$5,988,000
3567 Saddle 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.
5 Beds
·
4.0 Baths
·
5,374 Sq Ft
Virtual Tour

About This Property

Beyond a stately iron gate and down a winding drive framed by native pines and granite outcroppings lies one of South Lake Tahoe's most exclusive alpine compounds. Perched atop the crown of a five-acre sanctuary, this private estate commands panoramic views spanning Lake Tahoe's crystalline waters, the iconic silhouette of Mt. Tallac, and a skyline of surrounding summits. Offering a rare blend of scale, seclusion, and scenery, the property lies at the intersection of wilderness and world-class convenience---just moments from Heavenly's CA Lodge and the famed Powerline Trail.- - Crafted by one of the region's most respected builders, the architecture harmonizes bold timber elements, dynamic rooflines, and artisan stonework---uniting durability with timeless design. Thoughtfully sited among granite formations and bathed in sunlight, the home is both immersed in nature and buffered from the outside world.- - A true-arched entry leads into a grand foyer with soaring ceilings and a quartzite-floored fountain. The great room makes an immediate impression with massive purlin beams, floor-to-ceiling windows, and unfiltered views. A stone-wrapped fireplace with hammered copper accents anchors the space, while radiant heat beneath distressed oak floors adds comfort throughout.- - An open layout connects to a chef's kitchen, where Alder cabinetry meets live-edge sandstone countertops. Commercial-grade appliances, a walk-in pantry with dumbwaiter, double wall oven, and warming drawer enhance daily functionality. A cozy breakfast nook beneath turreted cedar ceilings adds warmth and charm. An expansive L-shaped composite deck offers a front-row seat to sunsets and starry skies.- - The main-level primary suite evokes a private lodge feel with a sitting alcove, fireplace, dormered ceilings, and secluded balcony. A spa-caliber bath features dual vanities, hammered copper sinks, a steam shower with dual heads, and an infinity-edge soaking tub. The walk-in wardrobe includes detailed millwork, organization, and a split laundry chute.- - Downstairs, two additional suites showcase natural stone finishes, designer lighting, and custom cabinetry. The secondary living space is perfect for entertaining, with built-in surround sound, gaming space, wet bar, and a native granite fireplace with hand-hewn mantle.- - Other features include an executive office with antique-finished built-ins, full laundry center, fire suppression, integrated audio, and a climate-controlled three-car tandem garage with dog wash. Hydronic radiant heat, an indirect boiler-fed hot water system, and central vacuum optimize efficiency. - - Every inch of this retreat reflects thoughtful craftsmanship and enduring materials, wrapped in distressed alder and finished in Ralph Lauren's warmest tones.- - With 7,000+ square feet of remaining coverage, the possibilities for expansion---are as limitless as the views!

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 141904
Days on Market 274
Sold Date 1800-01-01
Price/Sq Ft $1,114

Property History

Jul 01, 2025
Listed for sale
$5,988,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 5,374
Lot Size 5.00 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
Style Contemporary
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025510006000
Parking
Garage Spaces 3
Parking Features 3.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains,Meadow,Lake,Forest,Ski Resort
Construction Wood Frame,Wood Siding,Rock
Roof Pitched,Asphalt,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Radiant Heat-Floor
Cooling Natural Gas,Radiant Heat-Floor
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%

STR Investment Summary — 3567 Saddle Road, South Lake Tahoe

Est. Annual Revenue
$217,269
Avg Nightly Rate
$1857
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 77 / 100 (Luxury) · 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% ($1,197,600)
Home price
$5,988,000
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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