$895,000 $960,000 ↓ $65,000 reduced Active
3724 Regina Road
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
1,320 Sq Ft
Virtual Tour

About This Property

Set against the unmatched backdrop of National Forest land, this refined Tahoe retreat offers a rare blend of privacy, tranquility, and an effortless connection to nature. Situated on .28 acres, the property embodies elevated mountain living with thoughtfully curated wood and natural stone finishes, creating a warm yet sophisticated alpine aesthetic.Fully remodeled and offered turnkey furnished, the home is truly move-in ready. The interior features dual fireplaces and a well-designed layout ideal for both intimate relaxation and gathering. A standout feature is the expansive loft, where an en-suite bath offers a versatile retreat, complete with spa-inspired elements, natural stone finishes, and a serene, elevated ambiance. Additional recent improvements include a new roof, water heater, dishwasher, and exterior trim paint, along with split A/C in the primary for year-round comfort.The outdoor experience is equally compelling. A private hot tub and outdoor fireplace create an inviting setting for evenings under the Sierra sky, while the direct forest backing offers immediate access to trails and endless year-round recreation. A custom, life-size teepee adds a distinctive and memorable element, perfect for entertaining or embracing Tahoe's adventurous spirit.Ideally located just a short 2-mile walk or bike ride to Heavenly Mountain Resort and only minutes from the shores of Lake Tahoe, this home provides effortless access to world-class skiing, hiking, and lakefront amenities.Additional features include generous exterior storage, a large shed, and a snow blower for added convenience in every season.

Listed by Stephanie Griffith — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142666
Days on Market 136
Sold Date 1800-01-01
Price/Sq Ft $678

Property History

Apr 09, 2026
Listed for sale
$960,000
Jun 30, 2026
Price changed
$925,000
Jul 31, 2026
Price reduced
$895,000 $925,000 ↓ $30,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2018 · county record $510,000 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,320
Lot Size 0.28 acres
Year Built 1959
Property Type Single Family Residence
Style Split Level
Subdivision Ski Run Acres
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 030353009000
Parking
Parking Features None
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Stucco
Roof Composition, Shingle
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Cooling Other/See Remarks
Financial
Annual Tax $6,452
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$28K – $53K typically ~$37,562
~$3,130 per month
Avg Nightly
$194
Occupancy
53%
Cap Rate
1.7%

STR Investment Summary — 3724 Regina Road, South Lake Tahoe

Est. Gross Annual Revenue
$28K – $53K
typically ~$37,562
Avg Nightly Rate
$194
Projected Occupancy
53.2%
Cap Rate
1.7%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,454 sq ft covered of 2,398 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,988 sq ft
Allowed Coverage
2,398 sq ft · 20%
Existing Coverage
3,454 sq ft · 29%
Addable Coverage
0 sq ft
Existing Units
1

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 ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($179,000)
Home price
$895,000
Loan details
30-yr fixed, 6.5%
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