$1,699,000 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 19
Sold Date 1800-01-01
Price/Sq Ft $548

Property History

Apr 10, 2026
Listed for sale
$1,699,000
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
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 Central Refrig. A/C
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1071 Modoc Way, South Lake Tahoe

Est. Annual Revenue
$81,272
Avg Nightly Rate
$871
Projected Occupancy
25.1%
Cap Rate
1.9%
Structural Score: 57 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($339,800)
Home price
$1,699,000
Loan details
30-yr fixed, 6.5%
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