$1,749,000
1938 Marconi Way
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.
4
Beds
·
3.0
Baths
·
2,750
Sq Ft
About This Property
Perfectly positioned in prestigious Tahoe Keys a waterfront community. Boasting exclusive amenities indoor and outdoor pool, pickleball and tennis courts, lush parks and a private beach. This inviting four-bedroom three bath home, thoughtfully built in the 1980s offers waterfront living along the tranquil channel. Light and bright open floor plan is perfect for entertaining. Close to hiking, biking and outdoor sports.
Listed by Joseph Olson — Chase International - South Lake Tahoe
Listing Details
Status
Active
MLS #
142464
Days on Market
68
Sold Date
1800-01-01
Price/Sq Ft
$636
Property History
Jan 23, 2026
Listed for sale
$1,749,000
Property Overview
Beds
4
Baths
3.0
Sq. Ft.
2,750
Lot Size
0.16 acres
Stories
2
Year Built
1988
Property Type
Single Family Residence
Subdivision
Bavarian Isle
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
022241014000
Parking
Garage Spaces
2
Parking Features
2.00
Attached Garage
Yes
Exterior & Lot
Exterior Features
Boat Dock
Lot Features
Water Front
View
Mountains,Lagoon
Construction
Wood Frame
Roof
Composition
Foundation
Concrete/Crawl Space
Utilities & Systems
Heating
Forced Air,Natural Gas
Cooling
Forced Air,Natural Gas
Financial
HOA Fee
$1,510 / Quarterly
HOA / Community
South Tahoe Association of Realtors
HOA & Community
Community Amenities
Pool,Tennis,Beach,Pier
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 — 1938 Marconi Way, South Lake Tahoe
Est. Annual Revenue
$80,272
Avg Nightly Rate
$788
Projected Occupancy
28.5%
Cap Rate
1.8%
Structural Score: 57 / 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% ($349,800)
Home price
$1,749,000
Loan details
30-yr fixed, 6.5%
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