$688,000 Active
882 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
·
2.0 Baths
·
1,408 Sq Ft
Virtual Tour

About This Property

Located in the desirable Al Tahoe neighborhood, 882 Merced Ave. is a well-updated 4-bedroom cabin just two blocks from the lake. With easy access to Regan Beach, El Dorado Beach, and just minutes to Heavenly and some of South Lake Tahoe's best dining options, this is a great central location for both full-time living and a second home.The main living area features open beam ceilings, laminate flooring, and a freestanding gas fireplace that adds a comfortable Tahoe feel. The kitchen is equipped with granite slab counters, a breakfast bar, and plenty of workspace, making it functional for everyday living or entertaining.There are two bedrooms and a full bathroom on the main level, with two additional bedrooms and a second full bathroom upstairsoffering a flexible layout for family and guests.Out back, the fully fenced yard includes a hot tub and storage shed, creating a great space to relax after a day at the lake or on the slopes or on the lake.A rare opportunity to own a 4-bedroom home this close to the lake in one of South Lake Tahoe's most convenient neighborhoods.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142842
Sold Date 1800-01-01
Price/Sq Ft $489

Property History

May 05, 2026
Listed for sale
$688,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,408
Lot Size 0.12 acres
Year Built 1972
Property Type Single Family Residence
Style Chalet
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026039008000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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 — 882 Merced Avenue, South Lake Tahoe

Est. Annual Revenue
$52,221
Avg Nightly Rate
$536
Projected Occupancy
28.9%
Cap Rate
3.0%
Structural Score: 54 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($137,600)
Home price
$688,000
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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