$615,000 Active
807 Gardner Street
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.
2 Beds
·
2.0 Baths
·
912 Sq Ft

About This Property

Completely reimagined from top to bottom, this beautifully remodeled 2-bedroom, 2-bath home offers modern comfort, quality craftsmanship, and excellent income potential with eligibility for short-term rental permitting (subject to local regulations and permitting). Whether you're searching for a full-time residence, vacation home, or investment property, this South Lake Tahoe retreat checks all the boxes.With 912 square feet of efficiently designed living space, every detail has been carefully updated to create a home that is as functional as it is inviting. The interior features an all-new kitchen with custom cabinetry, quality countertops, a stylish backsplash, and stainless steel appliances. A new gas-burning fireplace creates a warm focal point in the living area, while luxury flooring, fresh interior paint, updated lighting, and dual-pane windows throughout complete the home's fresh, contemporary feel. The spacious primary suite includes a private en-suite bathroom, and the addition of a second full bathroom adds both convenience and value. A stackable washer and dryer are neatly tucked into the guest bathroom for maximum efficiency.Outside, the improvements continue with fresh exterior paint, a brand-new 30-year composition roof, and newly constructed front and rear decks that expand the living space outdoors. The generous setback from the street provides excellent privacy, while the oversized driveway offers ample parking for multiple vehicles, guests, and toys. A side yard with room for RV or boat parking and an attached shed ideal for storage, hobbies, or a workshop add even more versatility.Located just a five-minute walk from Tahoe Mountain's extensive hiking and biking trail system, this home is perfectly positioned for year-round adventure. Spend your summers enjoying the crystal-clear waters of Lake Tahoe just 10 minutes away, and your winters skiing or snowboarding at world-class resorts within a 10-minute drive.This is a rare opportunity to own a truly move-in-ready home where every major improvement has already been completed, allowing you to simply move in and start enjoying the Tahoe lifestyle.

Listed by Fawne Hayes — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143261
Sold Date 1800-01-01
Price/Sq Ft $674

Property History

Jul 25, 2026
Listed for sale
$615,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 912
Lot Size 0.15 acres
Year Built 1976
Property Type Single Family Residence
Style Cabin
Subdivision Gardner Mountain 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023632009000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Wood Siding
Roof Composition, Shingle
Foundation Concrete/Crawl Space, Post & Pier
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
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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 — 807 Gardner Street, South Lake Tahoe

Est. Annual Revenue
$44,898
Avg Nightly Rate
$224
Projected Occupancy
54.8%
Cap Rate
2.9%
Structural Score: 52 / 100 (Standard) · 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

Room to build
949 sq ft covered of 1,653 sq ft allowed
704 sq ft of coverage still available to add.
Parcel Size
6,612 sq ft
Allowed Coverage
1,653 sq ft · 25%
Existing Coverage
949 sq ft · 14%
Addable Coverage
704 sq ft
Existing Units
1

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% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
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