$890,000 $895,000 ↓ $5,000 reduced Active Under Contract
3359 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.
4 Beds
·
2.0 Baths
·
2,254 Sq Ft
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About This Property

Located in the highly desirable Tahoe Tyrol community, this spacious 4-bedroom, 2-bath chalet offers the perfect blend of mountain charm, comfort, and everyday convenience. With 2,254 sq. ft. of living space, this home features filtered lake views, dramatic open beam vaulted ceilings, a cozy wood-burning fireplace, a loft overlooking the great room, and an expansive deck that brings the outdoors in.The flexible layout provides plenty of room for family, guests, or entertaining, making it ideal as a full-time residence, second home, or mountain retreat. Warm natural light, classic Tahoe architecture, and multiple gathering spaces create an inviting atmosphere throughout.Perfectly positioned between Heavenly Resort and Stateline, you're just minutes from world-class skiing, hiking, biking, dining, entertainment, shopping, and only 4 miles to Nevada Beach. Residents also enjoy Tahoe Tyrol amenities including a community pool, spa, clubhouse, and low HOA duesadding comfort and value to this sought-after location.A true Tahoe escape with space, views, and location all in one.

Listed by Victor Maus — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active Under Contract
MLS # 143052
Days on Market 36
Sold Date 1800-01-01
Price/Sq Ft $395

Property History

Jun 16, 2026
Listed for sale
$890,000
Jul 08, 2026
Price changed
$890,000
Jul 15, 2026
Pending
$890,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,254
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 028301034000
Exterior & Lot
Lot Features Adjacent to Forest
View Mountains, Lake, Filtered, Forest
Construction Wood Frame, Masonry, Stucco, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1
HOA Fee $140 / Monthly
HOA & Community
Community Amenities Pool, Sauna, Spa, Additional Parking
📊

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 — 3359 Pine Hill Road, South Lake Tahoe

Est. Annual Revenue
$49,749
Avg Nightly Rate
$284
Projected Occupancy
48.0%
Cap Rate
2.2%
Structural Score: 57 / 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
1,398 sq ft covered of 399 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,997 sq ft
Allowed Coverage
399 sq ft · 20%
Existing Coverage
1,398 sq ft · 70%
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% ($178,000)
Home price
$890,000
Loan details
30-yr fixed, 6.5%
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