$1,029,000
2367 Wasabe 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
·
2.5 Baths
·
2,752 Sq Ft
·
7405 Lot

About This Property

Nestled in the heart of Christmas Valley, you'll discover a truly breathtaking property awaiting its new inhabitants. Imagine gathering in a living room designed for grand aspirations, where the eye is drawn upwards by magnificent beamed, high, and vaulted ceilings, creating an expansive and airy atmosphere. A cozy fireplace stands ready to provide warmth and ambiance, inviting moments of quiet enjoyment or lively conversation. The kitchen, a delightful hub for culinary creativity and joyous gatherings, boasts a stylish backsplash that adds a touch of flair. With a generous kitchen bar and a truly large kitchen island, there is abundant space for preparing delectable treats or simply sharing stories over coffee. The sophisticated stone countertops complement the sleek shaker cabinets, presenting a vision of both beauty and practical design. This spiral staircase is a fan favorite from young to old! Indulge in a bathroom experience where daily routines transform into refreshing rituals, featuring a beautifully designed tiled walk in shower, offering a spacious and invigorating beginning or end to your day. Beyond the interiors, this home embraces an open floor plan that encourages effortless movement and a sense of freedom throughout the living spaces. Practicality meets comfort with a dedicated laundry room, simplifying daily tasks. Outdoor delights abound with a charming patio, a spacious deck perfect for sun-drenched afternoons, and a serene balcony offering a private retreat. A thoughtfully fenced backyard provides a secure and inviting area for outdoor enjoyment and relaxation. This home captures breathtaking mountain views from every angle! This home is conveniently just 13 minutes from South Lake Tahoe's casinos, beaches and short drive to ski resorts such as Heavenly, Sierra-at-Tahoe and Kirkwood! And don't forget the short drive to the natural hot springs! This attractive property offers a harmonious blend of refined living and delightful outdoor spaces, poised to become the backdrop for your cherished memories.

Listed by Christy Press — Wesley & Associates

Listing Details

Status Active
MLS # 142600
Days on Market 3
Sold Date 1800-01-01
Price/Sq Ft $374

Property History

Mar 13, 2026
Listed for sale
$1,029,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,752
Lot Size 0.17 acres
Year Built 2004
Property Type Single Family Residence
Style Split Level
Subdivision Christmas Valley 2
APN 035233015000
Parking
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View Mountains
Construction Wood Frame
Roof Composition, Shake
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Fireplace
Cooling Other/See Remarks
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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% ($205,800)
Home price
$1,029,000
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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