$675,000 Active Under Contract
3338 Pine Hill Road
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 (residential zones), so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
1,992 Sq Ft

About This Property

Nestled within the desirable Tahoe Tyrol community of South Lake Tahoe, this inviting chalet-style home offers the perfect blend of comfort, convenience, and mountain charm. Ideally located at the base of Heavenly Mountain Resort, you'll enjoy easy access to world-class skiing, hiking and biking trails, Heavenly Village, the gondola, restaurants, shopping, and the year-round recreation that makes Tahoe such a sought-after destination.Inside, the home features two comfortable bedrooms plus a versatile loft space that can easily serve as additional sleeping accommodations, a home office, media room, or recreation area.The welcoming living area features soaring two-story vaulted ceilings and abundant natural light, creating a bright, open gathering space that captures the warmth and character of classic mountain living.Residents of Tahoe Tyrol enjoy access to a variety of community amenities, including a pool, hot tub, and clubhouse with lake views. Being sold furnished, this inviting mountain retreat offers a seamless transition for its next owner, allowing you to move in and immediately begin enjoying everything Tahoe has to offer.Whether you're seeking a full-time residence, vacation retreat, or investment property, this home offers an exceptional opportunity to experience the Tahoe lifestyle in one of South Lake Tahoe's most popular communities.

Listed by William Hobbs — Intero Real Estate Services

Listing Details

Status Active Under Contract
MLS # 143065
Days on Market 25
Sold Date 1800-01-01
Price/Sq Ft $339

Property History

Jun 23, 2026
Listed for sale
$675,000
Current
Pending
$675,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,992
Lot Size 0.05 acres
Year Built 1980
Property Type Single Family Residence
Style Chalet
Subdivision Tahoe Tyrol
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028301042000
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame
Financial
HOA Fee $135 / Monthly
HOA & Community
Community Amenities Pool, Sauna, Spa, Club House
📊

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 — 3338 Pine Hill Road, South Lake Tahoe

Est. Annual Revenue
$38,783
Avg Nightly Rate
$206
Projected Occupancy
51.4%
Cap Rate
2.3%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
584 sq ft covered of 398 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,992 sq ft
Allowed Coverage
398 sq ft · 20%
Existing Coverage
584 sq ft · 29%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($135,000)
Home price
$675,000
Loan details
30-yr fixed, 6.5%
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