$620,000 Active Under Contract
847 Tata Lane
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
·
1,536 Sq Ft

About This Property

Great opportunity to own two homes on one lot in the desirable Gardner Mountain neighborhood. Both units are currently occupied, with the rear home scheduled to be vacant on July 1, offering immediate income potential, the opportunity to achieve market rent, or flexibility for future owner occupancy. The front home features 1 bedroom, 1 bath, and a spacious loft, while the rear home offers 2 bedrooms and 1 bath providing flexibility for investment or future owner occupancy. Each residence includes its own deck, separate gas and electric meters, open-concept living areas, and ample paved parking. Conveniently located near bike trails, beaches, restaurants, shopping, and skiing.

Listed by William Wilkes — Redfin Corporation

Listing Details

Status Active Under Contract
MLS # 142971
Days on Market 10
Sold Date 1800-01-01
Price/Sq Ft $404

Property History

May 26, 2026
Listed for sale
$620,000
Current
Pending
$620,000
Property Overview
Beds 3
Sq. Ft. 1,536
Lot Size 0.23 acres
Year Built 1952
Property Type Duplex
Subdivision Gardner Mountain 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023471006000
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
Cooling Other/See Remarks
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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 — 847 Tata Lane, South Lake Tahoe

Est. Annual Revenue
$38,831
Avg Nightly Rate
$361
Projected Occupancy
31.3%
Cap Rate
2.5%
Structural Score: 43 / 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% ($124,000)
Home price
$620,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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