$625,000 Active
1418 Skyline 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
·
1,104 Sq Ft

About This Property

Beautiful 3 bedroom home set on an oversized lot in an ideal location and stunning mountain views from your deck.Conveniently located just off Elks Club this home is near many hiking, biking trails and is a short drive to to area ski resorts. The community of Meyers is nearby with several local favorite restaurants, golf, Holiday Market and more. The home features three bedrooms, two full bathrooms, and per the assessor records the lot is 25,265 square feet.The living area, kitchen and dining area are located in the center of the single story home. The primary bedroom with an ensuite, full bathroom, is on one side, the other two bedrooms and second full bath are on the other side, creating a nice separation. The deck with mountain views runs the full width of the home. There is a fenced area off the deck-perfect for dogs or kids.

Listed by Michelle Blue-Benedict — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143456
Days on Market 16
Sold Date 1800-01-01
Price/Sq Ft $566

Property History

Sep 04, 2026
Listed for sale
$625,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2020 · county record $360,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,104
Lot Size 0.58 acres
Year Built 1978
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Paradise Addition 1
County El Dorado
STR Jurisdiction El Dorado County
APN 081051004000
Exterior & Lot
View Mountains
Construction Wood Frame
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

Red Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$176
Occupancy
54%
Cap Rate
2.3%

STR Investment Summary — 1418 Skyline Drive, 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 – $55K
typically ~$35,000
Avg Nightly Rate
$176
Projected Occupancy
54.5%
Cap Rate
2.3%
Structural Score: 51 / 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

Room to build
2,298 sq ft covered of 5,026 sq ft allowed
2,728 sq ft of coverage still available to add.
Parcel Size
25,129 sq ft
Allowed Coverage
5,026 sq ft · 20%
Existing Coverage
2,298 sq ft · 9%
Addable Coverage
2,728 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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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