$1,680,000 Active
1838 Osage Circle
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.
4 Beds
·
3.5 Baths
·
3,020 Sq Ft

About This Property

It's all about comfort and peacefulness in the mountains of Lake Tahoe! Built in 2020, this stunning 3,020-square-foot home features 4 spacious bedrooms, 3.5 bathrooms, and an oversized 3-car garage. You'll find this home has plenty of space for a large family and entertaining guests, equipped with all of the modern conveniences. Interior features include hardwood floors, chiseled-edge granite countertops, knotty alder cabinets, and a reclaimed barnwood mantel. Step outside to your private outdoor retreat enjoy a relaxing hot tub on the deck, or gather around the backyard firepit, perfect for enjoying the mountain air and warming your hands.

Listed by James Wire — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143483
Days on Market 6
Sold Date 1800-01-01
Price/Sq Ft $556

Property History

Sep 14, 2026
Listed for sale
$1,680,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $1,250,000 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 4
Baths 3.5
Sq. Ft. 3,020
Lot Size 0.29 acres
Year Built 2020
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Paradise 45
County El Dorado
STR Jurisdiction El Dorado County
APN 034654006000
Parking
Garage Spaces 3
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Bear-Proof Trash Can
Construction Wood Frame
Roof Composition, Shingle
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 Premium
72
PROJECTED GROSS ANNUAL REVENUE
$50K – $105K typically ~$70,000
~$5,833 per month
Avg Nightly
$395
Occupancy
49%
Cap Rate
1.7%

STR Investment Summary — 1838 Osage Circle, 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
$50K – $105K
typically ~$70,000
Avg Nightly Rate
$395
Projected Occupancy
48.6%
Cap Rate
1.7%
Structural Score: 72 / 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

Room to build
0 sq ft covered of 2,497 sq ft allowed
2,497 sq ft of coverage still available to add.
Parcel Size
12,486 sq ft
Allowed Coverage
2,497 sq ft · 20%
Existing Coverage
0 sq ft
Addable Coverage
2,497 sq ft
IPES Score
748.0
Land Capability · TRPA-verified
IPES

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% ($336,000)
Home price
$1,680,000
Loan details
30-yr fixed, 6.5%
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