About This Property
Spacious and newly updated duplex in the sought-after Stateline area, just minutes from Heavenly Ski Resort and Stateline's dining, shopping, and entertainment. This well-maintained investment property generates a monthly income of $6,300.The upper unit features a generous 3-bedroom, 2-bath layout with an expansive living room and open dining/kitchen area, ideal for comfortable living or hosting. The lower unit includes 2 bedrooms, 1 bath, and a single-car garage with laundry hookups. Both units are in good condition.Set well back from the street, the home offers a long, oversized driveway providing ample parking. Recent upgrades include a new roof, flooring, paint, kitchens, and bathrooms. Both units enjoy cozy open fireplaces, adding a touch of mountain charm to this exceptional income property.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 3695 Primrose Road, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.
Verify on Tahoe Info ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings