$999,900 $1,245,000 ↓ $245,100 reduced Active
1140 Sioux 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.
4 Beds
·
3.0 Baths
·
2,828 Sq Ft
Virtual Tour

About This Property

Tahoe Mountain Luxury Priced to SellDiscover an exceptional opportunity to own a spacious Lake Tahoe mountain retreat priced below market for a quick sale. Set beside peaceful U.S. Forest Service land, this beautifully crafted home combines privacy, generous living space, and classic Tahoe characterall within easy reach of Lake Baron, hiking and biking trails, golf courses, skiing, and year-round recreation.The impressive great room welcomes you with soaring vaulted ceilings and rich log and wood accents, creating the warm mountain atmosphere buyers come to Lake Tahoe to find. The gourmet kitchen is designed for gathering, featuring a large center island, gas cooktop, double ovens, granite countertops, knotty alder cabinetry, and a walk-in pantry with integrated laundry.A spiral staircase leads to a versatile loft, perfect for a home office, fitness area, game room, or additional lounge. The spacious primary suite offers three closets and a spa-inspired bath with a jetted soaking tub, walk-in shower, and dual vanities.Downstairs, a comfortable family room and three additional guest bedrooms provide plenty of room for family and friends. A large mudroom off the garage offers convenient storage for skis, snowboards, bikes, and all your Tahoe adventure gear.Outside, enjoy the forest setting and a charming tree house, along with easy access to everything that makes the Tahoe lifestyle special.Even bettera brand-new furnace and brand-new central A/C system provide efficient year-round comfort.With its size, setting, amenities, and below-market pricing, this is a standout opportunity for buyers searching for a Lake Tahoe home, mountain getaway, or full-time Tahoe residence.

Listed by Shannon Witt — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 141665
Days on Market 453
Sold Date 1800-01-01
Price/Sq Ft $354

Property History

May 23, 2025
Listed for sale
$1,245,000
Jun 26, 2026
Price changed
$1,080,000
Aug 07, 2026
Price reduced
$1,050,000 $1,080,000 ↓ $30,000
Aug 17, 2026
Price reduced
$999,900 $1,050,000 ↓ $50,100

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2023 $1,105,000 Theresa SouersBerkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe Shannon WittBerkshire Hathaway Home Services Drysdale Properties - 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.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,828
Lot Size 0.14 acres
Year Built 2007
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Paradise 2
County El Dorado
STR Jurisdiction El Dorado County
APN 034243002000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Cooling Central Refrig. A/C
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$50K – $101K typically ~$70,516
~$5,876 per month
Avg Nightly
$398
Occupancy
49%
Cap Rate
2.8%

STR Investment Summary — 1140 Sioux 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
$50K – $101K
typically ~$70,516
Avg Nightly Rate
$398
Projected Occupancy
48.6%
Cap Rate
2.8%
Structural Score: 72 / 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
2,768 sq ft covered of 60 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,006 sq ft
Allowed Coverage
60 sq ft · 1%
Existing Coverage
2,768 sq ft · 46%
Addable Coverage
0 sq ft
IPES Score
946.0
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% ($199,980)
Home price
$999,900
Loan details
30-yr fixed, 6.5%
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