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About This Property
New price, A new opportunity to live the Tahoe Lifestyle! With rising interest rates, the seller has thoughtfully adjusted the price of this well-maintained home to help make Tahoe ownership more attainable for its next owner!Surrounded by mature pines in Tahoe Paradise, this idyllic Tahoe home offers a quiet setting with privacy and a direct connection to the outdoors. Located near a dead-end street, the 10,000 sq. ft. lot backs partially to a Tahoe Conservancy lot and features trail access from the rear of the property, with a path leading toward the heart of Meyers. In the winter, enjoy the sloped backyard as a sledding paradise!The home offers a functional layout with an open kitchen and living area, a spacious main level bedroom with room for a California king or two queen beds, plus a designated laundry room. Two additional bedrooms upstairs feature high windows that bring in natural light. There is a full bath on each floor. Two lower decks, one off the living room and another off the downstairs bedroom, extend the living space outdoors and provide multiple places to enjoy the surrounding trees. The finished two-car garage, newer furnace and water heater, and overall condition add to the home's appeal. Clean, well maintained, and ready to enjoy! Ideally located just minutes from Meyers amenities, two renowned Tahoe golf courses, Tahoe Paradise Park, and Lake Baron. Enjoy easy access to Pope Beach and the crystal-clear waters of South Lake Tahoe, only 8 miles away. For winter recreation, this property is perfectly positioned between South Shore's premier ski destinations, including Heavenly, Sierra-at-Tahoe, and Kirkwood.
Listing Details
Property History
STR Investment Analysis
Red ZoneSTR Investment Summary — 1531 Cree Street, 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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
