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It sold for $570,000 on 2025-12-05, 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
This centrally located triplex offers a unique combination of affordability, convenience, and income potential in the heart of South Lake Tahoe. Situated just minutes from the lake, Heavenly Ski Resort, and the excitement of the Stateline casinos, the property is perfectly positioned for both daily living and steady rental demand. Each of the three units is comfortable and practical, allowing an owner to live in one while renting out the others, or hold all three as a reliable investment. The central location puts everything Tahoe is known forworld-class skiing, outdoor recreation, dining, and entertainmentright at your doorstep, creating an attractive option for tenants and owners alike. Rarely does an opportunity come along that blends lifestyle and investment so seamlessly, making this triplex a smart and versatile addition to any portfolio.
Listing Details
Property History
STR Investment Summary — 1014 Shepherds Drive, South Lake Tahoe
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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
