$698,000 Active
832 Merced Avenue
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, so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
1,116 Sq Ft
Virtual Tour

About This Property

Located in the heart of the highly sought-after Al Tahoe neighborhood just a block from the lake, this beautifully updated mountain cabin offers the perfect blend of Tahoe charm and modern comfort. Just two blocks from the lake and close to Regan Beach, El Dorado Beach, shopping, dining, and Heavenly Ski Resort, this is an ideal location for enjoying everything South Lake Tahoe has to offer.The inviting living area is filled with character and features open beam ceilings, white oak flooring, knotty pine accents, and a cozy gas fireplace that creates a warm mountain ambiance. The remodeled kitchen has been thoughtfully updated with custom cabinetry, quartz slab countertops, stainless steel appliances, and a gas range, making it both stylish and functional.The downstairs level includes two bedrooms, including a spacious primary suite with an updated en-suite bathroom featuring custom tile work, modern fixtures, and heated tile floors. Upstairs you'll find an additional guest bedroom, a beautifully updated full bathroom, and a versatile fourth sleeping area or office that provides flexibility for guests or remote work.Additional upgrades include vertical-grain fir doors and trim, double-pane windows, forced-air heating, and tasteful furnishings and dcor throughout. The home is being offered furnished, creating a true turnkey opportunity.Outside, the fully fenced backyard is designed for relaxing and entertaining, with a spacious composite deck and large paver stone patio. A detached single-car garage provides excellent storage for bikes, skis, paddleboards, and all of your Tahoe gear.Full of character, thoughtfully updated, and situated in one of South Lake Tahoe's most desirable neighborhoods, this exceptional cabin offers an unbeatable combination of charm, comfort, and location.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143096
Sold Date 1800-01-01
Price/Sq Ft $625

Property History

Jun 23, 2026
Listed for sale
$698,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,116
Lot Size 0.12 acres
Stories 2
Year Built 1921
Property Type Single Family Residence
Style Cabin
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026038019000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
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 — 832 Merced Avenue, South Lake Tahoe

Est. Annual Revenue
$43,377
Avg Nightly Rate
$329
Projected Occupancy
37.7%
Cap Rate
2.5%
Structural Score: 64 / 100 (Premium) · 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% ($139,600)
Home price
$698,000
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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