$1,725,000 $1,888,000 ↓ $163,000 reduced Active
1340 Wildwood Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
6 Beds
·
3.0 Baths
·
2,960 Sq Ft

About This Property

Excellent location within walking distance to California base lodge at Heavenly Valley ski resort.Sells fully furnished and is presently on a vacation rental program. Large living room has open beam ceilings and a dining area for the whole family. The modern kitchen on main floor features beautiful granite slab counters and new stainless steel appliances. Custom alder cabinets and commercial style gas range and vent hood. Walk out the kitchen to a giant sundeck overlooking a private setting with views of trees and mountains. Upstairs also features 3 bedrooms and 2.5 remodeled bathrooms. New flooring throughout. All 4 bathrooms have been redone with lovely tile. Downstairs is a large living area with 3 bedrooms, 2 bathrooms, an office, a spacious family room with a wet bar, and a pool table room with pine walls and ceiling. Newer paint inside and out. Just minutes from everything Lake Tahoe has to offer from the Heavenly Ski resort, the Ski Run marina on Lake Tahoe, shopping, casinos, restaurants, golfing, bike trails. Fully furnished and move-in ready.

Listed by Lloyd Aronoff — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142825
Days on Market 112
Sold Date 1800-01-01
Price/Sq Ft $583

Property History

Apr 29, 2026
Listed for sale
$1,888,000
Jun 23, 2026
Price changed
$1,740,000
Aug 12, 2026
Price reduced
$1,725,000 $1,740,000 ↓ $15,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2023 · county record $1,025,000 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 6
Baths 3.0
Sq. Ft. 2,960
Lot Size 0.23 acres
Year Built 1964
Property Type Single Family Residence
Style Split Level
Subdivision Lakeview Terrace
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028051022000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains, Filtered, Forest, Ski Resort
Construction Wood Frame, Wood Siding
Roof Pitched
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $14,343
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$36K – $68K typically ~$53,071
~$4,423 per month
Avg Nightly
$324
Occupancy
45%
Cap Rate
1.2%

STR Investment Summary — 1340 Wildwood Avenue, South Lake Tahoe

Est. Gross Annual Revenue
$36K – $68K
typically ~$53,071
Avg Nightly Rate
$324
Projected Occupancy
45.1%
Cap Rate
1.2%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

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
3,372 sq ft covered of 100 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,039 sq ft
Allowed Coverage
100 sq ft · 1%
Existing Coverage
3,372 sq ft · 34%
Addable Coverage
0 sq ft
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% ($345,000)
Home price
$1,725,000
Loan details
30-yr fixed, 6.5%
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