$1,149,000 $1,179,000 ↓ $30,000 reduced Active
953 Lakeview Avenue #4
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
2 Beds
·
3.0 Baths
·
1,320 Sq Ft

About This Property

Labor Day Open House Saturday 11:00-2:00pm Come check us out!!! Be here for all the fun winter activities !!! Lake views, a private pier, and a private buoy come together in this beautifully maintained two-bedroom, three-bath townhouse, offering a rare opportunity to enjoy lakefront living in the heart of Al Tahoe. Set within an intimate lakefront community with a recently redesigned bulkhead and landing leading to the pier, this home blends the convenience of in-town living with the recreation and beauty that make Lake Tahoe so special.Just steps from Lakeview Commons, beaches, restaurants, bike paths, and year-round community events, few locations in South Lake Tahoe offer this combination of lake access, walkability, and convenience. Start your morning with a walk along the shoreline, launch your paddleboard or boat onto the lake, spend the afternoon at the beach, and finish the day watching the sunset over the lake. Heavenly Resort, Stateline, and countless outdoor adventures are all just minutes away.Inside, the home has been thoughtfully updated and meticulously cared for. The inviting floor plan offers comfortable living spaces that are equally suited for everyday living, entertaining, or a weekend escape. The sellers have incorporated custom touches throughout, including distinctive lighting, fixtures, and flexible built-in workspaces that add both character and functionality while creating a home that truly stands apart.Large windows frame lake views and fill the home with natural light, while the well-designed layout makes the most of every square foot. Whether you're searching for a full-time residence, a second home, or a mountain retreat, 953 Lakeview offers an exceptional combination of location, lake access, thoughtful design, and the relaxed Tahoe lifestyle that so many buyers seek.

Listed by Debra Howard — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143235
Days on Market 53
Sold Date 1800-01-01
Price/Sq Ft $870

Property History

Jul 22, 2026
Listed for sale
$1,179,000
Jul 23, 2026
Price increased
$1,180,000 $1,179,000 ↑ $1,000
Aug 31, 2026
Price reduced
$1,149,000 $1,180,000 ↓ $31,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2013 · county record $389,500 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.

Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,320
Lot Size 0.01 acres
Year Built 1977
Property Type Townhouse
Style Other/See Remarks
Subdivision Al T Lakeview Condos
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026280004000
Exterior & Lot
Exterior Features Storage Shed
Lot Features Lake Front
View Mountains, Lake, Ski Resort
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $555 / Monthly
HOA & Community
Community Amenities Additional Parking, Pier
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$35,000
~$2,917 per month
Avg Nightly
$174
Occupancy
55%
Cap Rate
1.2%

STR Investment Summary — 953 Lakeview Avenue #4, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$25K – $60K
typically ~$35,000
Avg Nightly Rate
$174
Projected Occupancy
55.0%
Cap Rate
1.2%
Structural Score: 57 / 100 (Premium) · 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
523 sq ft covered of 175 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
584 sq ft
Allowed Coverage
175 sq ft · 30%
Existing Coverage
523 sq ft · 90%
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% ($229,800)
Home price
$1,149,000
Loan details
30-yr fixed, 6.5%
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