$995,000 Active
3606 S Upper Truckee 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
·
2,323 Sq Ft

About This Property

Set in the quiet and desirable Christmas Valley neighborhood, this beautifully custom built 4-bedroom, 2-bath home offers 2,323 square feet of comfortable living on nearly half an acre. Built in 2014, the home blends modern construction with mountain character, featuring natural cedar siding that complements its serene surroundings.Inside, hydronic in-floor heating provides efficient, year-round comfort, paired with a mix of concrete and wood flooring for a clean, durable, and contemporary feel. Thoughtfully designed living spaces offer both functionality and warmth, ideal for full-time living or a mountain retreat.Step outside to enjoy peaceful views of the Luther Spires, a private backyard patio, and a relaxing hot tub perfect for unwinding after a day outdoors. The unbuildable conservancy lot next door adds added privacy. Located directly across the street from the Upper Truckee River, sitting on half an acre, this home offers a rare combination of newer construction, scenic beauty, and a true connection to nature. World class hiking, mountain biking and backcountry skiing right out your door. Close to Heavenly, Sierra at Tahoe, and Kirkwood ski resorts.A unique opportunity to own a newer home in a tranquil setting with river proximity and mountain viewsperfect for embracing the Tahoe lifestyle.

Listed by John Matthews — Compass

Listing Details

Status Active
MLS # 142735
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $428

Property History

Apr 21, 2026
Listed for sale
$995,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,323
Lot Size 0.45 acres
Year Built 2013
Property Type Single Family Residence
Subdivision Upper Truckee
County El Dorado
STR Jurisdiction El Dorado County
APN 036392004000
Parking
Garage Spaces 3
Parking Features 3.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
View Mountains
Construction Wood Frame
Roof Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Fireplace,Radiant Heat-Floor
Cooling Forced Air,Fireplace,Radiant Heat-Floor
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 — 3606 S Upper Truckee Road, South Lake Tahoe

Est. Annual Revenue
$48,635
Avg Nightly Rate
$490
Projected Occupancy
27.4%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · 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% ($199,000)
Home price
$995,000
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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