$719,900 $739,500 ↓ $19,600 reduced Active
2400 Tahoe Vista Drive #A & B
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
4 Beds
·
1,536 Sq Ft
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About This Property

Discover a rare Tahoe investment opportunity in the coveted Tahoe Island neighborhood! This well-located duplex delivers strong income potential with two spacious units, each featuring 2 bedrooms, 1 bathroom, an attached garage, and a private fenced yard.Close to the bike path, Camp Richardson Resort, South Shore beaches, mountain biking, and ski resorts, this property offers the ideal combination of convenience, recreation, and year-round appeal.Whether you're expanding your portfolio or seeking a live-in investment, this is a property worth a closer look.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142874
Days on Market 126
Sold Date 1800-01-01
Price/Sq Ft $469

Property History

May 10, 2026
Listed for sale
$739,500
Aug 13, 2026
Price reduced
$719,900 $739,500 ↓ $19,600
Property Overview
Beds 4
Sq. Ft. 1,536
Lot Size 0.15 acres
Year Built 1961
Property Type Duplex
Subdivision Tahoe Island Park 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023654013000
Parking
Garage Spaces 2
Total Parking 4
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
Cooling Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$30K – $75K typically ~$40,000
~$3,333 per month
Avg Nightly
$226
Occupancy
48%
Cap Rate
2.2%

STR Investment Summary — 2400 Tahoe Vista Drive #A & B, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$30K – $75K
typically ~$40,000
Avg Nightly Rate
$226
Projected Occupancy
48.4%
Cap Rate
2.2%
Structural Score: 56 / 100 (Premium) · STR Zone: Red

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.

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% ($143,980)
Home price
$719,900
Loan details
30-yr fixed, 6.5%
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