Sold $745,000 $735,000 Closed
1006 Tahoe Island Drive
South Lake Tahoe, CA 96150

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SOLD 2026-07-01
Sold for $745,000 (listed at $735,000)
3 Beds
·
2.0 Baths
·
1,368 Sq Ft

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It sold for $745,000 on 2026-07-01, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Welcome to 1006 Tahoe Island Drive! This beautifully remodeled 3-bedroom, 2-bath gambrel-style home in South Lake Tahoe is blending classic mountain character with a clean mid-century modern touch. Tucked near the end of a cul-de-sac in a prime central location, this home offers easy access to everything South Lake Tahoe has to offer! Walking distance to Lake Tahoe Boulevard, local breweries, and the lake, just 1 mile from Tahoe Keys Marina, and only a short drive to Heavenly Village, Heavenly Ski Resort, Stateline Casinos, dining, shopping, beaches, and trails.Inside, the home features a bright and open floor plan with soaring vaulted open-beam ceilings, tall glass windows, French-style doors, and an abundance of natural light throughout. The main living area combines the kitchen and living room, centered around an original retro wood-burning fireplace that adds warmth, character, and true Tahoe charm.The fully remodeled kitchen includes new cabinetry, quartz countertops, a farmhouse sink, new dishwasher, oven, stove, and a large island with a built-in electric cooktop perfect for entertaining after a day at the lake or on the slopes. Recent upgrades include luxury waterproof vinyl flooring, natural stone tile, all-new appliances, central heating with a new Nest thermostat, and thoughtful modern finishes throughout.The downstairs level includes a full bathroom, coat closet, and direct access to the attached 2-car tandem garage with a washer and dryer. Upstairs, you'll find all three bedrooms, including a primary bedroom with its own full bathroom.Outside, enjoy multiple outdoor spaces including a welcoming front porch, a side deck off the living room, and a back deck overlooking the fully fenced backyard. The spacious yard features a hot tub, large storage shed, and plenty of room to relax whether you're enjoying summer nights in the hammock beneath the trees and stars or hosting friends after a Tahoe adventure.With its stylish remodel, classic mountain architecture, central South Lake Tahoe location, and inviting indoor-outdoor living spaces, this move-in-ready Tahoe retreat is the perfect full-time residence, vacation home, or mountain getaway. Don't pass up on this one!

Listed by Daniel Gillin — Coldwell Banker Envision

Listing Details

Status Closed
MLS # 142928
Sold Date 2026-07-01
Sold Price $745,000
Price/Sq Ft $537

Property History

May 18, 2026
Listed for sale
$735,000
Current
Sold
$745,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2025 $575,000 Brent JohnsonChase International - South Lake Tahoe Danny GillinBerkshire Hathaway
Jul 2026 · this listing $745,000 (+30%) Daniel GillinColdwell Banker Envision N/aN/a

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,368
Lot Size 0.14 acres
Year Built 1976
Property Type Single Family Residence
Style Gambrel
Subdivision Tahoe Island Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023684010000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Storage Shed
Lot Features Cul-De-Sac
Construction Other/See Remarks
Roof Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air,Natural Gas,Wood,Fireplace
Cooling Forced Air,Natural Gas,Wood,Fireplace
Financial
HOA / Community South Tahoe Association of Realtors

STR Investment Summary — 1006 Tahoe Island Drive, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 73 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
917 sq ft covered of 1,799 sq ft allowed
882 sq ft of coverage still available to add.
Parcel Size
5,997 sq ft
Allowed Coverage
1,799 sq ft · 30%
Existing Coverage
917 sq ft · 15%
Addable Coverage
882 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,200 – $3,800/yr
about $292/mo
Est. Rebuild Cost (Coverage A)
$574,560
FAIR Plan (fire)
$2,700/yr
DIC wrap (theft, water, liability)
$500 – $1,100/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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