About This Property
Welcome to 861 Gardner Street, a turnkey South Lake Tahoe retreat offering the perfect blend of comfort, convenience, and investment potential. Ideally located just minutes from beautiful beaches, world-class hiking and biking trails, renowned ski resorts, dining, shopping, and year-round recreation, this charming property makes an exceptional personal getaway or income-producing opportunity.Currently operating as a thriving short-term rental, the home is being offered fully furnished and ready for immediate enjoyment. Thoughtful upgrades, inviting interiors, and an easy, low-maintenance layout create a warm and welcoming Tahoe escape for owners and guests alike. After a day on the lake or the slopes, unwind in the lovely hot tub and enjoy the peaceful mountain setting.The spacious parcel also offers exciting future potential, with the possibility of up to approximately 3,251 square feet of allowable coverage, providing an opportunity to expand or reimagine the property, subject to applicable agency approvals and buyer verification.Whether you are searching for a weekend retreat, full-time residence, or proven vacation-rental investment, 861 Gardner Street delivers turnkey appeal in one of Lake Tahoe's most desirable recreational destinations. Short-term-rental eligible; buyer to independently verify all permit, coverage, rental, and development possibilities.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2025 | $499,000 | Alora ReynoldsChase International - South Lake Tahoe | Angela M RobertsMountain Luxury Properties |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 861 Gardner Street, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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