$1,498,000 Active
2025 Garmish Court
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.
3 Beds
·
2.0 Baths
·
1,570 Sq Ft
Virtual Tour

About This Property

Experience the best of Tahoe Keys waterfront living in this custom lakefront home, offering an exceptional combination of water access, panoramic mountain views, and inviting indoor-outdoor living. Ideally positioned for quick access to Lake Tahoe, the property features a deep-water U-shaped dock that accommodates 3 boats, beautifully landscaped grounds, and an impressive rooftop deck with a hot tub and sweeping 360-degree views of Mt. Tallac and the surrounding Sierra Nevada.The spacious great room is filled with natural light and features a gas fireplace, dining area overlooking the water, and French sliding glass doors that frame the views and open to the deck and backyard. Vaulted ceilings and strategically placed skylights further enhance the bright, open feel of the home.The updated kitchen blends style and function with granite slab and concrete countertops, maple cabinetry, and premium stainless steel appliances. The main-level primary suite enjoys beautiful views toward Heavenly Mountain Resort and Freel Peak, along with an en suite bathroom featuring custom tile, dual sinks, a separate shower, and soaking tub.Two additional bedrooms on the lower level each capture water views through sliding glass doors and are equipped with mini-split systems for added comfort and air conditioning.Designed to take full advantage of its waterfront setting, the landscaped backyard offers both lawn and sandy beach areas leading to the dockideal for relaxing, entertaining, or heading out on the water. Above it all, the rooftop deck creates a spectacular setting for soaking in the hot tub while enjoying panoramic mountain views.Additional amenities include a Tesla charging station and wiring for a backup generator. With direct boating access, multiple outdoor living spaces, and an outstanding Tahoe Keys setting, 2025 Garmish Court offers the opportunity to enjoy the Lake Tahoe lifestyle from both land and water.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143509
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $954

Property History

Sep 17, 2026
Listed for sale
$1,498,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2014 · county record $150,000 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. 1,570
Lot Size 0.15 acres
Year Built 2017
Property Type Single Family Residence
Subdivision Bavarian Isle
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022221016000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Boat Dock
Lot Features Water Front
View Mountains, Lagoon
Construction Wood Frame, Stucco
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
Financial
HOA Fee $1,800 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Security, Beach, Pier, Boat Launch, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$30K – $65K typically ~$45,000
~$3,750 per month
Avg Nightly
$244
Occupancy
50%
Cap Rate
1.2%

STR Investment Summary — 2025 Garmish Court, 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
$30K – $65K
typically ~$45,000
Avg Nightly Rate
$244
Projected Occupancy
50.5%
Cap Rate
1.2%
Structural Score: 62 / 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
1,957 sq ft covered of 1,369 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,758 sq ft
Allowed Coverage
1,369 sq ft · 20%
Existing Coverage
1,957 sq ft · 29%
Addable Coverage
0 sq ft
IPES Score
490.0
Land Capability · TRPA-verified
IPES
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% ($299,600)
Home price
$1,498,000
Loan details
30-yr fixed, 6.5%
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