$998,000
1238 Tokochi 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.
5 Beds
·
3.5 Baths
·
2,538 Sq Ft
·
8062 Lot

About This Property

Completely remodeled in 2015, this rustic mountain style home is located only 6 short miles to Heavenly ski resort, the lake/beach areas and adjacent to the Lake Tahoe forest. Step right out your door to miles and miles of natural forest that has some of the best hiking and biking tahoe has to offer. This full 2015 remodel was taken down to the studs and included a new roof, windows, & heating. Looks and feels like a newer construction house. Large 2,538 sq. ft., 5 bedroom, 3 1/2 bath, open floor plan features a great room with vaulted open beam wood ceilings, a wood burning fireplace with ledge rock & bookcase. Kitchen features knotty alder cabinets & stainless steel appliances. Two primary suites and game room with fireplace, wet bar & pool table. The outdoor living area has 3 decks, and fenced area with 6 person hot tub & BBQ area. Other features include cedar siding, hickory floors, knotty alder cabinets & doors, granite counter tops, and 4 car driveway. Best of all the house comes completely furnished and is turnkey ready for your summer enjoyment.

Listed by Brandon Yee — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142628
Sold Date 1800-01-01
Price/Sq Ft $393

Property History

Mar 25, 2026
Listed for sale
$998,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,538
Lot Size 0.19 acres
Stories 2
Year Built 1975
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Paradise Addition 1
APN 03364212100
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains,Forest
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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% ($199,600)
Home price
$998,000
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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