$1,199,000
926 Tanglewood 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
·
2.5 Baths
·
2,708 Sq Ft
·
6534 Lot

About This Property

Crafted by an owner-builder with uncompromising quality, this refined Highland Woods residence blends timeless Tahoe charm with modern luxury. The vaulted great room features tile floors, built-in speakers, and a striking floor-to-ceiling river rock fireplace. A chef's granite kitchen offers a gas Viking range, Kohler cook center, a new double wall oven, stainless steel appliances, abundant storage, and a spacious breakfast bar.Entertain in style with a formal dining room featuring a custom built-in hutch and temperature-controlled wine storage for up to 200 bottles. The private primary suite provides a spa-like retreat with a Jacuzzi tub, tile flooring, and custom tile work. A downstairs family / bonus room and office is a useful addition to the home.Premium upgrades include radiant floor heating with four zones (2019), a new boiler, central vacuum, wood-wrapped Pella windows, hardwired surveillance, fully fenced yard and extensive storage including a hidden room with built-in safe and a Tuff Shed. Set near the meadow and bike path, this beautifully updated home offers elevated Tahoe living in a desirable in-town location.

Listed by Jean Merkelbach — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 142361
Days on Market 100
Price/Sq Ft $443

Property History

Dec 01, 2025
Listed for sale
$1,199,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,708
Lot Size 0.15 acres
Year Built 2001
Property Type Single Family Residence
Style Split Level
Subdivision Highland Woods (Res) 1
APN 031313013000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
View Forest
Roof Pitched, Composition, Shingle
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Hot Water System, Fireplace, Radiant Heat-Floor
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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% ($239,800)
Home price
$1,199,000
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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