About This Property
An Icon at Altitude - Gunbarrel Lodge - - A true titan among Tahoe's most exclusive estates, this iconic alpine retreat sprawls across 15 private acres directly adjacent to Heavenly Ski Resort. As the only ski-in/ski-out residence on the California side of the mountain, its position is unmatched---and so are the panoramic lake and mountain views that stretch endlessly from every vantage point. - - A winding, gated approach leads to a striking porte-cochere and a six-car garage, topped by a four-bedroom guest residence complete with gourmet kitchen, expansive great room, covered outdoor dining, and a rooftop lounge with hot tub, fireplace, and unfiltered vistas of the basin. The compound itself delivers nearly 17,000 square feet of refined mountain living across two structures, offering 17 bedrooms and 18 baths, each appointed with sophisticated comfort and style. - - Inside, rustic grandeur meets modern craftsmanship. Soaring ceilings of reclaimed timber, circular-sawn hardwood floors with radiant heat, and hand-laid stonework create a richly textured ambiance throughout. The great room stuns with a glass wall that perfectly frames the lake, flooding the space with light and alpine energy. - - Culinary ambitions are met with a professional-grade kitchen featuring a 60-inch range, dual islands with natural-edge quartzite, a fully equipped butler's pantry, and generous custom cabinetry. Outdoor living is equally prioritized---multiple expansive decks offer built-in grills, fire features, and lounge areas that invite unforgettable gatherings under open skies. - - Entertainment options span from a fully-loaded game lounge with multiple TVs, billiards, shuffleboard, and poker tables, to a tiered home theater and a 500-square-foot indoor pool suite, complete with steam room, sauna, and fireplace. - - This rare legacy compound includes 12 fireplaces, air conditioning, forced-air heat, backup generator, three laundry areas, and comes turnkey furnished. With a proven rental track record and a pedigree that includes appearances on global television, it offers not only an extraordinary place to live---but a brand of its own.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Aug 2019 · county record | $12,100,000 | Deed record — brokerage sides not reported | |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1639 Sherman Way, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings