$275,000
3737 Terrace 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.
5 Beds
·
4.0 Baths
·
3,168 Sq Ft
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About This Property

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Experience a harmonious connection with the surrounding environment in this beautifully remodeled, three-level residence. The exterior showcases a refreshed design featuring redwood and slate accents, IPE and slate decking, redwood railings, and a new metal roof. Inside, new oak and mahogany flooring extends throughout the home. The top-level great room includes a bright living area with a floor-to-ceiling concrete fireplace and doors leading to a spacious slate deck. The adjoining gourmet kitchen, complete with quartz countertops, and the dining area both feature soaring wood ceilings with exposed rafters. The middle level offers the main entry, a versatile family or flex room, three comfortable bedrooms, and two bathrooms. The lower level includes two new primary suites and a laundry room. The bathrooms feature custom porcelain and marble tilework and heated floors. One of the primary suites provides access to a private deck and hot tub with tranquil natural views. The home comes fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20252457
Days on Market 127
Price/Sq Ft $87

Property History

Nov 11, 2025
Listed for sale
$275,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,168
Stories 3
Year Built 1967
Property Type Residential
Style Other
Subdivision SurroundingArea
APN 028051010000
Parking
Parking Features Carport
Exterior & Lot
Exterior Features Hot Tub,Air Conditioning
View Wooded,Mountain
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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%

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% ($55,000)
Home price
$275,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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