About This Property
Welcome to this warm and inviting home in the centrally located Tahoe Island neighborhood. This single-story residence features a thoughtfully designed floor plan on a level lot, offering both comfort and convenience. Step inside to a spacious living room anchored by a gas fireplace, creating a cozy focal point for gathering. Adjacent to the living area is a charming dining nook and the kitchen with ample space for cooking. Down the hall, sits two bedrooms, a full bathroom, and the primary suite. Both bathrooms have been tastefully updated, adding a fresh, modern touch. Outside, the fully fenced backyard includes a storage shed and low-maintenance landscaping in both the front and back yards. The nearby bike path is just outside the door, and you'll enjoy being only minutes from beautiful beaches, world-class ski resorts, shopping, dining, and all that South Lake Tahoe has to offer.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 1999 · county record | $141,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Red ZoneSTR Investment Summary — 917 Rainbow Drive, South Lake Tahoe
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
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
