$299,000
Active
516 Emerald Bay Road #103
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.
1
Beds
·
678
Sq Ft
About This Property
Beautiful ground level condo In St. Francis of the Woods. Featuring 1 bedroom, 1 bath with a remodeled interior including, granite countertops, flooring and paint. Just across the road is a bike trail to the best beaches, hiking trails and famous Camp Richardson providing gourmet dining and cocktails on the beach.The HOA includes On-site laundry, pool, hot tub, BBQ and picnic area, 1-car covered carport, year-round on-site maintenance and snow removal.
Listed by Joe Riffel — Coldwell Banker Select - LTB
Listing Details
Status
Active
MLS #
142602
Days on Market
44
Sold Date
1800-01-01
Price/Sq Ft
$441
Property History
Mar 16, 2026
Listed for sale
$299,000
Property Overview
Beds
1
Sq. Ft.
678
Lot Size
0.02 acres
Year Built
1972
Property Type
Condominium
Subdivision
St Francis Woods
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
023830005000
Exterior & Lot
Exterior Features
Spa/Hot Tub
Construction
Wood Frame
Foundation
See Remarks
Pool & Spa
Pool
In Ground Pool
Utilities & Systems
Heating
Natural Gas, Wall or Space Heater, Fireplace
Financial
HOA Fee
$591 / Monthly
HOA & Community
Community Amenities
Pool, Hot Tub, Additional Parking
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%
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% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
