$1,075,000 Active
3406 Warr Road
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.
4 Beds
·
2.0 Baths
·
1,714 Sq Ft

About This Property

This is a fully refreshed Tahoe retreat sitting on a massive ~0.27-acre lot in South Lake Tahoe, designed with functionality and luxury in mind. Every inch of this 4-bedroom, 2-bath home with an attached oversized 2-car garage has been thoughtfully upgraded so the next owner simply arrives and enjoys.Step inside to brand-new luxury laminate flooring throughout the main level and fresh carpet upstairs and in every bedroom. Recessed lighting has been installed throughout the entire home, giving it a bright, modern feel from the moment you walk in. Brand-new Milgard windows in a sleek black-on-black finish with SunCoat® Low-E dual-pane glass flood the space with natural light while keeping interior temperatures consistent year-round. Fresh interior paint ties it all together with a clean, elevated look. Bathrooms are fully updated a tub upstairs and a large walk-in shower downstairs.The kitchen was built for the way people actually live new quartz countertops, a single-basin work sink, soft-close cabinetry with hidden drawers, and a layout that delivers both an eat-in dining space and full island seating. Adjacent to the island, a dedicated counter section works perfectly as a coffee bar or beverage station.Infrastructure upgrades are what separate this home from the rest: a brand-new water main, brand-new driveway, brand-new front door, all-new interior doors and hardware throughout, and a newer roof and water heater. These are the big-ticket items buyers typically inherit as headaches, they are already done for you.Outside, the oversized lot creates rare breathing room for Tahoe. The rear yard backs directly to a forest preserve, meaning you will never have a neighbor behind you, just the trees that make Tahoe so special. The lot also offers strong ADU potential, whether for extended family, a long-term rental, or added long-term value.This property is confirmed VHR-eligible under South Lake Tahoe's updated ordinance, with a professional income analysis estimating $65,000+ annually in NOI (Net Operating Income). Whether you are an investor, a second-home buyer looking to offset costs, or someone seeking a primary residence with serious income upside this property delivers on every level.

Listed by Christina Kokologiannakis — eXp Realty of California

Listing Details

Status Active
MLS # 142867
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $627

Property History

May 12, 2026
Listed for sale
$1,075,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,714
Lot Size 0.27 acres
Year Built 1976
Property Type Single Family Residence
Subdivision Tahoe Sierra 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025193014000
Parking
Garage Spaces 2
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains, Forest
Construction Wood Frame
Roof Composition
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Fireplace
📊

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 — 3406 Warr Road, South Lake Tahoe

Est. Annual Revenue
$50,109
Avg Nightly Rate
$456
Projected Occupancy
31.3%
Cap Rate
1.9%
Structural Score: 66 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($215,000)
Home price
$1,075,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373