$710,000 Active Under Contract
2463 Fair Meadow Court
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.
3 Beds
·
2.0 Baths
·
1,799 Sq Ft

About This Property

End of one chapter and the beginning of something new! This 3-bedroom, 2-bath home with a 2-car garage is full of opportunity and ready for your personal touch. Located in one of the area's most desirable neighborhoods, known for its strong sense of community and high percentage of full-time residents, this property offers both comfort and potential. Situated on a generous 9,100+ sq. ft. lot, the home features a fenced backyard with plenty of space for entertaining, gardening, pets, or future improvements. Inside, you'll find a functional floor plan and a solid foundation for your renovation ideas and upgrades. Conveniently located near schools, shopping, dining, parks, and year-round recreation, this property offers an exceptional opportunity to create the home you've always envisioned. Whether you're a first-time buyer, investor, or someone looking to customize a home in a sought-after location, this property is packed with possibilities. Bring your vision and unlock the potential!

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 143088
Days on Market 32
Sold Date 1800-01-01
Price/Sq Ft $395

Property History

Jun 19, 2026
Listed for sale
$710,000
Jul 10, 2026
Pending
$710,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,799
Lot Size 0.21 acres
Year Built 1983
Property Type Single Family Residence
Style Split Level
Subdivision Meadow Lakes
County El Dorado
STR Jurisdiction El Dorado County
APN 080113038000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Lot Features Cul-De-Sac
View Mountains
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

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 — 2463 Fair Meadow Court, South Lake Tahoe

Est. Annual Revenue
$44,281
Avg Nightly Rate
$241
Projected Occupancy
50.3%
Cap Rate
2.5%
Structural Score: 65 / 100 (Premium) · 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
2,796 sq ft covered of 2,249 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,996 sq ft
Allowed Coverage
2,249 sq ft · 25%
Existing Coverage
2,796 sq ft · 31%
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. 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% ($142,000)
Home price
$710,000
Loan details
30-yr fixed, 6.5%
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