$450,000 Closed
2692 Springwood Drive
South Lake Tahoe, CA 96150
SOLD 2026-08-12
Sold for $440,000 (listed at $450,000)
3 Beds
·
2.0 Baths
·
1,216 Sq Ft
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About This Property

Located in the desirable Highland Woods planned unit development, this well-maintained three-bedroom, two-bath chalet offers a low-maintenance lifestyle in a central South Lake Tahoe location close to Heavenly Mountain Resort, area beaches, dining, and shopping. Backing to a large common grassy area, the setting provides extra space and a peaceful mountain feel.The downstairs living floor plan features vaulted open beam ceilings, a cozy wood-burning fireplace, and an inviting living area filled with natural light. The main level also includes a bedroom, full bathroom, and separate laundry room for added convenience. Upstairs are two additional bedrooms with open beam ceilings along with a second full bathroom.This property has been very well maintained and features newer exterior doors, double-pane windows, and a spacious back deck that opens to the beautifully maintained common area. Whether you are looking for a full-time residence, vacation getaway, or investment property, this chalet offers a great combination of comfort, convenience, and classic Tahoe charm.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 142964
Sold Date 2026-08-12
Sold Price $440,000
Price/Sq Ft $370

Property History

May 22, 2026
Listed for sale
$450,000
Jul 10, 2026
Pending
$450,000
Aug 12, 2026
Sold
$440,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2007 · county record $360,000 Deed record — brokerage sides not reported
Aug 2026 · this listing $440,000 (+22%) Brent JohnsonChase 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,216
Lot Size 0.02 acres
Year Built 1977
Property Type Single Family Residence
Style Chalet
Subdivision Highld Wds Plnd Dev
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031351008000
Exterior & Lot
Lot Features Cul-De-Sac
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,200 / Quarterly
HOA & Community
Community Amenities Other/See Remarks

STR Investment Summary — 2692 Springwood Drive, 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.
Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$209
Projected Occupancy
52.4%
Cap Rate
3.5%
Structural Score: 49 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
778 sq ft covered of 261 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
869 sq ft
Allowed Coverage
261 sq ft · 30%
Existing Coverage
778 sq ft · 90%
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 ↗
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