$370,000 Active
1390 Ski Run Boulevard #12
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, so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
800 Sq Ft

About This Property

Mountain living meets unbeatable convenience in this centrally located Tahoe condo in the heart of the desirable Ski Run neighborhood. Just minutes from Heavenly Mountain Resort, Ski Run Marina, restaurants, shopping, beaches, and the casino corridor, you'll have easy access to everything South Lake Tahoe has to offer. The functional floor plan features two bedrooms and a full bath on the lower level, while the upper level offers vaulted wood-beam ceilings, an open-concept living area, a wood-burning fireplace, kitchen, and a second full bath. Large windows provide abundant natural light and a warm mountain atmosphere. Additional features include a newer furnace, newer washer and dryer, and nearby access to the Power Line Trail for hiking and mountain biking. Whether you're looking for a primary residence, weekend getaway, or seasonal retreat, this condo offers an outstanding opportunity to enjoy Tahoe's year-round lifestyle from a convenient central location.

Listed by William Wilkes — Redfin Corporation

Listing Details

Status Active
MLS # 143084
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $462

Property History

Jun 20, 2026
Listed for sale
$370,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 800
Year Built 1973
Property Type Condominium
Style Chalet
Subdivision Needle Peak Villas
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025901012000
Parking
Parking Features 0.00
Exterior & Lot
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Crawl Space,Post & Pier
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
HOA Fee $1,674 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Other/See Remarks
📊

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 — 1390 Ski Run Boulevard #12, South Lake Tahoe

Est. Annual Revenue
$29,541
Avg Nightly Rate
$212
Projected Occupancy
37.9%
Cap Rate
3.2%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

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
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% ($74,000)
Home price
$370,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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