$1,158,000
3702 Verdon Lane
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.
5 Beds
·
3.0 Baths
·
1,840 Sq Ft
·
10890 Lot
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About This Property

STR update: The proposed ordinance revisions include removal of the 150 foot buffer and a 900 permit residential cap. Hearings are scheduled for March with anticipated implementation in late April. STR buyers should prepare for potential permit competition.Currently priced below recently appraised value! Located in a CA Opportunity Zone which offers certain tax advantages to buyers. Outstanding recently remodeled home just down the street from world class Heavenly ski resort! Located on a large, approximately 1/4 acre wooded lot a mile from Lake Tahoe and within minutes to the casinos, gaming and nightlife at the Stateline. The home features 5 bedrooms and 3 full bathrooms. All the rooms are large and feature king beds. Enjoy the large walk around deck which allows access to a huge flat and level back yard. Recent upgrades to the home feature a new roof, hard wood floors throughout, new paint and carpet and new double pane vinyl windows. The kitchen is adorned with all new appliances, quartz custom counter tops with stone backsplash, and Shaker Toupe white cabinets. The first-floor bathroom has new tile flooring, vanity and a tub/shower combo. The guest bath on the second level also includes new tile flooring, vanity and a large stall shower. Additionally on the upper level is the primary bedroom with private bathroom also with new tile flooring, vanity and large stall shower. As a bonus there is also a dry SAUNA on the second level. Across the street is a forest service lot and there is a large 2 car garage with roof top deck with the potential for a future ADU style development. This stunning home in a wonderful location offers huge rental potential and exciting Lake Tahoe Living! Located in one of the rare CA opportunity zones which could provide tax advantages to buyers. If you are looking for a Heavenly area Lake Tahoe home this one is not to be missed.

Listed by Matthew Bryant — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142404
Days on Market 88
Sold Date 1800-01-01
Price/Sq Ft $629

Property History

Dec 22, 2025
Listed for sale
$1,158,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 1,840
Lot Size 0.25 acres
Stories 2
Year Built 1975
Property Type Single Family Residence
Style Split Level
Subdivision Ski Run Acres
APN 030352008000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Electric,Baseboard
Cooling Forced Air,Natural Gas,Electric,Baseboard
Financial
HOA / Community South Tahoe Association of Realtors
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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% ($231,600)
Home price
$1,158,000
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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