$550,000 Active
3385 Bruce Drive
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.
2 Beds
·
1.0 Baths
·
864 Sq Ft

About This Property

This lovingly cared for and move-in ready home accented with river rock can be found on a quiet street conveniently located with easy access to all South Lake Tahoe has to offer. You're just moments away from beaches, Heavenly Ski Resorts, local shops, and beaches. Upon entering you will find an inviting open-concept living, dining, and kitchen area highlighted by a newer freestanding gas fireplace that creates a warm and welcoming atmosphere. The kitchen features beautiful granite countertops, a gas range, and stainless steel appliances. The bedrooms accentuate the adaptable living area with the first bedroom that includes a Murphy bed and the second bedroom with a sliding glass door that opens directly to the back deck with a hot tub. This spacious backyard is designed for both relaxation and entertaining with the added privacy of a fully fenced backyard. Tahoe winters are a breeze, thanks to the covered two-car garage - providing plenty of room for your vehicles and all your mountain toys. Whether looking for a starter home, a cozy retirement haven, or a weekend mountain getaway, this single-story property checks all the boxes. With its quiet setting, tasteful upgrades, and adaptable layout, this home offers a great opportunity to enjoy all South Lake Tahoe lifestyle has to offer.

Listed by Devra Zlendick — Compass

Listing Details

Status Active
MLS # 143013
Sold Date 1800-01-01
Price/Sq Ft $637

Property History

Jun 05, 2026
Listed for sale
$550,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 864
Lot Size 0.14 acres
Year Built 1965
Property Type Single Family Residence
Style Ranch
Subdivision Rancho Bijou 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025393017000
Parking
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
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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 — 3385 Bruce Drive, South Lake Tahoe

Est. Annual Revenue
$39,664
Avg Nightly Rate
$272
Projected Occupancy
39.5%
Cap Rate
2.9%
Structural Score: 68 / 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% ($110,000)
Home price
$550,000
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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