$1,420,000 Active
1528 Chippewa 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.
5 Beds
·
3.0 Baths
·
2,907 Sq Ft

About This Property

Beautiful custom 5 bedroom, 3 bathroom home has an oversized double garage with plenty of room for a workshop. Very quiet neighborhood and street within easy walking into the forest.The main floor features a spectacular great room with vaulted ceilings and lots of light. Spacious dining area has built in surround sound speakers.The gourmet kitchen features a professional Thermador range with hood and grill, double oven and warming rack. A large center island has a sink and breakfast bar. Ample cabinets and counter space. This is the perfect home for family and entertaining friends.Large picture windows provide lots of sunlight and serene views of the forest. Relax on the large deck off the dining area and enjoy the large gas fireplace. This is a really impressive area.The primary suite includes a charming gas fireplace, a walk-in closet and a ceiling fan. The primary bathroom has lots of natural light has double sinks, a separate shower and a jetted soaker tub. Relax and enjoy the views.A second bedroom and laundry room also share the main floor.The third floor features a bedroom and large loft for a quiet getaway, office or play room.The first floor has its own family room and 2 charming spacious bedrooms, (one with a walk-in closet) and large bathroom with dual sinks and a shower over the tub.The exterior of the home is attractive with beautiful cedar siding and two tall natural wood pillars framing the front door and deck. Excellent location for everything that Tahoe has to offer from skiing, hiking, bicycling and the downtown excitement of South Lake Tahoe.

Listed by Lloyd Aronoff — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143485
Days on Market 6
Sold Date 1800-01-01
Price/Sq Ft $488

Property History

Sep 14, 2026
Listed for sale
$1,420,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $1,125,000 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 5
Baths 3.0
Sq. Ft. 2,907
Lot Size 0.23 acres
Year Built 2005
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Paradise 9
County El Dorado
STR Jurisdiction El Dorado County
APN 034172026000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
Annual Tax $14,343
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$35K – $95K typically ~$60,000
~$5,000 per month
Avg Nightly
$356
Occupancy
46%
Cap Rate
1.7%

STR Investment Summary — 1528 Chippewa Street, 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
$35K – $95K
typically ~$60,000
Avg Nightly Rate
$356
Projected Occupancy
46.2%
Cap Rate
1.7%
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
2,794 sq ft covered of 2,524 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,096 sq ft
Allowed Coverage
2,524 sq ft · 25%
Existing Coverage
2,794 sq ft · 28%
Addable Coverage
0 sq ft
IPES Score
812.0
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 ↗

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% ($284,000)
Home price
$1,420,000
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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