$59,900 $106,000 ↓ $46,100 reduced Active
1314 Melba Drive #7
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
3 Beds
·
2.0 Baths
·
960 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 15,171 of 10,748 sq ft used Home insurance $2,300 – $2,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Home being sold as is, cash only. Centrally located in the City of South Lake Tahoe. 3 bedroom 2 bath manufactured home in a small 8 unit, adult only manufactured home park. No vacation renting allowed. Vaulted ceilings and open floor plan in the kitchen, dining room and living room. Primary bedroom with walk in closet. Primary bath has a tub/shower combination. Separate laundry room. Newly replaced water heater. Parking for 2 vehicles. Space rent is $750 a month. This friendly neighborhood is a short walk to the Truckee River and beautiful meadow paths. Close to Lake Tahoe, hiking, biking, dining, shopping, hospital and world class skiing.

Listed by Patricia Balibrera — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142904
Days on Market 120
Price/Sq Ft $62

Property History

Jun 24, 2026
Listed for sale
$106,000
Jul 23, 2026
Price reduced
$94,000 $106,000 ↓ $12,000
Aug 22, 2026
Price reduced
$59,900 $94,000 ↓ $34,100
Sep 29, 2026
Relisted
$59,900
Sep 30, 2026
Price increased
$79,000 $59,900 ↑ $19,100
Oct 13, 2026
Price reduced
$59,900 $79,000 ↓ $19,100
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 960
Lot Size 0.03 acres
Year Built 1993
Property Type Manufactured Home
Style Ranch
Subdivision Melba Drive Mhp
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 910001318000
Exterior & Lot
View Mountains, Filtered, Forest
Construction Mobile/Modular Const
Roof Composition, Shingle
Foundation Post & Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $750 / Monthly
HOA & Community
Community Amenities Additional Parking
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
47
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 1314 Melba Drive #7, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 47 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
15,171 sq ft covered of 10,748 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
42,993 sq ft
Allowed Coverage
10,748 sq ft · 25%
Existing Coverage
15,171 sq ft · 35%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$403,200
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$1,316 per month
Principal & interest
$303/mo
Property taxes
$55/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$750/mo
From MLS listing data.
Home insurance
$208/mo
CA FAIR Plan + DIC estimate, ~$2,300–$2,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($11,980)
Home price
$59,900
Loan details
30-yr fixed, 6.5%
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