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About This Property
Find the Right Property and Maximize the Return. Exceptional South Lake Tahoe Investment Opportunity!Located in one of South Lake Tahoe's most desirable vacation destinations, this property offers the location today's buyers are searching for. Just a short walk to the beach, restaurants, shopping, ski and boat rentals, and the shuttle to Heavenly Ski Resort, guests can enjoy year-round recreation without relying on a car.The fully fenced yard provides a private outdoor space for relaxing after a day on the lake or the slopes, while the towering pine trees create the authentic Tahoe Mountain experience visitors love. Whether it's summer boating, hiking, paddleboarding, or winter skiing and snowboarding, this location delivers four-season appeal.For buyers seeking a vacation home, mountain retreat, or an investment property in South Lake Tahoe, this home is sold fully furnished and checks the boxes with its highly walkable location and easy access to Lake Tahoe's most popular attractions. Buyers interested in short-term vacation rental use should verify permit availability and current City of South Lake Tahoe regulations. This is a rare opportunity to own in one of Lake Tahoe's most sought-after visitor locations.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Aug 2023 · county record | $600,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Red ZoneSTR Investment Summary — 3680 Aspen Avenue, South Lake Tahoe
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗ How the Basin comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.
See it in the monthly payment Tahoe wildfire insurance costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
