$644,000 $659,000 ↓ $15,000 reduced Active
693 Kiowa Drive
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
·
1,204 Sq Ft

About This Property

Tucked away in the Tahoe Paradise neighborhood, 693 Kiowa Dr offers a taste of tranquil mountain living on an expansive .31-acre, partially landscaped, level lot. This classic 3-bedroom, 2-bathroom single-story home is thoughtfully set back on the parcel, offering extra privacy. Inside you'll find vaulted ceilings, a traditional wood-burning stove, tasteful updates, A/C and more. Practicality meets peace of mind here as well, with a roof that is only two years old. The property is positioned moments away from scenic hiking and biking trails, the beauty of the Upper Truckee River, backcountry skiing, snowmobile access and more!

Listed by Colin Farnsworth — Compass

Listing Details

Status Active
MLS # 143168
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $535

Property History

Jul 04, 2026
Listed for sale
$659,000
Jul 15, 2026
Price reduced
$644,000 $659,000 ↓ $15,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2017 · county record $386,000 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 3
Baths 2.0
Sq. Ft. 1,204
Lot Size 0.31 acres
Year Built 1975
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction El Dorado County
APN 033422028000
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$27K – $54K typically ~$36,989
~$3,082 per month
Avg Nightly
$188
Occupancy
54%
Cap Rate
2.3%

STR Investment Summary — 693 Kiowa Drive, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$27K – $54K
typically ~$36,989
Avg Nightly Rate
$188
Projected Occupancy
54.1%
Cap Rate
2.3%
Structural Score: 50 / 100 (Standard) · STR Zone: Red

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
2,566 sq ft covered of 681 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,617 sq ft
Allowed Coverage
681 sq ft · 5%
Existing Coverage
2,566 sq ft · 19%
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% ($128,800)
Home price
$644,000
Loan details
30-yr fixed, 6.5%
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