$799,000 Active
3118 Deer Trail
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
3 Beds
·
2.0 Baths
·
1,398 Sq Ft

About This Property

Tucked away in the highly desirable Montgomery Estates neighborhood, this beautifully updated mountain home offers the perfect blend of comfort, style, and Tahoe living. Set on a spacious, forested lot, the property enjoys a peaceful setting where you can relax among the pines, observe abundant wildlife, and enjoy easy access to nearby creeks, hiking trails, and world-class mountain biking.Recent improvements provide both peace of mind and modern convenience, including fresh interior and exterior paint, attractive landscape enhancements, exterior/interior lighting, and a recently replaced roof. Inside, the home is thoughtfully updated with newly installed central heating and air conditioning, a whole-house fan, and a stylish fireplace with an updated surround that creates a warm and inviting gathering space.The kitchen features updated appliances, including a range, dishwasher, refrigerator, and combination microwave/exhaust hood, while the laundry area includes a newer washer and dryer. Both bathrooms have been tastefully remodeled with contemporary finishes, offering a fresh and refined feel throughout.Additional upgrades include a new electrical panel, and numerous system improvements that enhance efficiency and functionality. Whether you're looking for a full-time residence, Tahoe retreat, or investment opportunity, this move-in-ready Montgomery Estates home offers exceptional value in one of South Lake Tahoe's most sought-after neighborhoods.This is Tahoe mountain living at its best offering privacy, comfort, and year-round access to the outdoor lifestyle that makes Lake Tahoe such a special place to call home.

Listed by Fawne Hayes — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143011
Sold Date 1800-01-01
Price/Sq Ft $572

Property History

Jun 04, 2026
Listed for sale
$799,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,398
Lot Size 0.18 acres
Year Built 1975
Property Type Single Family Residence
Style Ranch
Subdivision Montgomery Estates 7
County El Dorado
STR Jurisdiction El Dorado County
APN 080154009000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed,Bear-Proof Trash Can
Construction Wood Frame,Wood Siding
Roof Composition
Utilities & Systems
Heating Forced Air
Cooling Forced Air
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 3118 Deer Trail, South Lake Tahoe

Est. Annual Revenue
$41,959
Avg Nightly Rate
$301
Projected Occupancy
38.2%
Cap Rate
2.1%
Structural Score: 47 / 100 (Standard) · STR Zone: Red

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% ($159,800)
Home price
$799,000
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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