$1,849,000 Closed
491 Lido Drive
South Lake Tahoe, CA 96150
SOLD 2026-09-04
Sold for $1,850,000 (listed at $1,849,000)
4 Beds
·
3.0 Baths
·
2,164 Sq Ft

About This Property

Exceptionally immaculate home in the amazing waterfront community of Tahoe Keys. First time ever offered, one owner property. Expansive water and mountain views.Living room, kitchen & dining all with cathedral ceilings and a wall of windows to enjoy the sunrises & sets. Kitchen has lots of cabinet space with Corrian counters and a breakfast bar. Massive master bedroom with Mt. Tallac views, two walk-in closets and master bath. Two large bedrooms downstairs with water views, and a smaller bedroom/office. Walk-in laundry room includes brand new washer/dryer. Downstairs bath with Jacuzzi tub. This home enjoys air conditioning. Large two car garage. Security alarm & camera's. Spacious waterway with boat dock that will accommodate all the water toys. New paver stone driveway and fully landscaped yard. All Tahoe Keys amenities includes: Pickle Ball & Tennis courts, indoor olympic sized pool, outdoor lakefront pool, private beach & pier, volleyball court and multiple parks.

Listed by Connie Lopez — Realty World Lake Tahoe

Listing Details

Status Closed
MLS # 143337
Sold Date 2026-09-04
Sold Price $1,850,000
Price/Sq Ft $854

Property History

Aug 08, 2026
Listed for sale
$1,849,000
Aug 12, 2026
Pending
$1,849,000
Sep 04, 2026
Sold
$1,850,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,164
Lot Size 0.18 acres
Year Built 1975
Property Type Single Family Residence
Style Contemporary
Subdivision Aloha Isle
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022231024000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Water Front, Backs to Lagoon
View Mountains, Lagoon
Construction Wood Frame, Masonry, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
Financial
HOA Fee $1,800 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Hot Tub, Security, Beach, Pier, Boat Launch, Marina

STR Investment Summary — 491 Lido 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.
Est. Gross Annual Revenue
$40K – $75K
typically ~$50,000
Avg Nightly Rate
$282
Projected Occupancy
48.5%
Cap Rate
1.1%
Structural Score: 71 / 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
2,210 sq ft covered of 1,690 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,779 sq ft
Allowed Coverage
1,690 sq ft · 22%
Existing Coverage
2,210 sq ft · 28%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 6
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 ↗
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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