$1,379,000
Pending
539 Alpine Drive
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
3
Beds
·
2.0
Baths
·
1,668
Sq Ft
About This Property
Tahoe Keys Waterfront home entered for statistical purposes. Call for more details.
Listed by Michael Keller — Keller Properties
Listing Details
Status
Pending
MLS #
142880
Sold Date
1800-01-01
Price/Sq Ft
$827
Property History
May 09, 2026
Listed for sale
$1,379,000
Current
Pending
$1,379,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,668
Lot Size
0.46 acres
Year Built
1975
Property Type
Single Family Residence
Subdivision
Unavail
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
022322010000
Parking
Garage Spaces
2
Parking Features
2.00
Attached Garage
Yes
Exterior & Lot
Lot Features
Cul-De-Sac,Lake Front,Water Front,Backs to Lagoon
View
Canal,Mountains,Lagoon
Construction
Wood Frame,Wood Siding
Roof
Composition
Foundation
Slab
Utilities & Systems
Heating
Forced Air
Cooling
Forced Air
Financial
HOA Fee
$1,625 / Quarterly
HOA / Community
South Tahoe Association of Realtors
HOA & Community
Community Amenities
Pool,Tennis,Hot Tub,Club House,Additional Parking,Security,Beach,Dock,Pier,Boat Launch,Marina,Park
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 — 539 Alpine Drive, South Lake Tahoe
Est. Annual Revenue
$48,097
Avg Nightly Rate
$468
Projected Occupancy
29.2%
Cap Rate
1.4%
Structural Score: 41 / 100 (Standard)
· STR Zone: Yellow
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($275,800)
Home price
$1,379,000
Loan details
30-yr fixed, 6.5%
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