$898,000 $950,000 ↓ $52,000 reduced
1520 Cree 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.
3 Beds
·
2.0 Baths
·
2,124 Sq Ft
Virtual Tour

About This Property

Welcome to your mountain retreat in Tahoe Paradise, where pine-scented air and forest views create the perfect backdrop for year-round adventures.This well maintained three-bedroom, two-bathroom home offers an impressive 2,124 square feet of living space. Upstairs, the expansive great room immediately captures your attention with vaulted ceilings and a cozy gas fireplaceideal for warming up after a day on the slopes. The kitchen is a chef's delight, featuring elegant maple cabinetry, granite tile countertops, a gas range, and a convenient walk-in pantry/laundry room.The generous primary bedroom serves as a peaceful sanctuary, complete with laminate flooring and serene forest views. The en-suite bathroom elevates your daily routine with custom tilework, a soaking tub, and a separate stall shower. Downstairs, two comfortable guest bedrooms await your visitors, while a large family and game room provides endless entertainment possibilities with direct backyard access.Speaking of the backyard, this nearly quarter-acre lot boasts a storage shed and an authentic ski lift chair, perfect for aprs-ski photos. Multiple trees have been thoughtfully removed to create defensible space and plentiful sunshine.Best of all, this home sells fully furnished, meaning you can start living the Tahoe dream immediately. With Heavenly Ski Resort, Stateline, and the sparkling lake just minutes away, weekend getaways become everyday escapes. Schedule your private showing today and discover mountain living at its finest.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Withdrawn
MLS # 142630
Days on Market 153
Sold Date 1800-01-01
Price/Sq Ft $423

Property History

Mar 24, 2026
Listed for sale
$950,000
Jun 20, 2026
Price changed
$898,000
Aug 06, 2026
Pending
$898,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2004 · county record $560,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,124
Lot Size 0.23 acres
Year Built 2003
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 034682006000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$32K – $91K typically ~$51,653
~$4,304 per month
Avg Nightly
$279
Occupancy
51%
Cap Rate
2.3%

STR Investment Summary — 1520 Cree 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
$32K – $91K
typically ~$51,653
Avg Nightly Rate
$279
Projected Occupancy
50.7%
Cap Rate
2.3%
Structural Score: 58 / 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

Room to build
956 sq ft covered of 1,967 sq ft allowed
1,011 sq ft of coverage still available to add.
Parcel Size
9,837 sq ft
Allowed Coverage
1,967 sq ft · 20%
Existing Coverage
956 sq ft · 10%
Addable Coverage
1,011 sq ft
IPES Score
703.0
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% ($179,600)
Home price
$898,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message