$1,188,000 Active
842 San Francisco Avenue
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, so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
2.5 Baths
·
2,382 Sq Ft
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About This Property

Built in 2022 and located in the desirable Al Tahoe neighborhood, 842 San Francisco Avenue offers the perfect blend of modern construction, convenience, and investment potential. Situated within the City of South Lake Tahoe, this property is eligible for a short-term rental permit and is just minutes from Regan Beach, the El Dorado Beach boat launch, shopping, dining, and Heavenly Ski Resort.Designed with a bright and open floor plan, this impressive home features tall ceilings, oversized 8-foot doors, and abundant natural light throughout. The spacious upstairs living area is ideal for both everyday living and entertaining, offering durable laminate flooring, vaulted ceilings, and a cozy gas fireplace that serves as the focal point of the great room.The chef's kitchen is the centerpiece of the home, featuring a built-in 48-inch refrigerator, stainless steel appliances, a six-burner commercial-grade gas range, granite slab countertops, an oversized island, a dedicated workstation, and ample cabinet and counter space for preparing meals and gathering with family and friends.The upstairs primary suite provides a private retreat with a walk-in closet and a beautifully appointed en-suite bathroom featuring custom tile work and a dual-sink vanity. A convenient laundry room with built-in cabinetry is also located on the upper level. Step outside to the spacious composite rear deck, which overlooks the fenced backyard and provides easy access via an exterior staircase.Downstairs, you'll find three additional guest bedrooms, a full bathroom, and a thoughtfully designed pet wash stationperfect for cleaning up after a day at the lake, on the trails, or on the ski slopes.With four bedrooms, 2.5 bathrooms, a two-car garage, modern finishes throughout, short-term rental eligibility, and an unbeatable in-town location, this turnkey home offers an exceptional opportunity as a primary residence, second home, or vacation rental investment.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143025
Sold Date 1800-01-01
Price/Sq Ft $499

Property History

Jun 16, 2026
Listed for sale
$1,188,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,382
Lot Size 0.14 acres
Year Built 2022
Property Type Single Family Residence
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026102010000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
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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 — 842 San Francisco Avenue, South Lake Tahoe

Est. Annual Revenue
$69,061
Avg Nightly Rate
$671
Projected Occupancy
28.6%
Cap Rate
2.3%
Structural Score: 75 / 100 (Luxury) · 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% ($237,600)
Home price
$1,188,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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