$795,000 Active
3357 Treehaven Drive
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
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.
4 Beds
·
1,986 Sq Ft

About This Property

Warm and inviting, this well-maintained duplex offers an excellent opportunity in a prime South Tahoe location. Each unit features 2 bedrooms, 1 bathroom, and its own one-car garage, while the contiguous parcel creates added privacy and a comfortable sense of separation between the two residences. With separate road access from 3357 Treehaven Drive and 3356 Mono Lane, the property offers both convenience and flexibility. The Treehaven unit has been thoughtfully refreshed with updated sheetrock, paint, luxury vinyl flooring, baseboards, doors, lighting, kitchen and bath finishes, appliances, window treatments, sod, fencing, and gate.The central location adds to the appeal, with grocery stores, local eateries, scenic walking areas, and lake access all nearby. The property is also close to the new South Tahoe Aquatics Center, offering swimming, basketball, pickleball, an indoor track, a gym, and even batting cages. This convenient setting truly offers something for everyone.

Listed by Jill Moffett — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143496
Days on Market 4
Sold Date 1800-01-01
Price/Sq Ft $400

Property History

Sep 16, 2026
Listed for sale
$795,000
Property Overview
Beds 4
Sq. Ft. 1,986
Lot Size 0.14 acres
Year Built 1959
Property Type Duplex
Subdivision Lakeview Pines
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027363009000
Parking
Total Parking 4
Exterior & Lot
Construction Wood Frame, Masonry
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Fireplace
Cooling None
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$40K – $80K typically ~$60,000
~$5,000 per month
Avg Nightly
$331
Occupancy
50%
Cap Rate
3.0%

STR Investment Summary — 3357 Treehaven Drive, 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
$40K – $80K
typically ~$60,000
Avg Nightly Rate
$331
Projected Occupancy
49.6%
Cap Rate
3.0%
Structural Score: 60 / 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
4,091 sq ft covered of 1,803 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,012 sq ft
Allowed Coverage
1,803 sq ft · 30%
Existing Coverage
4,091 sq ft · 68%
Addable Coverage
0 sq ft
Existing Units
2

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% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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