$1,649,000 $1,699,000 ↓ $50,000 reduced Active
1071 Modoc Way
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
·
4.0 Baths
·
3,101 Sq Ft

About This Property

Welcome to this beautifully crafted new construction home in the family-friendly neighborhood where convenience and community come together. Superior finishes and expert craftsmanship are apparent from the moment you arrive. Designed with a timeless aesthetic, this home offers warmth, charm and space for multiple families to gather. The downstairs level has the option for a lock-off with private entrance, a second living room, kitchenette and second primary suite. The large pie-shaped lot offers privacy, space and beautiful mountain views off the rear deck. The neighborhood has everything you could ask for. Hiking and biking trails to the river and Lake Baron, restaurants, a grocery store, a park with playground and pickleball courts, farmers market in the summer, live music at lake Baron, a golf course and more all within walking or biking distance. If you are looking for the ideal summer retreat in Tahoe, this is it.

Listed by Leila Kuelper — Ascent Property Group

Listing Details

Status Active
MLS # 142704
Days on Market 131
Sold Date 1800-01-01
Price/Sq Ft $532

Property History

Apr 10, 2026
Listed for sale
$1,699,000
Jul 07, 2026
Price changed
$1,649,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2021 · county record $250,000 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 5
Baths 4.0
Sq. Ft. 3,101
Lot Size 0.35 acres
Year Built 2025
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Paradise 6
County El Dorado
STR Jurisdiction El Dorado County
APN 034382005000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains,Forest
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$38K – $104K typically ~$73,884
~$6,157 per month
Avg Nightly
$430
Occupancy
47%
Cap Rate
1.8%

STR Investment Summary — 1071 Modoc Way, 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
$38K – $104K
typically ~$73,884
Avg Nightly Rate
$430
Projected Occupancy
47.0%
Cap Rate
1.8%
Structural Score: 57 / 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
0 sq ft covered of 152 sq ft allowed
152 sq ft of coverage still available to add.
Parcel Size
15,174 sq ft
Allowed Coverage
152 sq ft · 1%
Existing Coverage
0 sq ft
Addable Coverage
152 sq ft
IPES Score
1015.0
Land Capability · TRPA-verified
1b, 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 ↗

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% ($329,800)
Home price
$1,649,000
Loan details
30-yr fixed, 6.5%
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