About This Property
Fully Furnished and Turnkey Ready! Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted home offers a rare blend of modern mountain luxury, turnkey ease, smart-home amenities, and vacation rental potential within South Lake Tahoe city limits standing apart from surrounding older inventory that often requires costly updates and ongoing maintenance. Clean architectural lines, high-end finishes, vaulted ceilings, and a mountain contemporary aesthetic create a light-filled atmosphere throughout, while living areas on both levels offer effortless versatility for entertaining or hosting guests. Beautifully furnished throughout with curated Pottery Barn pieces and luxury linens, this home is offered move-in ready with furnishings negotiable for a seamless transition. Rental-ready and ideally positioned, it presents an opportunity as either a sophisticated second home or a high-demand vacation rental with income potential. The fully fenced backyard offers privacy and room to unwind, while the vacant lot directly behind enhances the sense of seclusion. A Generac generator provides dependable backup power throughout Tahoe's winter season. The attached 2-car garage accommodates large SUVs with ease. Surrounded by Tahoe's year-round natural beauty, the property offers easy access to world-class skiing, hiking, and lake recreation. Located in the highly sought-after neighborhood known as "The Y," the home is just minutes from Heavenly Mountain Resort and close to boutique fitness studios, craft breweries, artisan coffee, and everyday essentials. Spend your days at nearby Kiva Beach, then return to a location tucked away from casino-corridor traffic while remaining a short ride from Stateline and Heavenly Village. A rare offering that combines elevated design, turnkey ease, and Tahoe investment appeal.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1251 Margaret Avenue, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings