$450,000 $550,000 ↓ $100,000 reduced Active
3790 Stewart Way
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
·
1.0 Baths
·
412 Sq Ft

About This Property

Great opportunity for a rare cabin on an oversized lot in the heart of South Lake Tahoe! Nestled among tall pines, this charming mountain retreat sits on a spacious parcel offering room to expand, entertain, or simply enjoy extra privacy.This classic Tahoe cabin has character, and rustic charm throughout. Enjoy an open-concept living area with abundant natural light and views of the surrounding forest. Step outside to a large front deck perfect for outdoor gatherings, future upgrades, or soaking in the serenity of nature. Located just minutes from Heavenly Ski Resort, the lake, shopping, dining, and tons of walking trails. This is your chance to own a piece of Tahoe on a lot that stands out from the rest.

Listed by Jason Lococo — Dickson Realty

Listing Details

Status Active
MLS # 141725
Days on Market 407
Sold Date 1800-01-01
Price/Sq Ft $1,092

Property History

Jun 06, 2025
Listed for sale
$450,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 412
Lot Size 0.23 acres
Year Built 1957
Property Type Single Family Residence
Style Cabin
Subdivision Markofer
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028043003000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Lot Features Cul-De-Sac
View Mountains, Forest
Construction Wood Frame
Roof Pitched, Metal
Foundation Post & Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $467
📊

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 — 3790 Stewart Way, South Lake Tahoe

Est. Annual Revenue
$43,850
Avg Nightly Rate
$218
Projected Occupancy
55.0%
Cap Rate
3.9%
Structural Score: 43 / 100 (Standard) · STR Zone: Yellow

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

Room to build
0 sq ft covered of 2,479 sq ft allowed
2,479 sq ft of coverage still available to add.
Parcel Size
9,915 sq ft
Allowed Coverage
2,479 sq ft · 25%
Existing Coverage
0 sq ft
Addable Coverage
2,479 sq ft
Existing Units
1

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

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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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