$339,899
516 Emerald Bay Road #234
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.
2 Beds
·
1.0 Baths
·
912 Sq Ft
·
871 Lot

About This Property

Welcome to this beautifully updated 2-bedroom end unit condo in St. Francis of the Woods- just moments from Lake Tahoe's shoreline and an endless network of hiking and biking trails. Fully renovated three years ago, this home features a modern kitchen with granite countertops, upgraded cabinetry, and newer appliances. Durable vinyl plank flooring runs throughout, complementing the fresh interior paint in the kitchen, living room, dining area, and hallway.The bathroom has been tastefully upgraded with a new vanity, shower surround, and toilet, offering a clean and contemporary feel. Step out onto the balcony to enjoy peaceful views overlooking the pool and surrounding forest- an ideal spot to unwind and take in Tahoe's natural beauty.Situated at the end of the Gardner Mountain neighborhood, this condo provides unbeatable access to the forest, trails, and the lake itself. A perfect blend of comfort, location, and outdoor lifestyle awaits.

Listed by Shannon Witt — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 142373
Days on Market 100
Sold Date 1800-01-01
Price/Sq Ft $373

Property History

Dec 06, 2025
Listed for sale
$339,899
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 912
Lot Size 0.02 acres
Year Built 1972
Property Type Condominium
Subdivision St Francis Woods
APN 023830022000
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Wood Siding
Roof Flat, Tar/Gravel
Foundation Other
Utilities & Systems
Heating Wall or Space Heater
Financial
HOA Fee $671 / Monthly
HOA & Community
Community Amenities Pool, Additional Parking
📊

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%

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% ($67,980)
Home price
$339,899
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