$450,000 Active
2692 Springwood 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.
3 Beds
·
2.0 Baths
·
1,216 Sq Ft
Virtual Tour

About This Property

Located in the desirable Highland Woods planned unit development, this well-maintained three-bedroom, two-bath chalet offers a low-maintenance lifestyle in a central South Lake Tahoe location close to Heavenly Mountain Resort, area beaches, dining, and shopping. Backing to a large common grassy area, the setting provides extra space and a peaceful mountain feel.The downstairs living floor plan features vaulted open beam ceilings, a cozy wood-burning fireplace, and an inviting living area filled with natural light. The main level also includes a bedroom, full bathroom, and separate laundry room for added convenience. Upstairs are two additional bedrooms with open beam ceilings along with a second full bathroom.This property has been very well maintained and features newer exterior doors, double-pane windows, and a spacious back deck that opens to the beautifully maintained common area. Whether you are looking for a full-time residence, vacation getaway, or investment property, this chalet offers a great combination of comfort, convenience, and classic Tahoe charm.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142964
Sold Date 1800-01-01
Price/Sq Ft $370

Property History

May 22, 2026
Listed for sale
$450,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,216
Lot Size 0.02 acres
Stories 2
Year Built 1977
Property Type Single Family Residence
Style Chalet
Subdivision Highld Wds Plnd Dev
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031351008000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Cul-De-Sac
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 Fee $1,200 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Other/See Remarks
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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 — 2692 Springwood Drive, South Lake Tahoe

Est. Annual Revenue
$38,746
Avg Nightly Rate
$282
Projected Occupancy
38.6%
Cap Rate
3.4%
Structural Score: 49 / 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% ($90,000)
Home price
$450,000
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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