$930,000 Active
1201 Wildwood Avenue #UNIT 1
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
2.5 Baths
·
2,108 Sq Ft

About This Property

Wildwood Commons is an intimate luxury enclave of detached homes completed in 2020, set adjacent to the open space of the El Dorado National Forest. Positioned as an end unit near the entrance of the community, this residence offers effortless access and added privacy while capturing serene forest views. The home was kept in pristine condition and includes Ethernet wiring, a whole-house fan, dual-zoned HVAC, 240V EV charging outlet, a bidet-ready master bath outlet, soft-close kitchen cabinetry, and smart-home locks, switches, and garage opener. Just a half-mile walk to both Heavenly Ski Resort's Village/Gondola and California Base Lodge. The Lake, Ski Run Marina, Casino Corridor, and dining/entertainment of South Lake Tahoe are within a mile, creating a coveted all-seasons location that pairs in-town proximity with a quiet, forested backdrop. Low maintenance construction of modern materials lends a contemporary mountain feel. HOA dues include snow removal, water, trash, and grounds care, supporting a lock-and-leave lifestyle for full-time living or low maintenance vacation use.

Listed by Matthew Biscotti — Coldwell Banker Select Incline

Listing Details

Status Active
MLS # 260009367
Price/Sq Ft $441

Property History

Jul 22, 2026
Listed for sale
$930,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,108
Lot Size 0.04 acres
Stories 2
Year Built 2019
Property Type Single Family Residence
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028-340-001-000
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s), Trees/Woods
Construction Frame, Stone
Roof Asphalt, Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $7,603
HOA Fee $400 / Monthly
HOA / Community Wildwood Commons
Schools
Elementary School Out of Area
Middle School Out Of Area
High School Out Of Area
HOA & Community
Community Amenities Gated
📊

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 — 1201 Wildwood Avenue #UNIT 1, South Lake Tahoe

Est. Annual Revenue
$51,224
Avg Nightly Rate
$293
Projected Occupancy
48.0%
Cap Rate
2.2%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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% ($186,000)
Home price
$930,000
Loan details
30-yr fixed, 6.5%
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