$89,000 $95,000 ↓ $6,000 reduced Active
4228 Marriott Grand Residence Club
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
·
3.0 Baths
·
1,341 Sq Ft

About This Property

Enjoy the luxury of 13 weeks of carefree living at the incredible Marriott Grand Residence Club. You can have it today with this beautiful 2 bedroom, 3 bath lock-off residence with a balcony and Tahoe view! There is no better place to live in Stateline. The Heavenly Gondola is right out your front door for the optimum skiing convenience. Savor the finest dining, shopping and entertainment in the new Heavenly Village. The excitement of the Nevada casinos is only 2 blocks away! Quarter 3. See agent remarks for more.

Listed by Carl Thoms — Paradise Timeshare Resale

Listing Details

Status Active
MLS # 140593
Days on Market 694
Sold Date 1800-01-01
Price/Sq Ft $66

Property History

Sep 01, 2024
Listed for sale
$89,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2023 $90,000 Carl ThomsParadise Timeshare Resale Nancy E BeaulieuRE/MAX Gold - SLT

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 3.0
Sq. Ft. 1,341
Year Built 2002
Property Type Residential
Subdivision Grand Residence
County El Dorado
STR Jurisdiction South Lake Tahoe
Financial
HOA Fee $20,115 / Annually
HOA & Community
Community Amenities Pool, Sauna, Spa, Security, Other/See Remarks
📊

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 — 4228 Marriott Grand Residence Club, South Lake Tahoe

Est. Annual Revenue
$35,016
Avg Nightly Rate
$176
Projected Occupancy
54.4%
Cap Rate
15.7%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

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

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% ($17,800)
Home price
$89,000
Loan details
30-yr fixed, 6.5%
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