About This Property
Located in the desirable Meyers area of South Lake Tahoe, this spacious 5-bedroom, 3-bath home offers 2,660 square feet of living space, a versatile three-level floor plan, and an exceptional setting adjacent to and backing US Forest Service land. Enjoy direct access to Tahoe's outdoor lifestyle with Lake Baron, the Upper Truckee River, and Tahoe Paradise Park just a short walk away, along with convenient proximity to Meyers Elementary School.The main living level features a warm and inviting family room with open-beam ceilings, LVP flooring, and a gas fireplace accented by a custom reclaimed railroad-tie mantel. The adjoining kitchen offers granite slab countertops, newer stainless steel appliances, a beautiful tile backsplash, and pantry storage. Just off the kitchen, a second living area features vaulted ceilings, abundant natural light, and a spacious dining areacreating plenty of room for gathering and entertaining. Two guest bedrooms with open-beam ceilings and an updated full bathroom complete this level.Upstairs, a spacious loft provides flexible space for a home office, sitting area, or additional sleeping accommodations. The primary bedroom features beautiful pine paneling that adds classic Tahoe character and warmth.The lower level offers excellent separation and is ideal for extended family, guests, or potential in-law quarters. This space includes two additional bedrooms, a full bathroom, a separate living area with a wood-burning fireplace, and a kitchenette area with laundry hookups.An attached 1.5-car garage provides a workbench and plenty of room for storage and Tahoe gear. Outside, the large, level, sunny lot is fully fenced and surrounded by the natural beauty of the forest. With five bedrooms, multiple living spaces, and a prime location near trails, parks, the river, and Lake Baron, this Meyers home offers an ideal combination of space, flexibility, and access to year-round Tahoe recreation.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 2014 · county record | $408,000 | Deed record — brokerage sides not reported | |
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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 1024 Modoc Way, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
