$875,000
3409 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.
3 Beds
·
2.5 Baths
·
2,090 Sq Ft

About This Property

This Bijou home offers a rare combination of newer construction and in-town convenience. Built in 2003, it stands out for the neighborhood, with a two-level layout that includes 3 bedrooms, 2.5 baths, and a clean, modern feel throughout.Located just minutes from Heavenly Ski Resort California Base Lodge, you're only a few minutes more to the gondola, casinos, restaurants, Lake Tahoe, and nearby walking trails. Set along one of Tahoe's main bike paths and near Power Line Trail, it's an easy starting point for year-round outdoor access.Inside, the layout is functional and easy to live in. The kitchen features granite countertops and premium Bosch appliances with a simple, updated finish. The primary suite, located on the upper level, has its own spacious deck, accessed through a new Andersen door for easy indoor-outdoor flow. A second deck off the kitchen extends the main living space, ideal for morning light or quiet evenings. Downstairs, there are two bedrooms, a full bath, a secondary living area, and access to the oversized two-car garage.Southern exposure fills the home with natural light throughout the day, while dual-zone air conditioning, a rarity in Tahoe, keeps things comfortable in the warmer months. The laundry area is conveniently located in the half bath near the primary bedroom.With newer construction, great natural light, and a highly desirable in-town location, this home offers a clean, low-maintenance basecamp for Tahoe living in every season.

Listed by Rhonda Keen — Compass

Listing Details

Status Active
MLS # 142681
Sold Date 1800-01-01
Price/Sq Ft $419

Property History

Apr 18, 2026
Listed for sale
$875,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,090
Lot Size 0.14 acres
Year Built 2003
Property Type Single Family Residence
Style Split Level
Subdivision Rancho Bijou
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025393021000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains,Filtered,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 3409 Bruce Drive, South Lake Tahoe

Est. Annual Revenue
$54,562
Avg Nightly Rate
$417
Projected Occupancy
35.7%
Cap Rate
2.5%
Structural Score: 71 / 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% ($175,000)
Home price
$875,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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