$375,000 Active
3344 Sandy Way #22
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
·
1.0 Baths
·
812 Sq Ft

About This Property

Location, Location, Location!This condo is walking distance to Lake Tahoe, Lakeview Commons Beach, restaurants, grocery stores, the ice rink, and the amazing new recreation center. Additionally, Heavenly Resort, Heavenly Village, and the local casinos are just a 5-minute drive away. Bijou Golf Course is only two blocks from your door, and you can access the entire town via flat bike trails or public transportation located just one block away.This attractive residence is updated with beautiful laminate flooring, updated vinyl windows, remodeled bathroom and continuous flow to additional areas that can be used as bonus sleeping quarters, work space and lounging. The kitchen is spacious with multiple prep areas. The living room can accommodate 6+. The bedrooms are sizable. There is a private pool, laundry room on site and a covered parking spot near the condo, making this an ideal fulltime residence or vacation home. Selling furnished, just bring your suitcase and start enjoying Tahoe!With reasonable HOA fees and an Attractive Price Point, this is a Fantastic opportunity to create your own Tahoe Retreat.

Listed by Jana Nelson — Compass

Listing Details

Status Active
MLS # 143318
Sold Date 1800-01-01
Price/Sq Ft $462

Property History

Aug 06, 2026
Listed for sale
$375,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2014 · county record $125,000 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.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 812
Lot Size 0.02 acres
Year Built 1961
Property Type Condominium
Subdivision Lakeview Pines
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027653005000
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame, Stucco
Roof Composition
Foundation Other
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Electric, Wall or Space Heater
Financial
HOA Fee $1,451 / Quarterly
HOA & Community
Community Amenities Pool, Additional Parking, Other/See Remarks
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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 — 3344 Sandy Way #22, South Lake Tahoe

Est. Annual Revenue
$37,693
Avg Nightly Rate
$195
Projected Occupancy
52.8%
Cap Rate
4.0%
Structural Score: 54 / 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% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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