$449,000 Closed
1171 Herbert Avenue #D
South Lake Tahoe, CA 96150
SOLD 2026-09-03
Sold for $403,000 (listed at $449,000)
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

About This Property

Seller financing available, making this centrally located Bavarian Village condo an even more attractive opportunity. Set in the middle of South Lake Tahoe, this upstairs outside-corner unit offers added privacy with only one shared party wall, a low-maintenance stucco exterior, and convenient access to just about everything in town. Whole Foods 365, transit, restaurants, Bijou Golf Course, and other daily amenities are all nearby, with the lake approximately 1 mile away. Located within the city limits, the property offers short-term vacation rental potential, subject to permitting and regulations. The covered entry patio provides a small outdoor area to enjoy Tahoe's fresh air, while the unit looks out towards greenbelt behind the building. Inside, the condo features dual-pane vinyl windows, forced-air natural gas heating, and an open living area with durable laminate flooring, built-in surround sound speakers, and a brick hearth electric fireplace. The tiled dining area opens to a spacious kitchen with an elevated bar top for additional seating, slab granite counters, Alder cabinetry, and stainless appliances. The floor plan includes 3 generous bedrooms, including a primary suite with a view toward the open area behind the complex. Both bathrooms are finished with tiled floors and slab counters, with one tub/shower and one stall shower. Offered tastefully furnished with decor and artwork included, this turnkey condo is ready for the next owner to enjoy immediately. Bavarian Village offers a well-maintained HOA setting with natural landscaping, ample parking, an outdoor pool, hot tub, on-site maintenance, exterior maintenance, and insurance included in the HOA dues.

Listed by Mark Salmon — Compass

Listing Details

Status Closed
MLS # 143066
Sold Date 2026-09-03
Sold Price $403,000
Price/Sq Ft $387

Property History

Jun 16, 2026
Listed for sale
$449,000
Jul 20, 2026
Pending
$449,000
Jul 30, 2026
Relisted
$449,000
Aug 09, 2026
Pending
$449,000
Sep 04, 2026
Sold
$403,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2024 · county record $380,000 Deed record — brokerage sides not reported
Sep 2026 · this listing $403,000 (+6%) Mark SalmonCompass Kili O RahbeckKOR Realty, Inc.

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. 1,161
Lot Size 0.03 acres
Year Built 1964
Property Type Condominium
Style Contemporary
Subdivision El Rancho Estates
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025702037000
Exterior & Lot
Exterior Features Spa/Hot Tub
View Forest
Construction Wood Frame, Stucco
Roof Flat
Foundation Slab
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $750 / Monthly
HOA & Community
Community Amenities Pool, Hot Tub, Additional Parking

STR Investment Summary — 1171 Herbert Avenue #D, 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.
Est. Gross Annual Revenue
$30K – $55K
typically ~$40,000
Avg Nightly Rate
$209
Projected Occupancy
52.4%
Cap Rate
3.5%
Structural Score: 51 / 100 (Standard) · STR Zone: Red

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

Over coverage limit
1,150 sq ft covered of 350 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,168 sq ft
Allowed Coverage
350 sq ft · 30%
Existing Coverage
1,150 sq ft · 98%
Addable Coverage
0 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 ↗
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