$299,000 Active
516 Emerald Bay Road #103
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.
1 Beds
·
678 Sq Ft

About This Property

Beautiful ground level condo In St. Francis of the Woods. Featuring 1 bedroom, 1 bath with a remodeled interior including, granite countertops, flooring and paint. Just across the road is a bike trail to the best beaches, hiking trails and famous Camp Richardson providing gourmet dining and cocktails on the beach.The HOA includes On-site laundry, pool, hot tub, BBQ and picnic area, 1-car covered carport, year-round on-site maintenance and snow removal.

Listed by Joe Riffel — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 142602
Days on Market 149
Sold Date 1800-01-01
Price/Sq Ft $441

Property History

Mar 16, 2026
Listed for sale
$299,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2000 · county record $60,000 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 1
Sq. Ft. 678
Lot Size 0.02 acres
Year Built 1972
Property Type Condominium
Subdivision St Francis Woods
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023830005000
Exterior & Lot
Exterior Features Spa/Hot Tub
Construction Wood Frame
Foundation See Remarks
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
Financial
HOA Fee $591 / Monthly
HOA & Community
Community Amenities Pool, Hot Tub, Additional Parking
📊

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%

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% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
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