$649,000 Active
3045 Nevada 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.
3 Beds
·
2.0 Baths
·
1,188 Sq Ft
Virtual Tour

About This Property

Charming Al Tahoe Retreat: Ideal for Primary or Second HomeDiscover this inviting 3-bedroom home located in the sought-after Al Tahoe neighborhood, just a few blocks from the breathtaking shores of Lake Tahoe. Featuring two loft-style bedrooms, this residence offers plenty of space for family and friends, along with two full baths for added convenience.Set on an expansive corner lot, the property includes a welcoming porch, perfect for enjoying peaceful evenings. The spacious front and side yards provide ample room for outdoor activities and relaxation.With easy access to local restaurants and beaches, you can stroll or bike to explore the vibrant community. This home is truly a perfect getaway, whether for everyday living or a seasonal retreat. Don't miss the opportunity to make this gem your own!Key Features:- 3 Bedrooms (2 loft-style)- 2 Full Baths- Expansive Corner Lot- Welcoming Porch- Spacious Front and Side Yards- Short Walk to Lake Tahoe- Close to Restaurants and BeachesExperience the best of Lake Tahoe living in this charming home!

Listed by Tiffany Grimes — Mountain Luxury Properties

Listing Details

Status Active
MLS # 143055
Sold Date 1800-01-01
Price/Sq Ft $546

Property History

Jun 15, 2026
Listed for sale
$649,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,188
Lot Size 0.14 acres
Year Built 1971
Property Type Single Family Residence
Style Cabin
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026104013000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed
View None
Construction Wood Frame
Roof Pitched,Asphalt
Foundation Other
Utilities & Systems
Heating Natural Gas,Wall or Space Heater
Cooling Natural Gas,Wall or Space Heater
Financial
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 — 3045 Nevada Avenue, South Lake Tahoe

Est. Annual Revenue
$38,941
Avg Nightly Rate
$284
Projected Occupancy
38.6%
Cap Rate
2.4%
Structural Score: 50 / 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% ($129,800)
Home price
$649,000
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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