$595,000 Active
3046 Fresno Avenue
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. 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.
2 Beds
·
1.0 Baths
·
864 Sq Ft

About This Property

Turnkey Tahoe Cottage with Modern Design & Fresh Updates! Discover the perfect South Lake Tahoe getaway in the highly sought-after Al Tahoe neighborhood. Set on a sunny corner lot, this beautifully updated and fully furnished cottage blends modern design with the warmth and character of a classic Tahoe retreat. Thoughtfully refreshed and ready to enjoy today, this inviting home offers an effortless opportunity to own your own slice of the Tahoe lifestyle. Inside, clean-lined finishes, modern updates, and a smartly designed floor plan create a welcoming space for relaxing and entertaining. The step-saving tiled kitchen is complemented by a comfortable living room with fireplace, perfect for cozy evenings after a day on the mountain. The home is offered furnished, making it easy to arrive, settle in, and start enjoying your Tahoe escape from day one.The oversized one-car garage provides convenient parking and leads to a spacious laundry, pantry, and utility area, offering valuable storage for all your Tahoe gear. Outside, the sunny corner parcel features decorative split-rail-style fencing and a covered porch where you can soak up the sunshine, enjoy your morning coffee, and embrace the good life.Just minutes from the shores of Lake Tahoe, this prime location puts you close to Reagan Beach, Lakeview Commons, the meadow, and local favorite Secret Beach. Enjoy easy access to summer concerts, lakeside gatherings, local shops, and restaurants, while Stateline's entertainment, Heavenly Village, and world-class skiing are just minutes away. From beach days and stand-up paddleboarding to mountain trails, golf, and snowy adventures, everything that makes Tahoe special is within easy reach.Whether you're looking for a personal mountain retreat, a family gathering place, or a turnkey second home, this charming and stylish Al Tahoe cottage delivers the ideal combination of comfort, convenience, and year-round recreation. Come discover why this beautifully updated Tahoe home could be your next favorite place to be.

Listed by Fawne Hayes — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143466
Days on Market 2
Sold Date 1800-01-01
Price/Sq Ft $689

Property History

Sep 18, 2026
Listed for sale
$595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2020 · county record $392,000 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 2
Baths 1.0
Sq. Ft. 864
Lot Size 0.12 acres
Year Built 1959
Property Type Single Family Residence
Style Ranch
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026104016000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Construction Wood Frame, Wood Siding
Roof Composition, Shingle
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$208
Occupancy
53%
Cap Rate
2.6%

STR Investment Summary — 3046 Fresno Avenue, 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.
Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$208
Projected Occupancy
52.8%
Cap Rate
2.6%
Structural Score: 66 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,404 sq ft covered of 1,802 sq ft allowed
398 sq ft of coverage still available to add.
Parcel Size
6,007 sq ft
Allowed Coverage
1,802 sq ft · 30%
Existing Coverage
1,404 sq ft · 23%
Addable Coverage
398 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 ↗

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% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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