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It sold for $1,300,000 on 2026-05-16, 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
Brand new in Pinewood Terrace, just beneath Heavenly and minutes from Heavenly Village, the Gondola and casino corridor, this one strikes a rare balance of access and privacy. Set near the end of a quiet cul de sac and backing to a vacant USFS lot, the setting feels more tucked away than you would expect this close to the action, with added afternoon light from the rear.From the street, the design stands out with a crisp modern mountain profile, contrasting fiber cement siding, black Andersen windows, warm wood soffits and a paving stone driveway. Inside, the split level entry opens to a dramatic two story foyer and an upstairs great room with vaulted ceilings, wide plank luxury vinyl flooring, expansive glass and a floor to ceiling stone fireplace. A massive redwood deck extends off the living area and looks out over the forested backdrop.The kitchen keeps pace with a large waterfall island, slab quartz, full height herringbone backsplash, custom cabinetry, brushed gold hardware and fixtures, stainless appliances and a walk in pantry. Upstairs, the primary suite offers generous space, a striking bath with soaking tub, separate shower, dual vanity and a large walk in closet.Downstairs, a second living area with wet bar adds flexibility for a game room, media room or overflow space, along with 2 additional bedrooms, another full bath and access to the 2 car garage. High efficiency systems include a modern furnace and tankless hot water.For buyers with one eye on income potential, the timing here matters as the City's updated VHR program rolls out. The same builder also has another newly completed home next door, creating a rare chance for friends, family or investors to secure adjacent properties near Heavenly.
Listing Details
Property History
STR Investment Summary — 1040 Cellador Road, 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 comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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