Sold $490,000 $499,000 Closed
2120 West Way
South Lake Tahoe, CA 96150

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SOLD 2025-10-17
Sold for $490,000 (listed at $499,000)
What's this home worth today? →
3 Beds
·
2.0 Baths
·
1,222 Sq Ft

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What's this home worth today?

It sold for $490,000 on 2025-10-17, 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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Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 2,061 of 1,594 sq ft used Home insurance $2,900 – $3,400/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Opportunity knocks! This 3-bedroom, 2-bathroom home sits in a prime location directly across from the meadow and just a short bike ride to Camp Richardson, the lake, and more. Featuring a brand-new roof and solid bones, this property is ready for a new owner to bring their vision and style to life. With some updates and finishing touches, you'll have instant equity and a home perfectly tailored to your taste. Whether you're looking for a full-time residence or a second home retreat, the unbeatable setting and potential of this property make it a rare find in today's market.

Listed by Ginger Nicolay-Davis — Compass

Listing Details

Status Closed
MLS # 142205
Sold Date 2025-10-17
Sold Price $490,000
Price/Sq Ft $408

Property History

Sep 19, 2025
Listed for sale
$499,000
Current
Sold
$490,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,222
Lot Size 0.12 acres
Year Built 1983
Property Type Single Family Residence
Subdivision Lukins
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023102011000
Exterior & Lot
View Meadow, Filtered
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Wood, Fireplace

STR Investment Summary — 2120 West Way, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 42 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,061 sq ft covered of 1,594 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
5,313 sq ft
Allowed Coverage
1,594 sq ft · 30%
Existing Coverage
2,061 sq ft · 39%
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. 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 compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$513,240
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/yr

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
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