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About This Property
STR update: Proposed ordinance revisions include removal of the 150 foot buffer and a 900 permit residential cap. Hearings are scheduled for March with anticipated implementation in late April. STR buyers should prepare for potential permit competition.Tucked at the very end of a quiet dead-end street beneath the California base of Heavenly, this is one of those locations that simply should not exist anymore. While surrounded by mid-town convenience, the setting feels remarkably removed, bordered by a natural greenbelt of USFS land and granite boulder outcroppings that wrap the property in forested calm. - - The parcel spans approximately 0.37 acres and offers an unusually expansive driveway with room for 8 to 10 vehicles, in addition to a two-car garage. It is a rare combination of scale, usability, and setting for this part of town. - - The home itself is exceptionally well built, anchored by substantial concrete block construction that delivers a sense of permanence and strength, softened by rustic cedar siding and classic mountain character. The architecture follows the contours of the land, pressing against granite at the sides and opening dramatically to the rear, where sweeping lake views define the experience. - - Upper-level living was designed to capture those views from nearly every room, with expansive rear decks wrapping the entire back of the home. Sightlines stretch from the southern end of Lake Tahoe across the basin to the downtown casino core, all enjoyed in near silence, with little more than wind through the trees and wildlife nearby. - - The main living area is generous and open, centered around a large fireplace and flowing naturally into a semi-formal dining space. The kitchen is equally well appointed, featuring a built-in Sub-Zero refrigerator, gas cooktop, double wall ovens, warming drawer, peninsula seating, and a breakfast nook positioned to take in the lake views. - - The upper level also includes two bedrooms, highlighted by a spacious primary suite with a well-finished bath, dual vanity, and a large walk-in shower with rain head and body sprays. - - A traditional mountain pub-style family room anchors the lower level, complete with an open fireplace framed in antique brick, a coffered ceiling and billiards at center stage. A true walk-behind bar includes a bar sink, mini dishwasher, dual under-counter beverage refers, liquor display cabinets, and an etched Lake Tahoe mirror that feels straight out of a private lodge. - - Two additional bedrooms and a full bath complete the lower level, along with a large mechanical and storage room ideal for gear. The garage includes an alcove mudroom designed for skis, boards, and wet winter days. - - This is a le
Listing Details
Property History
STR Investment Summary — 1321 Wildwood Avenue, South Lake Tahoe
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 ↗ How the Basin comparesHome 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