$8,999,000 $9,500,000 ↓ $501,000 reduced Active
753 Lakeview 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.
5 Beds
·
4.5 Baths
·
4,500 Sq Ft
Virtual Tour

About This Property

Experience the ultimate in lakefront living with this exceptional South Lake Tahoe estate, perfectly positioned in one of the area's most sought-after locations. Offering a rare combination of privacy, scale, and direct waterfront access, this property features its own private pier, two buoys, and a boat lift, creating an unmatched Tahoe lifestyle for boating, entertaining, and year-round enjoyment.Inside, the home unfolds with impressive volume, warm natural finishes, and expansive windows that capture panoramic lake views from nearly every angle. The dramatic great room showcases soaring ceilings, a massive boulder gas fireplace, and a seamless connection to the outdoors, creating a setting that feels both inviting and unforgettable. With 5 bedrooms, 4.5 bathrooms, four of which are ensuite bedrooms, and a dedicated office, the layout offers exceptional flexibility for hosting guests, working from home, or accommodating extended family.Set on a generous lot, this property offers peaceful mornings, radiant sunsets, and the ever-changing beauty of the lake throughout the day. Ideally located just moments from South Lake Tahoe's new Recreation and Aquatics Center, Lakeview Commons, Regan Beach, and the best of Tahoe's dining and entertainment, this is a rare opportunity to own a true legacy estate in the heart of South Lake Tahoe.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142878
Days on Market 45
Sold Date 1800-01-01
Price/Sq Ft $2,000

Property History

Jul 05, 2026
Listed for sale
$9,500,000
Aug 05, 2026
Price reduced
$8,999,000 $9,500,000 ↓ $501,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 1992 · county record $585,000 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 4.5
Sq. Ft. 4,500
Lot Size 0.55 acres
Year Built 1995
Property Type Single Family Residence
Style Contemporary
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026022021000
Parking
Garage Spaces 2
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can, Boat Dock, Other/See Remarks
Lot Features Lake Front
View Mountains, Lake, Forest, Ski Resort
Construction Wood Frame, Masonry Veneer, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$247K – $590K typically ~$398,853
~$33,238 per month
Avg Nightly
$3409
Occupancy
32%
Cap Rate
1.8%

STR Investment Summary — 753 Lakeview Avenue, South Lake Tahoe

Est. Gross Annual Revenue
$247K – $590K
typically ~$398,853
Avg Nightly Rate
$3409
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 63 / 100 (Premium) · 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
7,548 sq ft covered of 6,808 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
22,694 sq ft
Allowed Coverage
6,808 sq ft · 30%
Existing Coverage
7,548 sq ft · 33%
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% ($1,799,800)
Home price
$8,999,000
Loan details
30-yr fixed, 6.5%
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