$650,000 $670,000 ↓ $20,000 reduced Active Under Contract
3384 Bruce Drive
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
·
1,332 Sq Ft

About This Property

Welcome to 3384 Bruce Avenue, a South Lake Tahoe gem that perfectly blends mountain charm with modern comfort. This 3-bedroom, 2-bathroom, 2-car garage is ready for you to call it home.Step inside to discover an inviting open floor plan with rich wood accents and abundant natural light streaming through large windows. The living area, complete with an open fireplace, is ideal for relaxing after a day exploring Tahoe's outdoor wonders. The updated kitchen boasts stainless steel appliances, quartz countertops, and ample cabinetry, making it a pleasure to cook and entertain.The primary bedroom offers a peaceful escape, featuring an en-suite bathroom and serene views of the surrounding greenery. Two additional bedrooms provide flexibility for family, guests, or a home office. Outside, the spacious backyard with a shed and patio is perfect for summer barbecues or simply soaking in the downtime.Located in a quiet neighborhood, this property is just minutes from Heavenly Ski Resort, hiking trails, Ski Run Blvd, and the waters of Lake Tahoe.

Listed by Jackie Arthur — Compass

Listing Details

Status Active Under Contract
MLS # 142813
Days on Market 57
Sold Date 1800-01-01
Price/Sq Ft $488

Property History

May 21, 2026
Listed for sale
$650,000
Current
Pending
$650,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,332
Lot Size 0.14 acres
Year Built 1965
Property Type Single Family Residence
Style Ranch
Subdivision Rancho Bijou 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025394008000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
View Mountains, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
📊

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 — 3384 Bruce Drive, South Lake Tahoe

Est. Annual Revenue
$47,728
Avg Nightly Rate
$247
Projected Occupancy
52.8%
Cap Rate
2.9%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,819 sq ft covered of 1,812 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,039 sq ft
Allowed Coverage
1,812 sq ft · 30%
Existing Coverage
2,819 sq ft · 47%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($130,000)
Home price
$650,000
Loan details
30-yr fixed, 6.5%
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