$699,000
3739 Terrace 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.
3 Beds
·
1.5 Baths
·
1,232 Sq Ft
·
12196 Lot

About This Property

Now Offered at $699,000!Tucked into a peaceful forest setting with mountain views, this thoughtfully updated 3-bedroom, 1.5-bath Tahoe cabin offers a comfortable and efficient mountain layout just minutes from skiing, hiking, biking, and all that South Lake Tahoe has to offer. It's an ideal home base for enjoying every season Tahoe brings!Large windows fill the home with natural light and frame the surrounding trees, creating a classic Tahoe cabin atmosphere paired with modern updates. Vaulted open-beam ceilings, wide-plank floors, and an open-concept main living area help the home live well within its footprint. A new roof completed in 2025 adds peace of mind. This is a smaller home with a functional layout that makes good use of its footprint and suits buyers who value efficient design over excess square footage. Two decks and a welcoming front porch extend the living space outdoors and provide space to relax, entertain, or simply enjoy the quiet forest setting.Need a little more room? Future plans have been drafted showing the potential to build out the third level, adding approximately 600 square feet of additional living space. Whether envisioned as an extra bedroom, family room, or additional bath, explore the opportunity to grow into the home over time.Offered at a newly adjusted price, 3739 Terrace Drive presents a well-cared-for Tahoe home with transparency, documentation, and realistic expectations already in place.

Listed by Mackenzie Martin — Mountain Luxury Properties

Listing Details

Status Active
MLS # 142035
Days on Market 224
Sold Date 1800-01-01
Price/Sq Ft $567

Property History

Jul 31, 2025
Listed for sale
$699,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,232
Lot Size 0.28 acres
Stories 2
Year Built 1968
Property Type Single Family Residence
Style Cabin
Subdivision Unavail
APN 028051009000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Adjacent to Forest
View Mountains,Filtered,Forest
Construction Wood Frame,Wood Siding,Log
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Other/See Remarks
Cooling Forced Air,Other/See Remarks
Financial
HOA / Community South Tahoe Association of Realtors
📊

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% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444