$975,000 Active
2400 Lupine Trail
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
4 Beds
·
2.5 Baths
·
2,114 Sq Ft

About This Property

Welcome to your mountain retreat in the highly sought-after Montgomery Estates neighborhood, one of South Lake Tahoe's most desirable communities known for its quiet streets, tranquil forest setting, and strong community of full-time residents. This beautifully maintained 4-bedroom, 3-bath home is offered fully furnished and completely turn key, making it ready to enjoy from day one.Thoughtful upgrades throughout create a warm, inviting atmosphere that perfectly blends mountain charm with modern comfort. The spacious floor plan offers plenty of room for family and friends, whether you're relaxing after a day on the slopes or entertaining year-round.Centrally located just minutes from Heavenly Ski Resort, world-class skiing, hiking and biking trails, Lake Tahoe beaches, golf, shopping, restaurants, and entertainment, this home puts the very best of Tahoe right at your fingertips. Whether you're looking for a full-time residence, vacation home, or mountain getaway, this property offers the ideal combination of location, comfort, and convenience.Move right in and start making Tahoe memories. This exceptional Montgomery Estates home is ready for its next chapter.

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143121
Sold Date 1800-01-01
Price/Sq Ft $461

Property History

Jun 26, 2026
Listed for sale
$975,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,114
Lot Size 0.25 acres
Year Built 1990
Property Type Single Family Residence
Style Split Level
Subdivision Montgomery Estates 5
County El Dorado
STR Jurisdiction El Dorado County
APN 025821026000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 2400 Lupine Trail, South Lake Tahoe

Est. Annual Revenue
$48,475
Avg Nightly Rate
$486
Projected Occupancy
27.5%
Cap Rate
2.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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% ($195,000)
Home price
$975,000
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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