$1,749,000 Closed
1938 Marconi Way
South Lake Tahoe, CA 96150
SOLD 2026-06-22
Sold for $1,600,000 (listed at $1,749,000)
4 Beds
·
3.0 Baths
·
2,750 Sq Ft

About This Property

Perfectly positioned in prestigious Tahoe Keys a waterfront community. Boasting exclusive amenities indoor and outdoor pool, pickleball and tennis courts, lush parks and a private beach. This inviting four-bedroom three bath home, thoughtfully built in the 1980s offers waterfront living along the tranquil channel. Light and bright open floor plan is perfect for entertaining. Close to hiking, biking and outdoor sports.

Listed by Joseph Olson — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 142464
Sold Date 2026-06-22
Sold Price $1,600,000
Price/Sq Ft $636

Property History

Jan 23, 2026
Listed for sale
$1,749,000
Current
Sold
$1,600,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2012 · county record $588,000 Deed record — brokerage sides not reported
Jun 2026 · this listing $1,600,000 (+172%) Joseph OlsonChase International - South Lake Tahoe Brent JohnsonChase International - South Lake Tahoe

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.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,750
Lot Size 0.16 acres
Stories 2
Year Built 1988
Property Type Single Family Residence
Subdivision Bavarian Isle
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022241014000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Water Front
View Mountains,Lagoon
Construction Wood Frame
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $1,685 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Tennis,Beach,Pier

STR Investment Summary — 1938 Marconi Way, South Lake Tahoe

Est. Annual Revenue
$52,125
Avg Nightly Rate
$294
Projected Occupancy
48.4%
Cap Rate
1.2%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

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

Over coverage limit
1,659 sq ft covered of 1,002 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,849 sq ft
Allowed Coverage
1,002 sq ft · 15%
Existing Coverage
1,659 sq ft · 24%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

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