About This Property
Located in the highly desirable Montgomery Estates neighborhood, this spacious five-bedroom home offers a peaceful forest setting on a quiet cul-de-sac with Conservancy land next door and across the street. Surrounded by towering pines and close to miles of hiking and biking trails, Heavenly Ski Resort, and Lake Tahoe's beaches, this property combines privacy, convenience, and classic mountain charm.The flexible floor plan features open beam pine ceilings throughout and a comfortable living area with a freestanding gas fireplace, engineered hardwood flooring, and large glass French doors that bring in natural light and forest views. The kitchen opens to the dining and living areas and includes newer brushed stainless steel appliances. The main level also offers a bedroom, an updated full bathroom, and a spacious laundry area.Upstairs are four additional bedrooms and a second updated full bathroom, including one oversized room currently used as a secondary family room or flex space. An oversized two-car garage provides plenty of storage, while an additional 528 square foot storage area and unfinished basement below create exciting potential for future expansion, whether as a game room, guest suite, studio, or additional living area.Recent improvements include a newer 50-year composition roof installed in 2024. The property has also operated as a successful permitted hosted vacation rental, offering flexibility for either a primary residence, second home, or investment opportunity. With its sunny wooded setting, versatile layout, and desirable Montgomery Estates location, this is a rare opportunity to own a true Tahoe mountain retreat.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2022 · county record | $685,000 | 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 — 1221 Goldpan Court, 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
