$2,895,000 $3,290,000 ↓ $395,000 reduced Active
3838 Meadow Road
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
5 Beds
·
3.5 Baths
·
2,756 Sq Ft

Our data on this home

About This Property

Set within Tahoe Meadows, one of South Lake Tahoe's most cherished lakeside enclaves, this handcrafted log home offers something increasingly rare: a true legacy cabin in a community built around summers at the lake and decades of shared tradition. The 2,756-square-foot, two-story log home sits on a flat, 0.59-acre lot and carries a build that would be difficult to replicate today. The logs were hand-selected, milled, and assembled by a master log builder in British Columbia, then disassembled, trucked to Tahoe, and rebuilt on site. Towering pines, private roads, and direct community access to the lake create an atmosphere reminiscent of an older Tahoe, when summers were spent at the beach and generations of families returned to the same cabins year after year.Inside, an open-concept great room anchors the home with a floor-to-ceiling hand-laid river-rock fireplace with gas insert, vaulted tongue-and-groove pine ceilings, exposed log beams, and oversized windows framing the surrounding aspen and pine forest. The kitchen features granite counters, knotty-pine cabinetry, glass-front uppers, a built-in refrigerator, gas cooktop, and a live-edge raised bar crafted on site. Custom artisan millwork runs throughout, including a hand-built log staircase and railing, a log-arched bench and bookshelf entry nook, built-in library shelving, and handcrafted log bedroom furniture.Five bedrooms include a private primary retreat with a log-railed balcony, vaulted ceilings, and forest views, plus distinctive guest rooms with hidden storage. The home is served by a private well, with the wellhead set in the back yard. Radiant-heated bathroom floors, a standalone soaking tub, and handcrafted accents throughout the baths add comfort and character.The expansive backyard feels private, surrounded by trees and natural landscape. There's room for a hot tub, lawn games, and plenty of space for nights with family and friends under the stars. A garage and storage building near the front of the home holds gear and tools.Tahoe Meadows offers private community beach access, a summer activities supervisor, Saturday campfires and ball games, a Fourth of July parade, and an on-site caretaker. Buoys are available through the HOA, adding rare lake access a short walk from the door. Minutes from Heavenly, the casinos at Stateline, and the shops and dining of Heavenly Village, with the shoreline close by, this property is one of a kind in Tahoe.A handcrafted legacy cabin in the heart of Tahoe Meadows, built with true log-home craftsmanship and surrounded by one of South Lake Tahoe's most beloved lakeside communities.

Listed by Ryan Smith — Compass

Listing Details

Status Active
MLS # 143107
Days on Market 119
Price/Sq Ft $1,050

Property History

Jun 25, 2026
Listed for sale
$3,290,000
Sep 10, 2026
Price reduced
$2,895,000 $3,290,000 ↓ $395,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 1992 · county record $100,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,756
Lot Size 0.59 acres
Year Built 2002
Property Type Single Family Residence
Style Log
Subdivision Tahoe Mdws
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029103021000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Lot Features Adjacent to Forest, Adjacent to Meadow
View Meadow, Forest
Construction Log
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $2,750 / Annually
HOA & Community
Community Amenities Additional Parking, Beach, Pier
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
74
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 3838 Meadow Road, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 74 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,561 sq ft covered of 256 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
25,558 sq ft
Allowed Coverage
256 sq ft · 1%
Existing Coverage
3,561 sq ft · 14%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$8,400 – $9,800/yr
about $758/mo
Est. Rebuild Cost (Coverage A)
$1,515,800
FAIR Plan (fire)
$7,000/yr
DIC wrap (theft, water, liability)
$1,400 – $2,800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$18,267 per month
Principal & interest
$14,639/mo
Property taxes
$2,641/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$229/mo
From MLS listing data.
Home insurance
$758/mo
CA FAIR Plan + DIC estimate, ~$8,400–$9,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($579,000)
Home price
$2,895,000
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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