$469,000 $499,000 ↓ $30,000 reduced Active
3849 Steven Lane
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.
3 Beds
·
2.0 Baths
·
1,080 Sq Ft

About This Property

Discover the potential of this centrally located South Lake Tahoe property at 3849 Steven Lane. This 3-bedroom, 2-bathroom home sits on a generous 10,000 sq. ft. lot, offering plenty of space for expansion, outdoor living, or future improvements.Ideally situated just minutes from Heavenly Village, Ski Run Boulevard, shopping, dining, beaches, and year-round recreation, this location is hard to beat. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, the possibilities are endless.The home does require work, making it an excellent opportunity for buyers looking to renovate and add value. With a large parcel in a highly desirable neighborhood, this is your chance to create your own Tahoe retreat in one of the area's most sought-after locations.

Listed by Jarred Uppendahl — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143289
Days on Market 24
Sold Date 1800-01-01
Price/Sq Ft $434

Property History

Jul 31, 2026
Listed for sale
$499,000
Aug 18, 2026
Price reduced
$469,000 $499,000 ↓ $30,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1987 · county record $82,000 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 3
Baths 2.0
Sq. Ft. 1,080
Lot Size 0.23 acres
Year Built 1953
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029403007000
Exterior & Lot
Construction Wood Frame, Wood Siding
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
42
PROJECTED GROSS ANNUAL REVENUE
$29K – $69K typically ~$39,303
~$3,275 per month
Avg Nightly
$207
Occupancy
52%
Cap Rate
3.4%

STR Investment Summary — 3849 Steven Lane, South Lake Tahoe

Est. Gross Annual Revenue
$29K – $69K
typically ~$39,303
Avg Nightly Rate
$207
Projected Occupancy
52.0%
Cap Rate
3.4%
Structural Score: 42 / 100 (Standard) · STR Zone: Yellow

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

Room to build
1,279 sq ft covered of 2,502 sq ft allowed
1,223 sq ft of coverage still available to add.
Parcel Size
10,009 sq ft
Allowed Coverage
2,502 sq ft · 25%
Existing Coverage
1,279 sq ft · 13%
Addable Coverage
1,223 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 ↗

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% ($93,800)
Home price
$469,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.

Or call directly: (530) 317-0373