$425,000 Active
3533 Bobby Grey 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.
1 Beds
·
1.0 Baths
·
484 Sq Ft

About This Property

3533 Bobby Grey Circle is a classic Tahoe cabin set on a quiet street with views of the tall pine trees and backing to the meadow. Featuring one bedroom, one full bath, with original pine accents and new carpet throughout the home. The bathroom has a brand new tub/shower combo and surround. The efficient kitchen has an oversized sink overlooking the large backyard and meadow, refrigerator, and gas range. Located less than 2 miles from Heavenly's Cal Base Lodge, and just 1.3 miles to Heavenly Village, this could be the perfect vacation home, investment opportunity, or forever home. Buyer is to research all rules regarding short term rentals in South Lake Tahoe. Just a few blocks down Ski Run Boulevard you'll find Whole Foods Market, local restaurants, shops, and Ski Run Marina.

Listed by Michelle Blue-Benedict — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142883
Sold Date 1800-01-01
Price/Sq Ft $878

Property History

May 09, 2026
Listed for sale
$425,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 484
Lot Size 0.11 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Style Cabin
Subdivision Lodi Pines
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027204021000
Parking
Parking Features 0.00
Exterior & Lot
Construction Wood Frame,Wood Siding
Roof Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Wall or Space Heater
Cooling Natural Gas,Wall or Space Heater
Financial
HOA / Community South Tahoe Association of Realtors
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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%

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% ($85,000)
Home price
$425,000
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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