$1,595,000 Active
3370 Janet Drive
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
·
3.0 Baths
·
2,433 Sq Ft

About This Property

Far beyond the typical South Shore spec build, this brand-new residence stands apart for its architecture, materials and execution. Warm clear Hem Fir siding plays against dark fiber-cement cladding, while river-stone accents, black-framed windows and a paver driveway give the exterior a sharp, contemporary Tahoe presence.Inside, the craftsmanship speaks for itself. A floating solid-oak staircase with exposed steel and glass becomes an immediate focal point, complemented by wide-plank oak flooring, Level 5 smooth walls, solid oak doors and custom lighting throughout.Upstairs, vaulted ceilings and exposed purlin beams give the great room both scale and warmth. A Venetian plaster fireplace is framed by custom white oak built-ins and backlit shelving, while a cantina-style stacking door opens nearly the entire living area to a generous upper deck. The adjoining kitchen pairs custom cabinetry with Taj Mahal quartzite, a waterfall island and commercial-style GE Caf appliances.The primary suite continues the same level of finish with architectural LED ceiling detail, a large custom walk-in closet and a bath wrapped in Italian porcelain tile with floating vanities, a freestanding limestone tub and oversized shower. A second family room downstairs opens to a covered deck and flat, fully fenced backyard.Central A/C, a high-efficiency modulating furnace, upgraded exterior insulation, structured media, custom closets and an oversized 2-car garage add substance behind the design.Minutes from Heavenly, Lake Tahoe, Heavenly Village and Stateline, with potential for vacation-rental use subject to City requirements. Newly completed and never lived in, this is a home that genuinely occupies a different tier of South Shore new construction.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 143394
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $656

Property History

Aug 21, 2026
Listed for sale
$1,595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2023 · county record $140,000 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 4
Baths 3.0
Sq. Ft. 2,433
Lot Size 0.14 acres
Year Built 2026
Property Type Single Family Residence
Style Split Level
Subdivision Rancho Bijou 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025395011000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
View Mountains, Filtered, Forest
Construction Wood Frame, Masonry, Wood Siding
Roof Pitched, Asphalt, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Luxury
76
PROJECTED GROSS ANNUAL REVENUE
$43K – $87K typically ~$61,540
~$5,128 per month
Avg Nightly
$338
Occupancy
50%
Cap Rate
1.5%

STR Investment Summary — 3370 Janet Drive, South Lake Tahoe

Est. Gross Annual Revenue
$43K – $87K
typically ~$61,540
Avg Nightly Rate
$338
Projected Occupancy
50.0%
Cap Rate
1.5%
Structural Score: 76 / 100 (Luxury) · STR Zone: Yellow

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

Room to build
329 sq ft covered of 1,805 sq ft allowed
1,476 sq ft of coverage still available to add.
Parcel Size
6,017 sq ft
Allowed Coverage
1,805 sq ft · 30%
Existing Coverage
329 sq ft · 5%
Addable Coverage
1,476 sq ft
IPES Score
841.0
Land Capability · TRPA-verified
IPES

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 ↗

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% ($319,000)
Home price
$1,595,000
Loan details
30-yr fixed, 6.5%
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