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About This Home

This 4-bedroom, 2-bathroom single family at 3297 Marlette Circle in South Lake Tahoe, CA is listed for $699,000 ($352 per sqft). Built in 1961, the home offers 1,988 sqft of living space on a 0.11 acres lot.

Agent Description

VHRs are back in South Lake Tahoe, with the city's amended ordinance taking effect April 23, 2026. Buyers should review the new rules closely, but the window to get ahead of that rollout may not stay open for long.Priced aggressively and ready for improvement, this centrally located South Lake Tahoe fixer offers real square footage, a flat sunny lo

t, and multiple paths to add value.Close to the lake, Bijou Golf Course, restaurants, shopping, and the city's new Multigenerational Recreation & Aquatics Center, set to open this month, the property also backs to open ball fields near the Boys and Girls Club, giving it a more open feel than most in-town homes.

The extra-deep driveway offers plenty of parking and potential room for a future garage.The house is barely connected and lives more like two distinct spaces, each with its own entrance. For a buyer considering hosted rental potential while living in one portion of the home, that setup is worth a serious look, subject to buyer verification.

Add a wet bar or kitchenette, add a garage, and the flexibility becomes even more compelling.A brick fireplace, breakfast nook, separate dining area, large laundry space, bonus family room, four bedrooms, two full baths, fenced backyard, and storage shed round out a property with real upside. Not turnkey, but priced accordingly.

Key Features

  • Built in 1961
  • 0.11 acre lot
  • Fireplace

Property Details

2 full
1961

Amenities

FireplaceViewRV Parking

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

3297 Marlette Circle

South Lake Tahoe, CA 96150

Features & Amenities

Interior Features

High Speed InternetOpen Beam

Exterior Features

Storage ShedBear-Proof Trash Can

Property Details

Flooring

Vinyl

Construction

Wood Frame Wood Siding

Views

Forest

Pool Features

PorchDeck

Parking

RV

Heating

Space HeaterNatural GasForced Air

Questions & Answers

This 4-bedroom, 2-bathroom single family at 3297 Marlette Circle is listed at $699,000 ($352/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Key features include: Built in 1961, 0.11 acre lot, Fireplace. Interior Features: High Speed Internet, Open Beam. Exterior Features: Storage Shed, Bear-Proof Trash Can.

This property is listed by Mark Salmon and can be reached at (310) 230-5478 or kathy@compass.com.

MS

Mark Salmon

Agent at Compass

(310) 230-5478

Listed by Compass

MLS# 142673· Source: listhub· Updated 8 days ago

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3297 Marlette Circle, South Lake Tahoe, CA 96150

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