$499,000 Pending
1160 Herbert Avenue #A
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.
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

About This Property

Escape to the heart of South Lake Tahoe with this beautifully updated mountain retreat! Located at **1160 Herbert Ave #A**, this turnkey condo perfectly blends timeless alpine charm with fresh, modern finishes, creating a space that's as inviting as it is effortless. Whether you're searching for a full-time residence, a weekend escape, or an income-producing investment, this property checks every box. Just minutes from Heavenly Ski Resort, pristine beaches, vibrant restaurants, shopping, and endless year-round recreation, you'll spend less time driving and more time embracing the Tahoe lifestyle. After a day on the slopes, hiking the trails, or relaxing by the lake, come home to a cozy, stylish retreat designed for making memories. Adventure, convenience, and mountain living come together in one exceptional opportunity—this is Tahoe living at its finest.

Listed by Kaili Sanchez — COMPASS

Listing Details

Status Pending
MLS # 20261292
Days on Market 46
Sold Date 2026-08-29
Price/Sq Ft $430

Property History

Jun 26, 2026
Listed for sale
$499,000
Current
Pending
$499,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $289,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Year Built 1964
Property Type Residential
Style Chalet
Subdivision SurroundingArea
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025701027000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $700 / Monthly
HOA & Community
Community Amenities Pool
📊

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 — 1160 Herbert Avenue #A, South Lake Tahoe

Est. Annual Revenue
$38,146
Avg Nightly Rate
$200
Projected Occupancy
52.4%
Cap Rate
3.1%
Structural Score: 43 / 100 (Standard) · 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% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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