$535,000 Closed
3316 Bruce Drive
South Lake Tahoe, CA 96150
SOLD 2026-09-09
Sold for $535,000
2 Beds
·
1.0 Baths
·
864 Sq Ft

About This Property

This Sweet home has been Modernized, Refreshed & Renovated with updated features of:-Roof -Exterior Paint -Interior Paint -Laminate Flooring and carpet in bedrooms -Vanity -Kitchen Cabinets -Quartz counter tops -Samsung electric range -Sinks -Faucets -Water Heater.The kitchen and dining room open up to a spacious living room with vaulted ceilings throughout the home.This home has a fantastic location across from Bijou Meadow and offers easy access to the new City of SLT bike path. The central in-town location is close to all Lake Tahoe amenities including short distances to skiing, biking & beaches.Gated RV or Boat StorageTwo sides of the property are USFS and CA Conservancy land which provide privacy. These government parcels are believed to be unbuildable.Come take a look today, the property is turn-key and ready for a new owner to enjoy!

Listed by Jana Nelson — Compass

Listing Details

Status Closed
MLS # 143280
Sold Date 2026-09-09
Sold Price $535,000
Price/Sq Ft $619

Property History

Jul 30, 2026
Listed for sale
$535,000
Aug 02, 2026
Pending
$535,000
Sep 10, 2026
Sold
$535,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2003 · county record $238,000 Deed record — brokerage sides not reported
Sep 2026 · this listing $535,000 (+125%) Jana NelsonCompass Diana AbbateBerkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

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 0.14 acres
Year Built 1969
Property Type Single Family Residence
Subdivision Rancho Bijou
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025403009000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Other/See Remarks
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas

STR Investment Summary — 3316 Bruce Drive, 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
3.0%
Structural Score: 55 / 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

Over coverage limit
1,398 sq ft covered of 60 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
5,991 sq ft
Allowed Coverage
60 sq ft · 1%
Existing Coverage
1,398 sq ft · 23%
Addable Coverage
0 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 ↗
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