$450,000 Active
2692 Springwood Drive
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
·
2.0 Baths
·
1,216 Sq Ft
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About This Property

Located in the desirable Highland Woods planned unit development, this well-maintained three-bedroom, two-bath chalet offers a low-maintenance lifestyle in a central South Lake Tahoe location close to Heavenly Mountain Resort, area beaches, dining, and shopping. Backing to a large common grassy area, the setting provides extra space and a peaceful mountain feel.The downstairs living floor plan features vaulted open beam ceilings, a cozy wood-burning fireplace, and an inviting living area filled with natural light. The main level also includes a bedroom, full bathroom, and separate laundry room for added convenience. Upstairs are two additional bedrooms with open beam ceilings along with a second full bathroom.This property has been very well maintained and features newer exterior doors, double-pane windows, and a spacious back deck that opens to the beautifully maintained common area. Whether you are looking for a full-time residence, vacation getaway, or investment property, this chalet offers a great combination of comfort, convenience, and classic Tahoe charm.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142964
Sold Date 1800-01-01
Price/Sq Ft $370

Property History

May 22, 2026
Listed for sale
$450,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,216
Lot Size 0.02 acres
Year Built 1977
Property Type Single Family Residence
Style Chalet
Subdivision Highld Wds Plnd Dev
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031351008000
Exterior & Lot
Lot Features Cul-De-Sac
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,200 / Quarterly
HOA & Community
Community Amenities Other/See Remarks
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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 — 2692 Springwood Drive, South Lake Tahoe

Est. Annual Revenue
$38,746
Avg Nightly Rate
$282
Projected Occupancy
38.6%
Cap Rate
3.4%
Structural Score: 49 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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