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It sold for $457,500 on 2026-03-16, 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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Our data on this home
About This Property
Located conveniently in the Y area neighborhood of South Lake Tahoe, this three-bedroom, two-bath home offers a unique opportunity for those ready to roll up their sleeves and create something special. While it's a fixer-upper in need of some TLC, it comes with a newer electrical panel (3 years old), an updated water line, and fresh vinyl flooring and carpetlaying the groundwork for your vision to take shape.This property features a spacious lot with fenced double doors, offering ample storage for outdoor gear, tools, RV, boat, or hobbies. The open floor plan can be transformed into a warm, inviting space with vaulted ceilings and large windows that provide ample natural light. The private deck and generous lot provide room for outdoor projects, entertaining, or simply enjoying the peaceful surroundings.Positioned for someone with an eye for design and a knack for turning potential into reality. Whether you're dreaming of a personal retreat, a rental investment, or your next renovation project, this property is waiting for your creative touch. Schedule your showing today and start imagining the possibilities!
Listing Details
Property History
STR Investment Summary — 1195 Bonanza Avenue, 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
