$150,000 Active
3856 Larch Avenue
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.

About This Property

3856 Larch Avenue presents a rare opportunity to create a truly functional and thoughtfully designed mountain retreat. This unique street-to-street parcel spans from Larch Avenue to Keller Avenue, offering dual access that allows for flexible driveway design, easier winter access, and convenient parking on either sidean uncommon advantage in the Tahoe-Sierra neighborhood. Just three minutes from Heavenly's California Base, the location puts world-class skiing, hiking, and year-round recreation right at your fingertips. The lot is ready for your vision, with a topography map included to streamline planning and permitting, clearly marked corners for easy orientation, and seller-provided concept drawings to help bring your ideas to life. Set among towering pines and classic Tahoe homes in a quiet, centrally located community, this property combines practicality with setting. It's a chance to build not just a cabin, but a home designed for seamless, everyday mountain living.

Listed by Karen Grant — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 142865
Days on Market 75
Sold Date 1800-01-01

Property History

May 06, 2026
Listed for sale
$150,000
Property Overview
Lot Size 0.12 acres
Property Type Land
Subdivision Fern Rose
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029415011000
Financial
HOA / Community South Tahoe Association of Realtors
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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%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
549 sq ft covered of 1,252 sq ft allowed
704 sq ft of coverage still available to add.
Parcel Size
5,010 sq ft
Allowed Coverage
1,252 sq ft · 25%
Existing Coverage
549 sq ft · 11%
Addable Coverage
704 sq ft
IPES Score
445.0

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% ($30,000)
Home price
$150,000
Loan details
30-yr fixed, 6.5%
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