$1,695,000 Active
1142 Modoc Way
South Lake Tahoe, CA 96150

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✗ STR Not Allowed — Cap Reached, New Applicants Waitlisted
El Dorado County's 900-permit Tahoe Basin cap is reached, so new applicants go on the county's waitlist — no new permits are being issued.
4 Beds
·
4.0 Baths
·
3,041 Sq Ft

Our data on this home

About This Property

Brand-new construction in South Lake Tahoe's Tahoe Paradise neighborhood. This 3,041 sq ft home offers 4 bedrooms and 4 bathrooms with a bright, open layout and clean modern finishes throughout. The main level features a vaulted great room with fireplace, large kitchen with beautiful waterfall-edge island, two en-suite bedrooms and access to an expansive rear deck. Downstairs are two additional bedrooms, a full bath and a spacious family room with plenty of room for a pool table or game area, plus a second fireplace, kitchenette/bar and separate exterior entrance. 3-car garage and a large, level backyard surrounded by Tahoe pines. Conveniently located near Lake Baron, Tahoe Paradise Park, trails, the Upper Truckee River and Meyers amenities. Don't miss out!

Listed by Igor Musiyets — Realty One Group Complete

Listing Details

Status Active
MLS # 143518
Days on Market 29
Price/Sq Ft $557

Property History

Sep 23, 2026
Listed for sale
$1,695,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2024 $172,000 Jessica HughesChase International - South Lake Tahoe —

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 4
Baths 4.0
Sq. Ft. 3,041
Lot Size 0.23 acres
Year Built 2026
Property Type Single Family Residence
Style Contemporary
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034283015000
Parking
Garage Spaces 3
Attached Garage Yes
Exterior & Lot
Roof Shingle, Metal
Utilities & Systems
Heating Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
75
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.

STR Investment Summary — 1142 Modoc Way, 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.
Structural Score: 75 / 100 (Luxury) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 2,513 sq ft allowed
2,513 sq ft of coverage still available to add.
Parcel Size
10,053 sq ft
Allowed Coverage
2,513 sq ft · 25%
Existing Coverage
0 sq ft
Addable Coverage
2,513 sq ft
IPES Score
889.0
Land Capability · TRPA-verified
IPES

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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$7,100 – $8,300/yr
about $642/mo
Est. Rebuild Cost (Coverage A)
$1,277,220
FAIR Plan (fire)
$5,900/yr
DIC wrap (theft, water, liability)
$1,200 – $2,400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$10,759 per month
Principal & interest
$8,571/mo
Property taxes
$1,546/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$642/mo
CA FAIR Plan + DIC estimate, ~$7,100–$8,300/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($339,000)
Home price
$1,695,000
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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