$5,988,000 Active
3567 Saddle Road
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.
5 Beds
·
4.0 Baths
·
5,374 Sq Ft
Virtual Tour

About This Property

Beyond a stately iron gate and down a winding drive framed by native pines and granite outcroppings lies one of South Lake Tahoe's most exclusive alpine compounds. Perched atop the crown of a five-acre sanctuary, this private estate commands panoramic views spanning Lake Tahoe's crystalline waters, the iconic silhouette of Mt. Tallac, and a skyline of surrounding summits. Offering a rare blend of scale, seclusion, and scenery, the property lies at the intersection of wilderness and world-class convenience---just moments from Heavenly's CA Lodge and the famed Powerline Trail.- - Crafted by one of the region's most respected builders, the architecture harmonizes bold timber elements, dynamic rooflines, and artisan stonework---uniting durability with timeless design. Thoughtfully sited among granite formations and bathed in sunlight, the home is both immersed in nature and buffered from the outside world.- - A true-arched entry leads into a grand foyer with soaring ceilings and a quartzite-floored fountain. The great room makes an immediate impression with massive purlin beams, floor-to-ceiling windows, and unfiltered views. A stone-wrapped fireplace with hammered copper accents anchors the space, while radiant heat beneath distressed oak floors adds comfort throughout.- - An open layout connects to a chef's kitchen, where Alder cabinetry meets live-edge sandstone countertops. Commercial-grade appliances, a walk-in pantry with dumbwaiter, double wall oven, and warming drawer enhance daily functionality. A cozy breakfast nook beneath turreted cedar ceilings adds warmth and charm. An expansive L-shaped composite deck offers a front-row seat to sunsets and starry skies.- - The main-level primary suite evokes a private lodge feel with a sitting alcove, fireplace, dormered ceilings, and secluded balcony. A spa-caliber bath features dual vanities, hammered copper sinks, a steam shower with dual heads, and an infinity-edge soaking tub. The walk-in wardrobe includes detailed millwork, organization, and a split laundry chute.- - Downstairs, two additional suites showcase natural stone finishes, designer lighting, and custom cabinetry. The secondary living space is perfect for entertaining, with built-in surround sound, gaming space, wet bar, and a native granite fireplace with hand-hewn mantle.- - Other features include an executive office with antique-finished built-ins, full laundry center, fire suppression, integrated audio, and a climate-controlled three-car tandem garage with dog wash. Hydronic radiant heat, an indirect boiler-fed hot water system, and central vacuum optimize efficiency. - - Every inch of this retreat reflects thoughtful craftsmanship and enduring materials, wrapped in distressed alder and finished in Ralph Lauren's warmest tones.- - With 7,000+ square feet of remaining coverage, the possibilities for expansion---are as limitless as the views!

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 141904
Days on Market 301
Sold Date 1800-01-01
Price/Sq Ft $1,114

Property History

Jul 02, 2025
Listed for sale
$5,988,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 5,374
Lot Size 5.00 acres
Year Built 2006
Property Type Single Family Residence
Style Contemporary
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025510006000
Parking
Garage Spaces 3
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Mountains, Meadow, Lake, Forest, Ski Resort
Construction Wood Frame, Wood Siding, Rock
Roof Pitched, Asphalt, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Radiant Heat-Floor
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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 — 3567 Saddle Road, South Lake Tahoe

Est. Annual Revenue
$217,269
Avg Nightly Rate
$1857
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 77 / 100 (Luxury) · 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% ($1,197,600)
Home price
$5,988,000
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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