$950,000 Active
3522 S Upper Truckee Road
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.
4 Beds
·
2.0 Baths
·
2,320 Sq Ft
Virtual Tour

About This Property

Welcome to this spacious four-bedroom, two-bath home in Christmas Valley, offering a versatile two-level floor plan in a peaceful South Lake Tahoe setting. Vaulted ceilings enhance the main living area, which features a comfortable living room with a freestanding gas fireplace and a formal dining area. The kitchen is highlighted by custom knotty-pine cabinetry, granite countertops with a natural chipped edge, a granite peninsula, dark tile backsplash, stainless-steel appliances, and distinctive natural-stone flooring.The lower level includes two guest bedrooms and a full bathroom, while the upper level offers two additional bedrooms connected by a convenient Jack-and-Jill bathroom. An upstairs loft with a pool table provides flexible space for a home office, reading area, playroom, or additional gathering space.Outside, the large backyard offers room to relax, play, and enjoy the surrounding natural setting. An oversized two-car garage provides convenient parking and storage. Surrounded by the beauty of Christmas Valley, this home is close to the Christmas Valley Trailhead, hiking and mountain biking areas, winter snowmobiling, and nearby skiing. Enjoy easy access to the outdoor recreation and year-round amenities that make South Lake Tahoe a desirable destination.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 143367
Sold Date 1800-01-01
Price/Sq Ft $409

Property History

Aug 21, 2026
Listed for sale
$950,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2010 · county record $300,000 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 2.0
Sq. Ft. 2,320
Lot Size 0.42 acres
Year Built 1984
Property Type Single Family Residence
Style Contemporary
Subdivision Christmas Valley 2
County El Dorado
STR Jurisdiction El Dorado County
APN 036391012000
Parking
Garage Spaces 2
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$41K – $72K typically ~$51,619
~$4,302 per month
Avg Nightly
$295
Occupancy
48%
Cap Rate
2.2%

STR Investment Summary — 3522 S Upper Truckee Road, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$41K – $72K
typically ~$51,619
Avg Nightly Rate
$295
Projected Occupancy
48.0%
Cap Rate
2.2%
Structural Score: 69 / 100 (Premium) · STR Zone: Red

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.

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% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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