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It sold for $263,000 on 2026-07-10, 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
Back on the market due to no fault of the seller. Here's is your lowest price 2 bedroom in South Lake Tahoe! Combined with the lowest HOA dues in town, equals affordable Lake Tahoe living. Possible Short Term Rental Opportunity! Fantastic affordable starter home or investment ski condo only 6 miles to Heavenly Ski Resort and ideally located in town within walking distance to many restaurants, retail shops, grocery stores and a climbing gym. This 2 bedroom/1 bath unit has recently been upgraded with Mohawk Laminate flooring throughout, newly painted and is conveniently located on the ground floor. No worries about slippery steps in the winter! And the kids will love the Bonanza Neighborhood Park located just next to the complex with basketball hoops, an awesome play structure and lots of room to run around. HOA dues include exterior building fire insurance, snow removal, parking, exterior maintenance, on-site laundry, mail boxes and unlimited hot water. Buyers encouraged to do their due diligence on the new STR rules and availability of permits. Home is being sold with furnishings included.
Listing Details
Property History
STR Investment Summary — 1223 Bonanza Avenue #7, South Lake Tahoe
Home 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
