$1,349,000 Active
3274 S Upper Truckee Road
South Lake Tahoe, CA 96150
✗ STR Not Currently Allowed — Waitlist
El Dorado County has paused new STR permits. A waitlist is in place — no new permits are being issued at this time.
4 Beds
·
3.0 Baths
·
3,211 Sq Ft

About This Property

A More Beautiful Way to GatherExpansive windows, generous living spaces, and the warmth of a true Tahoe homeSet in the sought-after Christmas Valley area of South Lake Tahoe, 3274 South Upper Truckee Road captures the comfort of mountain living with the scale and presence of a well-appointed custom home. Encompassing approximately 3,211 square feet, the four-bedroom, three-bath layout is designed for both everyday ease and relaxed entertaining. Large windows invite natural light throughout the interiors while framing beautiful mountain and forest views, creating a constant connection to the surrounding landscape. A fireplace adds warmth and character to the main living space, while the kitchen, complete with double ovens, is well suited to gathering and hosting.The home continues to impress with spaces that balance comfort and function, including a dedicated game room and a fenced yard that extends the living experience outdoors. In the primary suite, a dual-sided fireplace and jetted tub bring a quiet, spa-like sensibility to the bath, offering a more private and restorative feel at the end of the day. Set amid one of South Lake Tahoe's most desirable residential settings, this property offers an inviting blend of space, natural beauty, and year-round mountain lifestyle.

Listed by Jean Merkelbach — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 142733
Sold Date 1800-01-01
Price/Sq Ft $420

Property History

Apr 16, 2026
Listed for sale
$1,349,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,211
Lot Size 0.25 acres
Year Built 2006
Property Type Single Family Residence
Subdivision River Park Estates 2
County El Dorado
STR Jurisdiction El Dorado County
APN 036562006000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains
Construction Wood Frame,Wood Siding
Roof Pitched,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
📊

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 — 3274 S Upper Truckee Road, South Lake Tahoe

Est. Annual Revenue
$63,423
Avg Nightly Rate
$684
Projected Occupancy
25.5%
Cap Rate
1.9%
Structural Score: 56 / 100 (Premium) · 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% ($269,800)
Home price
$1,349,000
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