$428,000
1339 Meadow Crest Drive
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
4 Beds
·
1.0 Baths
·
1,080 Sq Ft
·
8712 Lot

About This Property

Step back in time to 1957 for this rustic Tahoe cabin which has been in the family for over 60 years. With some vision this fixer-upper could be brought back to being a classic chalet style cabin. Walk down the street to Black Bart Ave. and gorgeous meadow, Trout Creek and awesome bike trail across the meadow and creek. Located in-town, and close to Heavenly Ski Resort, the lake, beaches, golfing, as well as restaurants, schools, shopping & casinos, this location lends itself for either a second home or primary residence. With this large lot, there should be the possibility of adding on to the existing cabin or even adding an ADU.The living room has an open wood burning fireplace and access to the covered front porch and side door to the wood uncovered deck and large yard. The kitchen had some updates back in the late 1990's, as well as the bath. On this main living level are also 2 bedrooms, the 1 bath and utility area, then upstairs are 2 good sized bedrooms. It is with much sadness for the family to sell this much used second home but now a wonderful opportunity for another family to make it their own.

Listed by Madeleine Gutierrez — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 142000
Days on Market 233
Sold Date 1800-01-01
Price/Sq Ft $396

Property History

Jul 24, 2025
Listed for sale
$428,000
Property Overview
Beds 4
Baths 1.0
Sq. Ft. 1,080
Lot Size 0.20 acres
Year Built 1957
Property Type Single Family Residence
Style Chalet
Subdivision Meadow Heights
APN 025341014520
Parking
Parking Features RV Access/Parking
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Masonry, Post & Pier
Utilities & Systems
Heating Wall or Space Heater, Wood, Fireplace
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($85,600)
Home price
$428,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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