$668,000
3816 Steven Lane
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.
3 Beds
·
2.0 Baths
·
1,290 Sq Ft
·
5227 Lot

About This Property

Taken down to the studs and rebuilt with intention, this home delivers a classic Tahoe feel without the typical unknowns. Electrical, plumbing, heating, insulation and interior finishes have all been updated, creating a much newer foundation while leaning into warm, mountain-style finishes that give it real character. The kitchen and baths are clean and cohesive with alder cabinetry, solid surface counters and stainless appliances, and the living space is anchored by a true wood-burning stove.Being sold fully furnished, it's an easy setup from day one. Comfortable, inviting and exactly what most buyers are after in a Tahoe getaway. It works equally well for personal use or as a rental, where the classic cabin feel tends to outperform more generic remodels. With the City's evolving VHR ordinance, it also puts you in position without forcing a long-term plan.The outdoor space is simple and usable with a fully fenced yard and large composite deck, while the garage adds a storage mezzanine above for gear, seasonal items or a workspace. Set on a 5,227-sf lot in a central location close to the lake, Heavenly and Stateline, this is a straightforward property with the right mix of charm and function, ready to be enjoyed without a project list attached.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 142640
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $518

Property History

Mar 25, 2026
Listed for sale
$668,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,290
Lot Size 0.12 acres
Stories 1
Year Built 1954
Property Type Single Family Residence
Style Chalet
Subdivision Pinewood Heights
APN 029402026000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
View Filtered,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Asphalt,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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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%

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% ($133,600)
Home price
$668,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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