$729,000 Active
2891 Oakland 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.
2 Beds
·
2.0 Baths
·
1,260 Sq Ft

About This Property

Tucked away in the heart of South Lake Tahoe's sought-after Al Tahoe neighborhood, this beautifully maintained ranch-style home offers the perfect blend of mountain charm, comfort, and unbeatable location. Featuring 2 bedrooms, 2 bathrooms, and set on an expansive nearly 15,000 square foot lot, this property delivers the rare combination of privacy, open space, and walkable Tahoe living.Inside, the home welcomes you with captivating, vaulted ceilings, exposed wood beams, and an inviting open floor plan designed for effortless entertaining and everyday comfort. An abundance of windows brings in abundant natural light while showcasing the peaceful setting that surrounds the property. The spacious living area flows seamlessly into the kitchen and dining spaces, creating a warm and functional gathering place year-round.Outside, the fully manicured yard offers ample room to relax, entertain, garden, or simply enjoy the serene Tahoe atmosphere. Mature landscaping and the oversized lot provide a sense of retreat rarely found this close to town. A spacious two-car garage adds convenience and extra storage for all your Tahoe gear.Perfectly positioned just steps from the breathtaking Truckee Marsh and the crystal-clear shores of Lake Tahoe, this home places outdoor recreation right outside your door. Walk or bike to beaches, scenic trails, and local favorites including dining spots such as Sprouts, The Woods, and Elements Eatery & Bar, to name just a few. Enjoy easy access to the energy of The Shops at Heavenly Village and the Stateline casino corridor, located only 2.8 miles away.Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this exceptional Al Tahoe property captures the very best of the Tahoe lifestyle where beaches, trails, dining, entertainment, and year-round adventure are all within reach.

Listed by Peter Erdody — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142917
Sold Date 1800-01-01
Price/Sq Ft $579

Property History

May 11, 2026
Listed for sale
$729,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,260
Lot Size 0.34 acres
Stories 1
Year Built 1981
Property Type Single Family Residence
Style Ranch
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026152007000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Meadow
View Meadow
Construction Wood Frame,Wood Siding
Roof Pitched,Asphalt,Composition,Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
Annual Tax $2,300
HOA / Community South Tahoe Association of Realtors
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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 — 2891 Oakland Avenue, South Lake Tahoe

Est. Annual Revenue
$50,204
Avg Nightly Rate
$340
Projected Occupancy
40.5%
Cap Rate
2.8%
Structural Score: 69 / 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% ($145,800)
Home price
$729,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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