About This Property
Experience timeless Tahoe charm in this turnkey 3-bedroom, 2-bath chalet, ideally located near Lake Tahoe's most celebrated attractions. A spacious bonus living area provides the flexibility of a fourth sleeping space, making the home well suited for family getaways, entertaining, or hosting additional guests.Inside, thoughtful upgrades blend modern comfort with classic mountain character. Custom, high-end furnishings handcrafted by a local Tahoe artisan complement the home's warm, inviting atmosphere. The kitchen, both bathrooms, windows, flooring, and electrical systems were completely renovated in 2007 and have retained a timeless style that feels perfectly at home in the Sierra Nevada.Major recent improvements offer added comfort and peace of mind. The roof was replaced in 2023, while a complete new heating system - including new ductwork - was installed in 2024. After a day in the snow, step into the mudroom with heated floors, designed to keep winter gear organized while adding a welcome touch of warmth.An oversized detached garage offers exceptional storage and the potential to accommodate up to three vehicles - ideal for cars, outdoor equipment, and all your Tahoe adventure gear.Located just a short drive from multiple world-renowned ski resorts, Heavenly Village, the Stateline casinos, and the incomparable shores of Lake Tahoe, this inviting chalet offers the perfect combination of comfort, craftsmanship, convenience, and mountain lifestyle. Whether enjoyed as a full-time residence or a Tahoe retreat, this beautifully maintained home is ready to welcome its next owners.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2014 · county record | $398,000 | 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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 786 Tehama Drive, South Lake Tahoe
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
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
