$820,000
3720 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
·
3.0 Baths
·
1,888 Sq Ft
·
10454 Lot

About This Property

Tucked into the Lakeview Terrace neighborhood, this classic Tahoe-style home sits on a corner lot that strikes a key- the privacy of your own Sierra retreat with towering pines and mountain air that make this area so special.The home's design is genuinely one-of-a-kind, and the location is hard to beat: Heavenly's California Lodge is less than a mile away, the lake is just 1.5 miles down the road, and the energy of Stateline is within 2 miles. Whether you're here for a powder day, a summer afternoon on the water, or everything in between, this is a home you can actually live in year-round.*Flooring and staging have been altered in some images, see QR code for originals.*Be sure not to miss the attached and updated ADU- perfect for rental-income, extra guests, or somewhere comfortable to stay while you bring your vision to life in the main house.The adjacent vacant lot at 3740 Terrace Dr (MLS #141163) is also available: a rare opportunity to expand your footprint, lock in your views, and keep that deep-woods Tahoe feel intact for years to come.

Listed by Allyson Woods — eXp Realty of California

Listing Details

Status Active
MLS # 142644
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $434

Property History

Mar 26, 2026
Listed for sale
$820,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,888
Lot Size 0.24 acres
Year Built 1964
Property Type Single Family Residence
Subdivision Lakeview Terrace
APN 028052008000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains,Lake,Filtered,Ski Resort
Construction Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space,Slab
Utilities & Systems
Heating Forced Air,Wall or Space Heater
Cooling Forced Air,Wall or Space Heater
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% ($164,000)
Home price
$820,000
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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