$530,000 Closed
861 Gardner Street
South Lake Tahoe, CA 96150
SOLD 2026-08-26
Sold for $525,000 (listed at $530,000)
2 Beds
·
1.0 Baths
·
767 Sq Ft

About This Property

Welcome to 861 Gardner Street, a turnkey South Lake Tahoe retreat offering the perfect blend of comfort, convenience, and investment potential. Ideally located just minutes from beautiful beaches, world-class hiking and biking trails, renowned ski resorts, dining, shopping, and year-round recreation, this charming property makes an exceptional personal getaway or income-producing opportunity.Currently operating as a thriving short-term rental, the home is being offered fully furnished and ready for immediate enjoyment. Thoughtful upgrades, inviting interiors, and an easy, low-maintenance layout create a warm and welcoming Tahoe escape for owners and guests alike. After a day on the lake or the slopes, unwind in the lovely hot tub and enjoy the peaceful mountain setting.The spacious parcel also offers exciting future potential, with the possibility of up to approximately 3,251 square feet of allowable coverage, providing an opportunity to expand or reimagine the property, subject to applicable agency approvals and buyer verification.Whether you are searching for a weekend retreat, full-time residence, or proven vacation-rental investment, 861 Gardner Street delivers turnkey appeal in one of Lake Tahoe's most desirable recreational destinations. Short-term-rental eligible; buyer to independently verify all permit, coverage, rental, and development possibilities.

Listed by Stephanie Griffith — Sierra Sotheby's International Realty

Listing Details

Status Closed
MLS # 143278
Sold Date 2026-08-26
Sold Price $525,000
Price/Sq Ft $691

Property History

Jul 30, 2026
Listed for sale
$530,000
Aug 11, 2026
Pending
$530,000
Aug 27, 2026
Sold
$525,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2025 $499,000 Alora ReynoldsChase International - South Lake Tahoe Angela M RobertsMountain Luxury Properties
Aug 2026 · this listing $525,000 (+5%) Stephanie GriffithSierra Sotheby's International Realty Bret W HowardBerkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 767
Lot Size 0.17 acres
Year Built 1957
Property Type Single Family Residence
Style Cabin
Subdivision Gardner Mountain 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023633010000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Construction Wood Frame, Log
Roof Pitched, Asphalt, Composition, Shingle
Foundation Concrete/Crawl Space, Post & Pier
Utilities & Systems
Heating Forced Air, Natural Gas

STR Investment Summary — 861 Gardner Street, 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.
Est. Gross Annual Revenue
$25K – $60K
typically ~$35,000
Avg Nightly Rate
$182
Projected Occupancy
52.8%
Cap Rate
2.7%
Structural Score: 48 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,119 sq ft covered of 380 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,603 sq ft
Allowed Coverage
380 sq ft · 5%
Existing Coverage
1,119 sq ft · 15%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
5
Existing Units
1

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 ↗
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