$760,000 Active
810 Merced Avenue
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.
4 Beds
·
1,652 Sq Ft

About This Property

One Block from Lake Tahoe | Well-Maintained Duplex | Walk to Lakeview Commons & Regan BeachRare opportunity to own a versatile Lake Tahoe duplex just one block from the water. This well-maintained property features two detached units, offering privacy, flexibility, and strong rental potential in one of South Lake Tahoe's most desirable walkable neighborhoods.The front cabin delivers that classic Tahoe woodsy feel buyers are looking for. This charming 1 bedroom, 1 bathroom unit includes a cozy wood-burning stove, stackable laundry, tankless water heater and inviting mountain character that makes you want to kick your boots off and stay a while.The rear home offers a classic cabin 3 bedroom, 2 bathroom layout with radiant baseboard heat, a gas fireplace, and a top deck with a peek-a-boo lake view. Plenty of natural light and room to spread out make this ideal for a primary residence, second home, or extended family use.Between the two units is a shared community-style gathering area, creating space to relax, entertain, or enjoy Tahoe evenings under the pines.Additional highlights:One block to Lake TahoeWalking distance to Lakeview Commons and Reagan BeachDetached duplex layout for added privacyRadiant heat + gas fireplace in back unitWood-burning stove in front cabinStackable laundryTop deck with lake glimpsePlenty of off-street parkingStrong long-term rental or multi-generational potentialWhether you're looking for an investment property in South Lake Tahoe, a vacation home near the beach, or a flexible multi-unit setup close to town, this property checks the boxes.Properties this close to the lake with detached units and parking do not come up often. If Tahoe living is the goal, this one makes it easy!

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 142558
Days on Market 112
Sold Date 1800-01-01
Price/Sq Ft $460

Property History

Feb 13, 2026
Listed for sale
$760,000
Property Overview
Beds 4
Sq. Ft. 1,652
Lot Size 0.12 acres
Year Built 1965
Property Type Duplex
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026037008000
Parking
Total Parking 3
Parking Features 3.00
Exterior & Lot
Construction Wood Frame,Wood Siding
Roof Composition,Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Wall or Space Heater,Hydronic Heat System
Cooling Natural Gas,Wall or Space Heater,Hydronic Heat System
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%

STR Investment Summary — 810 Merced Avenue, South Lake Tahoe

Est. Annual Revenue
$60,944
Avg Nightly Rate
$592
Projected Occupancy
28.9%
Cap Rate
3.2%
Structural Score: 51 / 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
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% ($152,000)
Home price
$760,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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