$529,000 $595,000 ↓ $66,000 reduced Active Under Contract
900 Patricia Lane
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 (residential zones), so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
1,036 Sq Ft

About This Property

Price improvement!! Charming 2-Bedroom 2 Bath Home with office & detached garage- Great Potential Near Bike Path & Beaches-only $529,000.00. Nestled in a prime South Lake Tahoe location. This home offers endless potential and is priced to sell. The home features a spacious layout with an additional office space, perfect for remote work. A large detached 1-2 car garage provides added convenience and room for your outdoor gear or projects and an opportunity to add an ADU above. The 1/6 acre flat lot offers easy access, ample additional RV or Boat parking and plenty of space for outdoor activities or future enhancements.Don't miss out on the chance to own in one of the most desirable areas in Tahoe-schedule your Showing today!

Listed by Billy Hodges — Billy Hodges, Broker

Listing Details

Status Active Under Contract
MLS # 142617
Days on Market 144
Sold Date 1800-01-01
Price/Sq Ft $511

Property History

Mar 21, 2026
Listed for sale
$529,000
Jun 24, 2026
Price changed
$545,000
Jul 13, 2026
Price changed
$529,000
Aug 04, 2026
Relisted
$529,000
Aug 10, 2026
Pending
$529,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,036
Lot Size 0.17 acres
Year Built 1959
Property Type Single Family Residence
Style Contemporary
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023582003000
Parking
Garage Spaces 1
Parking Features RV Access/Parking
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
📊

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 — 900 Patricia Lane, South Lake Tahoe

Est. Annual Revenue
$36,365
Avg Nightly Rate
$186
Projected Occupancy
53.6%
Cap Rate
2.7%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,799 sq ft covered of 2,248 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,493 sq ft
Allowed Coverage
2,248 sq ft · 30%
Existing Coverage
2,799 sq ft · 37%
Addable Coverage
0 sq ft
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 ↗

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% ($105,800)
Home price
$529,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.