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.
Cozy Tahoe Getaway Near Heavenly Ski ResortEscape to the beauty of Lake Tahoe in this inviting 2-bedroom, 2-bath home with a sleeping loft, ideally located near Heavenly Ski Resort. Perfect for families, couples, or groups of friends, the home offers a comfortable retreat after a day of skiing, hiking, boating, or exploring everything Tahoe has to offer.The home features two comfortable bedrooms, two full bathrooms, and a versatile sleeping loft that provides additional space for guests. The open living area creates a warm, welcoming place to relax, gather, and unwind, while the convenient carport provides covered parking.With its desirable location near Heavenly, you'll be close to world-class skiing and snowboarding in winter, as well as Lake Tahoe's beaches, hiking trails, restaurants, casinos, and year-round outdoor adventures.Whether you're planning a winter ski trip or a summer escape, this charming Tahoe home makes a great home base for enjoying the best of South Lake Tahoe.
Listed by Paul Windt — eXp Realty of California
Listing Details
StatusActive Under Contract
MLS #143416
Days on Market16
Sold Date1800-01-01
Price/Sq Ft$341
Property History
Aug 28, 2026
Listed for sale
$680,000
Sep 05, 2026
Pending
$680,000
Sale History
· changed hands 1×
Sold
Price
Listing agent (sell side)
Buyer agent (buy side)
Jul 2020
· county record
$470,000
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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
See projected rental revenue, occupancy rates, and investment scores.
STR Investment Analysis
Red Zone
STRUCTURAL SCOREPremium
58
PROJECTED GROSS ANNUAL REVENUE
$25K – $65Ktypically ~$40,000
~$3,333 per month
Avg Nightly
$213
Occupancy
51%
Cap Rate
2.3%
STR Investment Analysis
STRUCTURAL SCORE
PROJECTED GROSS ANNUAL REVENUE
Avg Nightly
Occupancy
Cap Rate
Est. NOI
Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.
We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.
NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.
Legal Occupancy
MONTHLY REVENUE
AVERAGE DAILY RATE
ADJUSTED OCCUPANCY
Estimates based on 2024-2025 comparable rental performance. Actual results vary.
STR Investment Summary — 3326 Pine Hill Road, 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
$25K – $65K
typically ~$40,000
Avg Nightly Rate
$213
Projected Occupancy
51.4%
Cap Rate
2.3%
Structural Score: 58 / 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.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
Over coverage limit
1,179 sq ft coveredof 400 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
2,000 sq ft
Allowed Coverage
400 sq ft · 20%
Existing Coverage
1,179 sq ft · 59%
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. 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.
Using estimated land ratio. Actual ratio may vary based on county assessment.
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
How Cost Segregation Works:
Cost segregation reclassifies building components into shorter depreciation categories, allowing accelerated deductions.
Calculation:
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.
