$960,000 Active
3724 Regina Road
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.
2 Beds
·
2.0 Baths
·
1,320 Sq Ft
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About This Property

Set against the unmatched backdrop of National Forest land, this refined Tahoe retreat offers a rare blend of privacy, tranquility, and an effortless connection to nature. Situated on .28 acres, the property embodies elevated mountain living with thoughtfully curated wood and natural stone finishes, creating a warm yet sophisticated alpine aesthetic.Fully remodeled and offered turnkey furnished, the home is truly move-in ready. The interior features dual fireplaces and a well-designed layout ideal for both intimate relaxation and gathering. A standout feature is the expansive loft, where an en-suite bath offers a versatile retreat, complete with spa-inspired elements, natural stone finishes, and a serene, elevated ambiance. Additional recent improvements include a new roof, water heater, dishwasher, and exterior trim paint, along with split A/C in the primary for year-round comfort.The outdoor experience is equally compelling. A private hot tub and outdoor fireplace create an inviting setting for evenings under the Sierra sky, while the direct forest backing offers immediate access to trails and endless year-round recreation. A custom, life-size teepee adds a distinctive and memorable element, perfect for entertaining or embracing Tahoe's adventurous spirit.Ideally located just a short 2-mile walk or bike ride to Heavenly Mountain Resort and only minutes from the shores of Lake Tahoe, this home provides effortless access to world-class skiing, hiking, and lakefront amenities.Additional features include generous exterior storage, a large shed, and a snow blower for added convenience in every season.

Listed by Stephanie Griffith — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142666
Days on Market 27
Sold Date 1800-01-01
Price/Sq Ft $727

Property History

Mar 16, 2026
Listed for sale
$960,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,320
Lot Size 0.28 acres
Stories 2
Year Built 1959
Property Type Single Family Residence
Style Split Level
Subdivision Ski Run Acres
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 030353009000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Spa/Hot Tub,Storage Shed,Bear-Proof Trash Can
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame,Stucco
Roof Composition,Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
Annual Tax $6,452
HOA / Community South Tahoe Association of Realtors
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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%

STR Investment Summary — 3724 Regina Road, South Lake Tahoe

Est. Annual Revenue
$52,587
Avg Nightly Rate
$355
Projected Occupancy
40.6%
Cap Rate
2.2%
Structural Score: 51 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($192,000)
Home price
$960,000
Loan details
30-yr fixed, 6.5%
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