$699,000 Active
771 S Shore Drive
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.
4 Beds
·
2.0 Baths
·
1,794 Sq Ft

About This Property

Blending the storybook charm of Tahoe with the warmth and romance of the French countryside, this inviting single-story home captures the essence of mountain livingwhether you're planting roots with family or searching for the perfect second-home escape. Offering 4 bedrooms, 2 full bathrooms, and a flexible space ideal for a 5th bedroom or home office, the layout is designed for both everyday comfort and effortless hosting after long days outdoors.Set on a spacious corner lot, the property features desirable RV parking and a private backyard retreat complete with a large shedperfect for storing bikes, paddleboards, skis, or transforming into a cozy she shed'' or creative studio. Inside, character and functionality blend seamlessly with thoughtful upgrades including a newer roof and a radon monitoring system for added peace of mind. A bonus storage closet is ready to house all your seasonal gear, from winter ski essentials to summer beach days.Step outside and immerse yourself in the Tahoe lifestylejust moments from scenic biking paths that connect the entire South Shore, stretching from Baldwin Beach to Stateline. Enjoy easy access to hiking, boating, skiing, and year-round adventure, all while being close to schools, shopping, and local dining. Nearby, the iconic Camp Richardson Historic Resort offers a glimpse into Tahoe's rich history along with lakeside relaxation and recreation.Whether it's morning coffee under the pines, afternoons on the trails, or evenings gathered with loved ones, this home delivers the kind of lifestyle people come to Tahoe forand never want to leave.

Listed by Bryan Finkel — eXp Realty of California

Listing Details

Status Active
MLS # 142822
Sold Date 1800-01-01
Price/Sq Ft $390

Property History

May 03, 2026
Listed for sale
$699,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,794
Lot Size 0.17 acres
Year Built 1964
Property Type Single Family Residence
Subdivision Tallac Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023571007000
Parking
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Siding
Roof Composition
Foundation Post & Pier
Utilities & Systems
Heating Forced Air
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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 — 771 S Shore Drive, South Lake Tahoe

Est. Annual Revenue
$46,378
Avg Nightly Rate
$447
Projected Occupancy
28.7%
Cap Rate
2.7%
Structural Score: 52 / 100 (Standard) · 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% ($139,800)
Home price
$699,000
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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