$588,000 Active
3381 Marlette Circle
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
3 Beds
·
2.0 Baths
·
1,144 Sq Ft
Virtual Tour

About This Property

Ideally located in the heart of South Lake Tahoe, 3381 Marlette Circle offers the perfect combination of convenience, comfort, and mountain charm. Situated across the street from Bijou Golf Course and just minutes from the lake, Heavenly Ski Resort, shopping, dining, and bike trails, this well-maintained single-level home provides easy access to everything Tahoe has to offer. Filtered views of Heavenly Ski Resort from the front porch add to the property's appeal.The bright and inviting floor plan features an open living area filled with natural light, a cozy wood-burning fireplace, and beautiful solid oak flooring that extends through the living room, dining area, and primary bedroom. The functional layout is ideal for both full-time living and a mountain getaway.The guest bathroom has been tastefully updated with custom tile, a modern vanity, and upgraded fixtures. Outside, the fully fenced backyard offers a private, park-like setting with mature landscaping, a spacious redwood deck perfect for entertaining, and a storage shed for all of your Tahoe gear.Additional features include a paver stone driveway, forced-air heating, dual-pane windows, and an oversized one-car garage with plenty of room for storage. With its desirable in-town location, single-level design, and pride of ownership throughout, 3381 Marlette Circle is an outstanding opportunity to enjoy the Tahoe lifestyle.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143014
Sold Date 1800-01-01
Price/Sq Ft $514

Property History

Jun 08, 2026
Listed for sale
$588,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,144
Lot Size 0.12 acres
Year Built 1959
Property Type Single Family Residence
Style Ranch
Subdivision Johnson Acres
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025373007000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
View Mountains, Filtered
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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 — 3381 Marlette Circle, South Lake Tahoe

Est. Annual Revenue
$42,099
Avg Nightly Rate
$307
Projected Occupancy
38.5%
Cap Rate
2.9%
Structural Score: 65 / 100 (Premium) · 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% ($117,600)
Home price
$588,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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