About This Property
1091, 1095, and 1101 Modoc Way - Yes, you read that right, not one, not two, but three incredible parcels!A truly rare offering in South Lake Tahoe, this expansive multi-parcel estate is designed for those who appreciate space, flexibility, and future potential. Whether you're envisioning a legacy compound, investment opportunity, or a unique blend of both, this property presents possibilities that are hard to find in today's market.Set in the heart of Meyers, this unique property unfolds as a private compound, offering 4 bedrooms, 3 bathrooms, and the opportunity for separate living quarters on the lower level ideal for multi-generational living, guest accommodations, or creative income potential. Storage is endless, including a storage room in the basement level, two storage sheds and large workshop with overhead door and upgraded electrical. And there's more! Additional storage in the oversized two-car garage, complete with workshop space, storage, and a private office, reflects a property built not just for living, but for lifestyle.Outdoors, the estate reveals its true scale. Sun-drenched and south-facing, the grounds feature expansive lawns, mature trees, curated garden spaces, multiple outbuildings, and a tranquil water feature with pond. Entertain effortlessly between the front elevated deck and the rear BBQ area just off the kitchen, or simply enjoy the sense of space, peace, and privacy that is increasingly rare in Tahoe.What truly sets this offering apart is the opportunity to acquire the adjacent third parcel further expanding the estate with another large workshop, power, water, and additional coverage for future development. This is a legacy property in the making one that invites vision, expansion, and long-term investment.Gated, fenced, and thoughtfully improved with features like a generator, vinyl siding for ease of maintenance, and ample parking, the property balances practicality with possibility.Positioned moments from Tahoe Paradise Park, the Truckee River, Lake Baron, and surrounded by world-class recreation including hiking, biking, and premier ski resorts, this location offers both convenience and connection to the outdoors.For those who can see beyond the present and recognize the rarity of what is being offered this is more than a home. It is an opportunity to create something lasting!
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1101 Modoc Way, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
