$744,000 Active
1359 Pine Valley Road
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
·
1,500 Sq Ft

About This Property

Welcome home to this bright and beautifully updated 3-bedroom, 2-bathroom home with a 2-car garage, tucked away on a low traffic dead-end street. The open-concept living area is warm and inviting, featuring a cozy gas fireplace and abundant natural light.The thoughtfully designed kitchen is perfect for everyday living and entertaining, offering stainless steel appliances, granite countertops, rich hickory cabinetry, and durable luxury vinyl plank flooring. Two bedrooms are on the main level, while the larger upstairs bedroom has open beams and connects to the upstairs deck.The downstairs bathroom has been updated with a curbless walk-in shower for both style and accessibility. Most windows are energy-efficient triple-pane, and multiple skylights fill the home with sunshine while showcasing beautiful mountain views by day and moonlit skies at night.Step outside to the entry deck, complete with a plumbed propane line for barbecuing. The 2-car garage offers plenty of room for vehicles, while the newer Tuff Shed provides additional storage for tools, outdoor gear, and recreational toys.If you're looking for a move-in-ready home with modern updates and plenty of natural light, this one is a must-see.

Listed by Nicole Zaborsky — Ascent Property Group

Listing Details

Status Active
MLS # 143292
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $496

Property History

Jul 31, 2026
Listed for sale
$744,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,500
Lot Size 0.27 acres
Year Built 1975
Property Type Single Family Residence
Subdivision Rollingwood Heights
County El Dorado
STR Jurisdiction El Dorado County
APN 081142003000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame
Roof Flat, Asphalt
Utilities & Systems
Heating Forced Air
📊

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 — 1359 Pine Valley Road, South Lake Tahoe

Est. Annual Revenue
$43,561
Avg Nightly Rate
$226
Projected Occupancy
53.0%
Cap Rate
2.3%
Structural Score: 71 / 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

Room to build
2,395 sq ft covered of 3,579 sq ft allowed
1,184 sq ft of coverage still available to add.
Parcel Size
11,930 sq ft
Allowed Coverage
3,579 sq ft · 30%
Existing Coverage
2,395 sq ft · 20%
Addable Coverage
1,184 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% ($148,800)
Home price
$744,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message