$539,500 Active
3631 Aspen Avenue
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.
2 Beds
·
2.0 Baths
·
1,092 Sq Ft

About This Property

Classic Tahoe Chalet / Cabin. Situated in an amazing location just off Ski Run Blvd, with a tranquil back patio setting for your enjoyment. You are a short walk the the Lake and Beaches, shopping and restaurants, and less than 5 minutes to the Cal Base Lodge at Heavenly. The open living area is spacious for relaxing and warming by the fireplace. The kitchen is open to the living area with ample space for cooking and serving. The home has 1 bedroom downstairs with a full bath, and 2 loft spaces that can easily be 2 sleeping areas and a full bathroom as well. This is a perfect setting to enjoy all South Lake Tahoe has to offer year round.

Listed by Jerry Williams — Tahoe Valley Properties

Listing Details

Status Active
MLS # 142877
Sold Date 1800-01-01
Price/Sq Ft $494

Property History

May 08, 2026
Listed for sale
$539,500
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,092
Lot Size 0.12 acres
Year Built 1960
Property Type Single Family Residence
Style Chalet
Subdivision Bijou Park Addition
County El Dorado
STR Jurisdiction South Lake Tahoe
Parking
Parking Features 0.00
Exterior & Lot
Construction Wood Frame
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater,Fireplace,Other/See Remarks
Cooling Wall or Space Heater,Fireplace,Other/See Remarks
Financial
Annual Tax $2,204
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 — 3631 Aspen Avenue, South Lake Tahoe

Est. Annual Revenue
$37,129
Avg Nightly Rate
$240
Projected Occupancy
41.8%
Cap Rate
2.8%
Structural Score: 49 / 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% ($107,900)
Home price
$539,500
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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