$199,998 Active
(CABIN) Emerald Bay Road #49
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
1 Beds
·
1.0 Baths
·
362 Sq Ft

About This Property

Huge price reduction. Lowest price home in South Lake Tahoe!Originally part of the manager's home, this cabin has been separated into its own cozy residence, ideal as a full-time home, summer/ski home, weekend getaway, or investment property. It offers the benefits of being part of the St. Francis of the Woods HOA and its CC&Rs, granting access to all the community amenities such as the grounds, pool, spa, and maintenance services. However, it provides more privacy than a typical condo, offering a unique blend of communal perks with a more secluded living experience.Unwind on the inviting front porch (permitted addition) or take a walk in the forest.Inside, you'll find numerous upgrades, including newer dual-pane windows and blinds, ceiling fans in both the living room and bedroom, new laminate flooring in the bathroom, refinished tile and tub, plus a new toilet. Efficient wall heater (installed ~5 years ago and is owned and maintained by the HOA).Located directly across from the bike path and just minutes from beautiful beaches, popular coffee shops, shopping, and dining. This hidden gem combines comfort, convenience, and character in one of the area's most desirable settings.

Listed by Barbara Gerland — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 141873
Days on Market 291
Sold Date 1800-01-01
Price/Sq Ft $552

Property History

Jul 03, 2025
Listed for sale
$199,998
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 362
Lot Size 0.01 acres
Year Built 1959
Property Type Condominium
Style Cabin
Subdivision St Francis Woods
County El Dorado
STR Jurisdiction El Dorado County
APN 023830001000
Exterior & Lot
Exterior Features Storage Shed
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Masonry
Roof Composition
Foundation Concrete/Crawl Space
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
Financial
HOA Fee $272 / Monthly
HOA & Community
Community Amenities Pool, Spa, Additional Parking, Other/See Remarks
📊

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 — (CABIN) Emerald Bay Road #49, South Lake Tahoe

Est. Annual Revenue
$35,466
Avg Nightly Rate
$205
Projected Occupancy
45.3%
Cap Rate
7.1%
Structural Score: 45 / 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% ($40,000)
Home price
$199,998
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444