$979,000 Active
352 Heather Circle
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.
4 Beds
·
2.5 Baths
·
2,667 Sq Ft
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About This Property

Nestled in the desirable Tahoe Mountain neighborhood and bordering National Forest land, 352 Heather Circle offers the perfect blend of mountain comfort, space, and year-round recreation. Ideally located near Fallen Leaf Lake, miles of hiking and mountain biking trails, and some of Tahoe's most scenic outdoor destinations, this spacious four-bedroom, two-and-a-half-bath home provides 2,667 square feet of versatile living space.The main level features an inviting great room with vaulted ceilings, laminate flooring, and a cozy gas fireplace, creating the perfect setting for gathering with family and friends. The well-appointed kitchen includes newer stainless steel appliances, a double oven, and ample workspace for entertaining and everyday living.The spacious primary suite serves as a private retreat with an en-suite bathroom featuring dual sinks, a stall shower, and a relaxing jetted soaking tub. Downstairs, you'll find a large family room along with an expansive game room complete with a second gas fireplace, pool table, and shuffleboard tableoffering plenty of space for entertaining and creating lasting memories.Step outside onto the rear deck and enjoy the peaceful forest setting. Overlooking the adjacent National Forest lot, the deck features a private hot tub where you can unwind and take in the tranquility of the surrounding trees.With its generous floor plan, exceptional recreation access, and sought-after forest setting, 352 Heather Circle is an outstanding opportunity to experience the Tahoe lifestyle at its best.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143012
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $367

Property History

Jun 04, 2026
Listed for sale
$979,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,667
Lot Size 0.23 acres
Year Built 1996
Property Type Single Family Residence
Subdivision Angora Highlands 2
County El Dorado
STR Jurisdiction El Dorado County
APN 032353017000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
View Lake
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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 — 352 Heather Circle, South Lake Tahoe

Est. Annual Revenue
$65,220
Avg Nightly Rate
$366
Projected Occupancy
48.6%
Cap Rate
2.7%
Structural Score: 52 / 100 (Standard) · STR Zone: Red

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,633 sq ft covered of 2,611 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,443 sq ft
Allowed Coverage
2,611 sq ft · 25%
Existing Coverage
2,633 sq ft · 25%
Addable Coverage
0 sq ft
IPES Score
772.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($195,800)
Home price
$979,000
Loan details
30-yr fixed, 6.5%
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