$524,000 Active
1366 Bonanza Avenue
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, so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
1,300 Sq Ft

About This Property

Nestled in a quiet mountain setting, this approximately 1300 sq ft home offers a rare opportunity to create your own retreat. Surrounded by nature, flowering plants and mature trees, this property provides peace and tranquility in a serene, park-like atmosphere.This rustic home has solid potential with a functional layout and charming mountain character. Several skylights provide channels of natural light which create a bright and cheerful environment and provide warmth in the cold months for lower heating bills.The living room leads to a peaceful garden setting, creating a seamless connection to the outdoors and providing a tranquil back drop throughout the year.The owner is selling the oversized buildable lot next door. Purchase together as a package and own an unrivaled Tahoe mini-estate.

Listed by Moe Leonard — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143049
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $403

Property History

Jun 19, 2026
Listed for sale
$524,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,300
Lot Size 0.19 acres
Stories 1
Year Built 1961
Property Type Single Family Residence
Style Ranch
Subdivision W D Barton Tr
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032162011000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame
Roof Other
Foundation Slab
Utilities & Systems
Heating Fireplace
Cooling Fireplace
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 — 1366 Bonanza Avenue, South Lake Tahoe

Est. Annual Revenue
$39,658
Avg Nightly Rate
$249
Projected Occupancy
42.5%
Cap Rate
3.0%
Structural Score: 45 / 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% ($104,800)
Home price
$524,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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