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It sold for $1,165,000 on 2026-07-07, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.
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About This Property
Own Your Tahoe Escape While Generating Rental IncomeExceptional opportunity to own a charming 5-unit multifamily property in a highly desirable South Lake Tahoe neighborhood. This unique property offers the ideal blend of income potential and personal enjoyment. Rent four units while keeping the beautifully remodeled fifth unit as your own Tahoe retreat.Designed with a welcoming courtyard feel, the property is perfectly situated adjacent to the South Lake Tahoe bike path and just 1.5 miles from Camp Richardson and Pope Beach, offering easy access to beaches, biking, and year-round recreation.All units feature alder kitchen cabinetry and granite countertops, creating a warm mountain-modern aesthetic throughout. The recently remodeled owner's unit was thoughtfully redesigned down to the studs and showcases completely new finishes, including alder cabinets, blue quartz countertops, tile backsplash, new appliances, and a fully renovated bathroom. This cozy and stylish unit is ideal for owner occupancy, a seasonal getaway, or continued rental income.Additional highlights include: Separate gas and electrical meters for each unit Communal laundry room for tenant convenience New on-demand water heaters on the east wing of the property; including a dedicated unit for the laundry room Excellent flexibility for investors, owner-users, or multi-generational living Whether you're looking for cash flow, a second home, or both, this versatile Tahoe property offers exceptional financial and lifestyle opportunities in one of the area's most sought-after locations.
Listing Details
Property History
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
