$550,000 Active
746 Anita Drive
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
2 Beds
·
1,176 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Room to build 1,810 of 2,252 sq ft used Home insurance $2,800 – $3,200/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

A multitude of possibilities awaits at 746 Anita Drive! Whether you're looking to live in one unit and rent the other, enjoy seasonal rental income, create your own Tahoe getaway, or invest in a versatile income-producing property, this unique duplex offers flexibility to fit your vision.Nestled among mature pines on a level parcel, this property captures the quintessential Tahoe feel. The two single-story units are nearly mirror images of one another, each featuring vaulted ceilings, a generously sized living room, a comfortable kitchen, a spacious bedroom, and a full bathroom. The rear unit has recently received significant updates, including new kitchen appliances, counters, flooring, fresh paint, an updated bathroom including new tile surround, vanity, and more.Enjoy the convenience of full laundry hook-ups in each unit, covered parking and a sprawling, fenced backyard, perfect for relaxing and embracing the mountain lifestyle. Ideally located near some of Lake Tahoe's most iconic beaches, scenic biking and hiking trails, Fallen Leaf Lake, and Camp Richardson, you'll also be close to local shopping, eateries, bakeries, and everyday conveniences.When adventure calls, downtown Stateline, Heavenly Mountain Resort, and Sierra-at-Tahoe are just a short drive away, offering exciting year-round recreation and winter skiing and snowboarding.Two units. Endless possibilities. One incredible Tahoe opportunity. Whether you're searching for an investment property, a personal mountain retreat, or a place to call home with additional income potential, 746 Anita Drive is ready for your next chapter in Tahoe living.

Listed by Mackenzie Martin — Mountain Luxury Properties

Listing Details

Status Active
MLS # 143596
Price/Sq Ft $468

Property History

Oct 21, 2026
Listed for sale
$550,000
Property Overview
Beds 2
Sq. Ft. 1,176
Lot Size 0.17 acres
Year Built 1959
Property Type Duplex
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023645011000
Parking
Total Parking 4
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof See Remarks
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater
Cooling None
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
50
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 746 Anita Drive, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 50 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,810 sq ft covered of 2,252 sq ft allowed
442 sq ft of coverage still available to add.
Parcel Size
7,508 sq ft
Allowed Coverage
2,252 sq ft · 30%
Existing Coverage
1,810 sq ft · 24%
Addable Coverage
442 sq ft
Existing Units
2

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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,800 – $3,200/yr
about $250/mo
Est. Rebuild Cost (Coverage A)
$493,920
FAIR Plan (fire)
$2,300/yr
DIC wrap (theft, water, liability)
$500 – $900/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$3,533 per month
Principal & interest
$2,781/mo
Property taxes
$502/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$250/mo
CA FAIR Plan + DIC estimate, ~$2,800–$3,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
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