$660,000 Active
890 Tanglewood 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
·
1,134 Sq Ft

About This Property

Ideal Size, Perfect Price, Prime Location!Nestled in the sought-after and serene Highland Woods neighborhood, this charming single-story home is perfect for those who want access to all the beautiful nature Tahoe has to offer, but also the ease of being in town.Right outside the door is access to forest trails and meadow land ideal for dog walks, morning strolls, or simply enjoying the natural beauty of Tahoe. Just down the street, the nearby bike trail provides easy access to restaurants, beaches, and many of Tahoe's hot spots.Step through the front door and into an inviting open floor plan designed for comfortable living. The interior has been thoughtfully updated with modern finishes. The property also offers valuable additional space at the back of the garage, which was fully permitted and provides flexibility for a bedroom, home office, hobby space, or other lifestyle needs.The side patio promises delightful outdoor moments, while the front yard showcases a beautifully maintained landscape. Exterior Govee lighting provides a multitude of options for creating that perfect ambiance. Heat tape has been installed on the roof to help with those winter months and there are three well-built sheds offer plenty of convenient storage for bikes, outdoor gear, tools, and more!With its ideal size, prime mid-town location, outdoor access, and thoughtful updates, this property is ready to become your own Tahoe haven. Don't miss the opportunity to make it yours!

Listed by Jessica Hughes — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143382
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $582

Property History

Aug 20, 2026
Listed for sale
$660,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2012 · county record $159,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,134
Lot Size 0.17 acres
Year Built 1976
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031313007000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wall or Space Heater
Cooling Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$32K – $51K typically ~$42,377
~$3,531 per month
Avg Nightly
$222
Occupancy
52%
Cap Rate
2.6%

STR Investment Summary — 890 Tanglewood Drive, South Lake Tahoe

Est. Gross Annual Revenue
$32K – $51K
typically ~$42,377
Avg Nightly Rate
$222
Projected Occupancy
52.4%
Cap Rate
2.6%
Structural Score: 67 / 100 (Premium) · STR Zone: Yellow

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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,896 sq ft covered of 2,188 sq ft allowed
291 sq ft of coverage still available to add.
Parcel Size
7,292 sq ft
Allowed Coverage
2,188 sq ft · 30%
Existing Coverage
1,896 sq ft · 26%
Addable Coverage
291 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($132,000)
Home price
$660,000
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