$495,000 Active
836 Hazel 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.
1 Beds
·
1.0 Baths
·
768 Sq Ft
Virtual Tour

About This Property

Huge Potential! This 1-bedroom, 1-bathroom home offers an opportunity to update, renovate, or reimagine the space to suit your needs. The home and detached garage are connected by a covered breezeway, creating exciting possibilities for a buyer with a creative eye. The main home features an open-concept layout with one bedroom, one bathroom, and a spacious living room. Just beyond the back door, the covered breezeway leads to the detached garage, offering over 400 sqft. and featuring a sink, washer and dryer hookups, and a gas line already in place. Located at the end of a very quiet cul-de-sac, you can relax and enjoy the spacious front deck and imagine the possibilities this property has to offer. With easy access to Camp Richardson, beaches, dining, and trails, it's hard to beat this location. Come see it today! This is a probate sale.

Listed by Michael Lanier — Compass

Listing Details

Status Active
MLS # 143234
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $645

Property History

Jul 23, 2026
Listed for sale
$495,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 768
Lot Size 0.17 acres
Year Built 1964
Property Type Single Family Residence
Style Cabin
Subdivision Tahoe Island Park 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023655015000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Lot Features Cul-De-Sac
View Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Wood
📊

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 — 836 Hazel Drive, South Lake Tahoe

Est. Annual Revenue
$30,589
Avg Nightly Rate
$158
Projected Occupancy
52.8%
Cap Rate
2.5%
Structural Score: 57 / 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
1,629 sq ft covered of 74 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,374 sq ft
Allowed Coverage
74 sq ft · 1%
Existing Coverage
1,629 sq ft · 22%
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% ($99,000)
Home price
$495,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message