About This Property
Welcome to 1027 Truckee Drive, a charming two-bedroom, one-bath home offering 1,024 square feet of living space in a convenient central South Lake Tahoe location. Within walking distance to shopping, restaurants, and everyday amenities, this property is an excellent opportunity for first-time homebuyers, investors, or anyone looking to add their own personal touches.The inviting living room features vaulted open beam ceilings and warm pine paneling, creating a classic Tahoe cabin feel. The kitchen retains its original cabinetry while offering the convenience of a newer gas range, and an adjacent laundry room provides added functionality.Both bedrooms are generously sized and feature open beam ceilings. The bathroom has been modestly updated with a tiled shower while maintaining the home's original charm.Outside, the fully fenced backyard offers plenty of space for pets, gardening, or entertaining and includes a storage shed for your outdoor gear and tools. Additional features include a welcoming front porch, double-pane windows, and a roof that was replaced approximately four years ago.With solid bones, classic mountain character, and room to update at your own pace, this home is a fantastic opportunity to build equity in a desirable South Lake Tahoe location.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1027 Truckee Drive, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.
Verify on Tahoe Info ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings