$1,249,000
1232 Ute Street
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
4 Beds
·
2.0 Baths
·
3,310 Sq Ft
·
14374 Lot

About This Property

$10,000 CREDIT TO BUYER!!Here, the focus of this property is on comfort, connection, and making the most of every Tahoe moment. Enjoy lawn games in the thoughtfully landscaped, fully fenced yard, cozy evenings around the fire ring, starry nights in the hot tub, and effortless gatherings on the expansive deck with integrated lighting. For a truly special escape, head to the rooftop terrace, where sweeping views and peaceful mountain air create the perfect setting for sunrise coffee or sunset wine.Inside, the home feels fresh, modern, and beautifully renewed from floors to ceilings. A handsome wood-burning stove anchors the living space, while a light-filled great room with vaulted ceilings and a pool table offers an ideal place to entertain or unwind. A custom wet bar adds ease for hosting, and the true chef's kitchen impresses with a commercial-grade range, quartz countertops, and an oversized island perfect for prep, serving, or gathering. The grand primary suite provides a private sanctuary with spacious closets and a dreamy, luxurious bathroom.Outside the home, experience the ultimate Tahoe lifestyle in one of Meyers' most charming neighborhoods. Just blocks away is a serene non-motorized lake ideal for paddle boarding, kayaking, fishing, and summer swims. The nearby park hosts year-round activities including farmers' markets, concert series, seasonal festivals, and pickleball courts. A scenic walking and biking path steps from the front door and connects one end of town to the otherperfect for morning jogs, relaxed rides, or sunset strolls with the dog. Nearby dining and everyday conveniences offer ease without sacrificing the peaceful, away from it all'' atmosphere.

Listed by Stephanie Breiling — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142422
Days on Market 73
Sold Date 1800-01-01
Price/Sq Ft $377

Property History

Jan 02, 2026
Listed for sale
$1,249,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 3,310
Lot Size 0.33 acres
Year Built 1958
Property Type Single Family Residence
Subdivision Tahoe Paradise 3
APN 034221041000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed
Construction Wood Frame, Masonry
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($249,800)
Home price
$1,249,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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