$969,900 Active
1346 Bonanza Avenue
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.
3 Beds
·
2.5 Baths
·
2,150 Sq Ft

About This Property

Tahoe value alertpriced at $969,900.This custom-built 3-bedroom, 2.5-bath home offers approximately 2,150 square feet of well-designed living space on a .32-acre forested parceldelivering a rare combination of size, setting, and price in today's market.The upper-level great room features hardwood flooring, a river rock fireplace, and direct access to an expansive deck with spa, fire pit, and BBQcreating strong appeal for both owner-occupants and second-home buyers. The open-concept kitchen includes granite countertops, a large island with 5-burner gas cooktop, and a walk-in pantryideal for entertaining and long-term functionality.A spacious primary suite, additional downstairs living area, and flexible guest accommodations enhance livability and rental potential (buyer to verify local regulations).Oversized heated and insulated garage offers exceptional utility, with room for vehicles, gear, and recreational storageincluding boat capacity. All this pride of ownership extends to the brand new roof plus freshly painted and stained decks and stairs and so much more.Located minutes from outdoor recreation, beaches, and local amenities, this property represents a compelling opportunity to secure a Tahoe foothold at a competitive price point.Space, usability, and locationpositioned for both lifestyle and long-term value.

Listed by Debra Howard — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142872
Sold Date 1800-01-01
Price/Sq Ft $451

Property History

May 08, 2026
Listed for sale
$969,900
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,150
Lot Size 0.32 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Style Contemporary
Subdivision W D Barton Tr
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032162005000
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 Forest
Construction Wood Frame,Wood Siding
Roof See Remarks,Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Wall or Space Heater
Cooling Forced Air,Natural Gas,Wall or Space Heater
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%

STR Investment Summary — 1346 Bonanza Avenue, South Lake Tahoe

Est. Annual Revenue
$53,766
Avg Nightly Rate
$427
Projected Occupancy
34.2%
Cap Rate
2.2%
Structural Score: 70 / 100 (Premium) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($193,980)
Home price
$969,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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