Sold $315,000 $325,000 Closed
1223 Bonanza Avenue #11
South Lake Tahoe, CA 96150

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SOLD 2026-03-17
Sold for $315,000 (listed at $325,000)
2 Beds
·
1.0 Baths
·
841 Sq Ft
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It sold for $315,000 on 2026-03-17, 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

Fantastic, affordable starter or vacation home great for ski season, summer season, or year-round enjoyment for nature lovers. Located only 6 miles from Heavenly Ski Resort and about 13 miles from Sierra-at-Tahoe Ski Resort. Ideally located in town, within walking distance of many restaurants, retail shops, grocery stores, a climbing gym, and other attractions! Enjoy beautiful Tahoe beaches only 2 miles away, and Bonanza Park; hiking and biking trails are nearby!Well-maintained and updated condo provides modern amenities and cleanliness. The open-concept floor plan includes a spacious living room and a European-style kitchen with a quartz countertop and stainless steel appliances. Laminate flooring and recessed lights throughout the condo. Updated bathroom with marble tiles, vanity, and fixtures. Double-pane windows, mirrored closet doors in bedrooms, stylish light fixtures, freshly painted, and a European-style washer-dryer combo, among other features, make this home desirable.Single-level living for added convenience. Very well-maintained complex with low HOA dues, which include snow removal, insurance, a security system, exterior maintenance, water, and trash removal. Most recent renovations in the complex include a new roof, new siding, and a new on-site laundry facility. The perfect landing pad for your Tahoe adventures! A must-see!

Listed by Irina Sikela — Advanced Real Estate Services

Listing Details

Status Closed
MLS # 142485
Sold Date 2026-03-17
Sold Price $315,000
Price/Sq Ft $386

Property History

Jan 29, 2026
Listed for sale
$325,000
Current
Sold
$315,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 841
Lot Size 0.02 acres
Year Built 1965
Property Type Condominium
Subdivision Corte D Azur
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032371011000
Exterior & Lot
Construction Stucco
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $319 / Monthly
HOA & Community
Community Amenities Security, Other/See Remarks

STR Investment Summary — 1223 Bonanza Avenue #11, 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.
Structural Score: 50 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,400 – $1,700/yr
about $129/mo
Est. Rebuild Cost (Coverage A)
$252,300
FAIR Plan (fire)
$1,200/yr
DIC wrap (theft, water, liability)
$200 – $500/yr

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
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