$649,000 Active
861 Stanford Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
2.0 Baths
·
1,166 Sq Ft

About This Property

Step into the quintessential Tahoe lifestyle at 861 Stanford, a charming retreat perfectly positioned on a spacious corner lot in the heart of the Al Tahoe neighborhood. Freshly updated and ready for its next chapter, this home features a brand-new roof (2026) and a crisp interior featuring modern lighting and new ceiling fans throughout.The layout flows effortlessly and includes the added convenience of an attached one-car garage. Outside, the fully fenced backyard provides a private sanctuary for summer BBQs or simply soaking up the alpine air.Location is everything here. You're just moments away from the sandy shores of Lake Tahoe and the vibrant local dining scene. Whether you're heading out for a sunset dinner or spending the day by the water, everything that makes this area iconic is right at your doorstep. This is the perfect home base for those who want to live where they play.

Listed by Jackie Arthur — Compass

Listing Details

Status Active
MLS # 143208
Days on Market 2
Sold Date 1800-01-01
Price/Sq Ft $557

Property History

Jul 24, 2026
Listed for sale
$649,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2017 · county record $406,000 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,166
Lot Size 0.14 acres
Year Built 1993
Property Type Single Family Residence
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026109005000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

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 — 861 Stanford Avenue, South Lake Tahoe

Est. Annual Revenue
$38,880
Avg Nightly Rate
$198
Projected Occupancy
53.7%
Cap Rate
2.4%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,318 sq ft covered of 1,803 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,011 sq ft
Allowed Coverage
1,803 sq ft · 30%
Existing Coverage
2,318 sq ft · 39%
Addable Coverage
0 sq ft
IPES Score
911.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($129,800)
Home price
$649,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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