$578,000 Active Under Contract
1183 Canarsee Street
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.
3 Beds
·
2.0 Baths
·
1,008 Sq Ft
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About This Property

Charming Single-Level Home Near National Forest Trails! Ideally located in the desirable Pioneer Trail neighborhood, this well-maintained 3-bedroom, 2-bathroom home offers 1,008 square feet of comfortable single-level living just moments from miles of hiking and biking trails, National Forest land, and year-round outdoor recreation.The open floor plan creates a warm and inviting atmosphere, featuring a cozy wood-burning fireplace insert and beautiful cedar plank accents. The kitchen includes a gas range and provides easy access to the redwood back deckperfect for outdoor dining, entertaining, or simply enjoying the peaceful mountain setting.Recent improvements include fresh exterior paint and forced-air heating. The guest bathroom has been tastefully updated with tile flooring, a new vanity, and modern fixtures. The primary suite features an updated en-suite bathroom with a beautifully tiled walk-in shower, a new vanity, and updated fixtures throughout.Complete with an attached two-car garage and an exceptional location close to some of South Lake Tahoe's best trails and recreation, this home is an excellent opportunity for a full-time residence, vacation getaway, or investment property.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 143285
Days on Market 25
Sold Date 1800-01-01
Price/Sq Ft $573

Property History

Jul 30, 2026
Listed for sale
$578,000
Aug 18, 2026
Pending
$578,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,008
Lot Size 0.15 acres
Year Built 1976
Property Type Single Family Residence
Style Ranch
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 033856003000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
61
PROJECTED GROSS ANNUAL REVENUE
$22K – $49K typically ~$35,432
~$2,953 per month
Avg Nightly
$193
Occupancy
50%
Cap Rate
2.5%

STR Investment Summary — 1183 Canarsee Street, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$22K – $49K
typically ~$35,432
Avg Nightly Rate
$193
Projected Occupancy
50.5%
Cap Rate
2.5%
Structural Score: 61 / 100 (Premium) · STR Zone: Red

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
1,985 sq ft covered of 1,925 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,468 sq ft
Allowed Coverage
1,925 sq ft · 30%
Existing Coverage
1,985 sq ft · 31%
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% ($115,600)
Home price
$578,000
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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