$425,000 $550,000 ↓ $125,000 reduced Active
3790 Stewart Way
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
2 Beds
·
1.0 Baths
·
412 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage 2,479 sq ft allowed 2,479 sq ft impervious surface allowed Home insurance $1,000 – $1,100/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Great opportunity for a rare cabin on an oversized lot in the heart of South Lake Tahoe! Nestled among tall pines, this charming mountain retreat sits on a spacious parcel offering room to expand, entertain, or simply enjoy extra privacy.This classic Tahoe cabin has character, and rustic charm throughout. Enjoy an open-concept living area with abundant natural light and views of the surrounding forest. Step outside to a large front deck perfect for outdoor gatherings, future upgrades, or soaking in the serenity of nature. Located just minutes from Heavenly Ski Resort, the lake, shopping, dining, and tons of walking trails. This is your chance to own a piece of Tahoe on a lot that stands out from the rest.

Listed by Jason Lococo — Dickson Realty

Listing Details

Status Active
MLS # 141725
Days on Market 504
Price/Sq Ft $1,032

Property History

Jun 06, 2025
Listed for sale
$550,000
Jul 24, 2026
Price reduced
$425,000 $450,000 ↓ $25,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 412
Lot Size 0.23 acres
Year Built 1957
Property Type Single Family Residence
Style Cabin
Subdivision Markofer
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 028043003000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Lot Features Cul-De-Sac
View Mountains, Forest
Construction Wood Frame
Roof Pitched, Metal
Foundation Post & Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Seller's Annual Tax $467
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
45
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.

STR Investment Summary — 3790 Stewart Way, 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.
Structural Score: 45 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Parcel Size
9,915 sq ft
Allowed Coverage
2,479 sq ft · 25%
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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,000 – $1,100/yr
about $88/mo
Est. Rebuild Cost (Coverage A)
$173,040
FAIR Plan (fire)
$800/yr
DIC wrap (theft, water, liability)
$200 – $300/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$2,625 per month
Principal & interest
$2,149/mo
Property taxes
$388/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price. The $467 on this listing is the seller's bill.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$88/mo
CA FAIR Plan + DIC estimate, ~$1,000–$1,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($85,000)
Home price
$425,000
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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