$870,000 Closed
1267 Omalley Drive
South Lake Tahoe, CA 96150
SOLD 2026-05-12
Sold for $852,800 (listed at $870,000)
4 Beds
·
2.0 Baths
·
1,656 Sq Ft

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About This Property

Located just moments from the meadow and close to town, this striking home delivers a polished, modern aesthetic in a setting that feels open, private, and peaceful. Its proximity to open space and trails offers easy access to recreation while still maintaining a sense of separation and quiet. Set back from the street, the property makes an immediate impression with an expansive driveway, elevated grassy front yard, and clean architectural lines. The bold exterior creates a refined, contemporary presence, while the scale and setback provide both privacy and curb appeal. Inside, vaulted ceilings, warm wood tones, and layered textures create an elevated yet inviting atmosphere. The open concept living and dining area connects seamlessly to the spacious backyard patio ideal for entertaining or relaxing in the newly installed Hot Spring spa. The backyard wraps around to the rear of the finished two-car garage and includes a new storage shed, offering both privacy and functionality. The kitchen is sleek and efficient, designed with clean lines and smart use of space. New laminate flooring runs throughout, complemented by Hunter Douglas blinds and modern doors for a cohesive, updated feel. A standout architectural feature is the staircase, recently re-powder coated with new treads and cable railing, creating a striking focal point from the main living area. The floor plan is both flexible and thoughtfully arranged. On the main level, one bedroom offers its own private access to the backyard, positioned near a full bath that also houses the washer and dryer. Upstairs, three additional bedrooms provide comfortable separation: one with a private balcony overlooking the front yard and driveway; one generously sized and uniquely shaped with interior stairs and direct access to the re-tiled bath (which also serves the hallway); and one standard bedroom ideal for guests, office space, or additional living. Extensive upgrades include a new roof, new central HVAC system (central heat & air), new tankless water heater, new electrical panel, epoxy-finished and painted garage, newly installed Hot Spring spa, and a newer hardwood deck ready for a fresh stain in spring. Modern, cool, and extensively improved, this turnkey fully furnished home pairs strong architectural character with meaningful updates all just moments from the meadow.

Listed by Cassidy Jackson — Mountain Luxury Properties

Listing Details

Status Closed
MLS # 142775
Sold Date 2026-05-12
Sold Price $852,800
Price/Sq Ft $525

Property History

Apr 22, 2026
Listed for sale
$870,000
Current
Sold
$852,800
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,656
Lot Size 0.15 acres
Year Built 1981
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Tahoe Sierra 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031207015000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Lot Features Adjacent to Meadow
View Mountains, Meadow, Filtered, Forest
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Cooling Central Refrig. A/C
Financial
Seller's Annual Tax $5,908

STR Investment Summary — 1267 Omalley Drive, 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: 72 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,855 sq ft covered of 1,915 sq ft allowed
60 sq ft of coverage still available to add.
Parcel Size
6,385 sq ft
Allowed Coverage
1,915 sq ft · 30%
Existing Coverage
1,855 sq ft · 29%
Addable Coverage
60 sq ft
Existing Units
1

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 compares
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