$3,290,000 Active
3838 Meadow 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.
5 Beds
·
3.5 Baths
·
2,756 Sq Ft

About This Property

Set within Tahoe Meadows, one of South Lake Tahoe's most cherished lakeside enclaves, this handcrafted log home offers something increasingly rare: a true legacy cabin in a community built around summers at the lake and decades of shared tradition. The 2,756-square-foot, two-story log home sits on a flat, 0.59-acre lot and carries a build that would be difficult to replicate today. The logs were hand-selected, milled, and assembled by a master log builder in British Columbia, then disassembled, trucked to Tahoe, and rebuilt on site. Towering pines, private roads, and direct community access to the lake create an atmosphere reminiscent of an older Tahoe, when summers were spent at the beach and generations of families returned to the same cabins year after year.Inside, an open-concept great room anchors the home with a floor-to-ceiling hand-laid river-rock fireplace with gas insert, vaulted tongue-and-groove pine ceilings, exposed log beams, and oversized windows framing the surrounding aspen and pine forest. The kitchen features granite counters, knotty-pine cabinetry, glass-front uppers, a built-in refrigerator, gas cooktop, and a live-edge raised bar crafted on site. Custom artisan millwork runs throughout, including a hand-built log staircase and railing, a log-arched bench and bookshelf entry nook, built-in library shelving, and handcrafted log bedroom furniture.Five bedrooms include a private primary retreat with a log-railed balcony, vaulted ceilings, and forest views, plus distinctive guest rooms with hidden storage. The home is served by a private well, with the wellhead set in the back yard. Radiant-heated bathroom floors, a standalone soaking tub, and handcrafted accents throughout the baths add comfort and character.The expansive backyard feels private, surrounded by trees and natural landscape. There's room for a hot tub, lawn games, and plenty of space for nights with family and friends under the stars. A garage and storage building near the front of the home holds gear and tools.Tahoe Meadows offers private community beach access, a summer activities supervisor, Saturday campfires and ball games, a Fourth of July parade, and an on-site caretaker. Buoys are available through the HOA, adding rare lake access a short walk from the door. Minutes from Heavenly, the casinos at Stateline, and the shops and dining of Heavenly Village, with the shoreline close by, this property is one of a kind in Tahoe.A handcrafted legacy cabin in the heart of Tahoe Meadows, built with true log-home craftsmanship and surrounded by one of South Lake Tahoe's most beloved lakeside communities.

Listed by Ryan Smith — Compass

Listing Details

Status Active
MLS # 143107
Days on Market 46
Sold Date 1800-01-01
Price/Sq Ft $1,194

Property History

Jun 24, 2026
Listed for sale
$3,290,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 1992 · county record $100,000 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 5
Baths 3.5
Sq. Ft. 2,756
Lot Size 0.59 acres
Stories 2
Year Built 2002
Property Type Single Family Residence
Style Log
Subdivision Tahoe Mdws
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029103021000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest,Adjacent to Meadow
View Meadow,Forest
Construction Log
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $2,750 / Annually
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Additional Parking,Beach,Pier
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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 — 3838 Meadow Road, South Lake Tahoe

Est. Annual Revenue
$143,910
Avg Nightly Rate
$1230
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 72 / 100 (Premium) · 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

Over coverage limit
3,561 sq ft covered of 256 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
25,558 sq ft
Allowed Coverage
256 sq ft · 1%
Existing Coverage
3,561 sq ft · 14%
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% ($658,000)
Home price
$3,290,000
Loan details
30-yr fixed, 6.5%
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