$585,000 Active
1386 Friant Drive
South Lake Tahoe, CA 96150
⏳ 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.
4 Beds
·
2.0 Baths
·
1,376 Sq Ft

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About This Property

Exciting possibilities await the new owner of this single story, 4 bedroom, 2 bathroom home complete with a 2 car garage. A wonderful location for those who enjoy Tahoe to the fullest. It is just steps from the community trail, which allows you to walk or bike all the way from Meyers to the beaches, into town and beyond. Located on a corner lot, the home has excellent natural light that creates a bright atmosphere throughout, and the interior has just been completely repainted. The living space is uniquely split between a separate living room at the front of the house and a great room toward the back, providing plenty of options for distinct living areas. A sliding door opens directly to the fenced backyard where you will find a large deck with built-in seats and separate patio area. The two-car garage provides essential storage for vehicles and outdoor toys. The location of this home is incredibly convenient for both recreation and daily amenities. Only a 10-minute drive from Heavenly Ski Resort, Stateline, the casinos, and the Y. Lake Tahoe Community College is short walk or bike ride away, as well as Bijou Community Park. Affordably priced to add your own style to updating and making this house your home. The property has also been certificated defensible space compliant.

Listed by Ellen Camacho — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 143506
Price/Sq Ft $425

Property History

Oct 09, 2026
Listed for sale
$585,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 1993 · county record $123,500 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,376
Lot Size 0.16 acres
Year Built 1966
Property Type Single Family Residence
Style Ranch
Subdivision Pioneer Village Homes 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025764003000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
View Mountains
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
65
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 — 1386 Friant Drive, 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: 65 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,019 sq ft covered of 71 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,067 sq ft
Allowed Coverage
71 sq ft · 1%
Existing Coverage
2,019 sq ft · 29%
Addable Coverage
0 sq ft
Existing Units
1

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

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

$3,784 per month
Principal & interest
$2,958/mo
Property taxes
$534/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
$0/mo
From MLS listing data.
Home insurance
$292/mo
CA FAIR Plan + DIC estimate, ~$3,200–$3,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($117,000)
Home price
$585,000
Loan details
30-yr fixed, 6.5%
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