!

Listed by Megan Blackwell — Amen Real Estate

Listing Details

Status Active
MLS # 143091
Days on Market 125
Price/Sq Ft $412

Property History

Jun 19, 2026
Listed for sale
$775,000
Jul 15, 2026
Price reduced
$755,000 $775,000 ↓ $20,000
Aug 21, 2026
Price reduced
$735,000 $755,000 ↓ $20,000
Sep 15, 2026
Price reduced
$719,900 $735,000 ↓ $15,100
Oct 07, 2026
Price reduced
$699,000 $719,900 ↓ $20,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2017 · county record $485,000 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 3
Baths 2.5
Sq. Ft. 1,696
Lot Size 0.17 acres
Year Built 2001
Property Type Single Family Residence
Subdivision Tahoe Paradise 53
County El Dorado
STR Jurisdiction El Dorado County
APN 035233022000
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
68
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 — 2333 Wasabe Drive, 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: 68 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,647 sq ft covered of 1,799 sq ft allowed
152 sq ft of coverage still available to add.
Parcel Size
7,197 sq ft
Allowed Coverage
1,799 sq ft · 25%
Existing Coverage
1,647 sq ft · 23%
Addable Coverage
152 sq ft
IPES Score
776.0
Land Capability · TRPA-verified
IPES
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

$4,000 – $4,600/yr
about $358/mo
Est. Rebuild Cost (Coverage A)
$712,320
FAIR Plan (fire)
$3,300/yr
DIC wrap (theft, water, liability)
$700 – $1,300/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

$4,531 per month
Principal & interest
$3,535/mo
Property taxes
$638/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
$358/mo
CA FAIR Plan + DIC estimate, ~$4,000–$4,600/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($139,800)
Home price
$699,000
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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