$565,000 Active Under Contract
1573 Player Drive
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.
2 Beds
·
3.0 Baths
·
1,264 Sq Ft

About This Property

South Lake Tahoe real estate rarely offers this kind of backyard. This 2 bedroom, 3 bathroom mountain home backs directly to BLM land, putting Powerline Trail and Corral just steps from your back door. Whether you're into mountain biking, dirt biking, snowmobiling, or hiking, this Lake Tahoe property delivers true trail access living with an additional forest access trail just one lot away for those who want to disappear into the woods entirely.Inside, the home features a versatile studio lockout unit, ideal as a private guest suite, in-law setup, or income generating space for buyers exploring Lake Tahoe investment property opportunities. The front yard is fully landscaped and move in ready, while the backyard is a blank canvas. Bring your vision, your garden beds, or your outdoor entertaining plans. A greenhouse already in place makes this South Lake Tahoe home a natural fit for gardeners and selfsufficiency minded buyers.This is mountain living at its best: tucked into the forest for privacy and quiet, yet minutes from South Lake Tahoe's restaurants, shopping, casinos, and the shores of Lake Tahoe itself. Ski resorts, hiking trails, and year round recreation are all within easy reach, making this an ideal basecamp for outdoor enthusiasts searching for a Tahoe cabin, mountain retreat, or forest adjacent home for sale.If you've been searching for homes for sale in South Lake Tahoe with direct forest access, room to store your toys, and space to make it your own, this is the one. Properties backing up to forest land with trail access this convenient don't come up often. Schedule your showing today before this South Lake Tahoe gem is gone.

Listed by Dustin Allen — Sierra Sotheby's International Realty

Listing Details

Status Active Under Contract
MLS # 143426
Days on Market 4
Sold Date 1800-01-01
Price/Sq Ft $447

Property History

Aug 28, 2026
Listed for sale
$565,000
Sep 01, 2026
Pending
$565,000
Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,264
Lot Size 0.22 acres
Year Built 1977
Property Type Single Family Residence
Style Gambrel
Subdivision Country Club Heights 1
County El Dorado
STR Jurisdiction El Dorado County
APN 081121005000
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Composition, Shingle
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
48
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$180
Occupancy
53%
Cap Rate
2.4%

STR Investment Summary — 1573 Player 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
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$180
Projected Occupancy
53.3%
Cap Rate
2.4%
Structural Score: 48 / 100 (Standard) · 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

Room to build
1,969 sq ft covered of 2,370 sq ft allowed
401 sq ft of coverage still available to add.
Parcel Size
9,479 sq ft
Allowed Coverage
2,370 sq ft · 25%
Existing Coverage
1,969 sq ft · 21%
Addable Coverage
401 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% ($113,000)
Home price
$565,000
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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