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About This Property
Welcome to Christmas Valley, one of South Lake Tahoe's most beloved neighborhoods, where the spirit of the holidays lives year-round along charming streets such as Santa Claus Drive, St. Nick Way, Reindeer Way, Elf Lane, and Snowflake Drive.This beautifully remodeled single-story home offers 3 bedrooms, 2 bathrooms, and a 2-car garage, showcasing thoughtful design, exceptional craftsmanship, and pride of ownership throughout. Rich solid hardwood flooring, custom white oak cabinetry, and quality finishes create a warm and inviting mountain retreat.The spacious Great Room features vaulted ceilings and a TRPA-approved wood stove set on a stunning natural stone hearth, creating the perfect gathering space after a day of adventure. Sunlight fills the dining area, where views of Echo Summit and blooming lilacs provide a picturesque backdrop throughout the seasons.The beautifully updated kitchen is equipped with stainless steel appliances, a gas cooktop with griddle, and an efficient Zephyr stainless steel range hood. Custom built-ins enhance each bedroom, while both bathrooms have been tastefully remodeled with marble countertops and custom tile flooring. The primary bath features heated floors, and the hall bath offers a deep soaking tub perfect for relaxing after skiing, hiking, or mountain biking.Outside, the naturally landscaped backyard is fully fenced and includes a side gate for easy access to recreational vehicles and outdoor gear. A storage shed is included, and the private deck off the primary suite is already wired for a future hot tub. For added peace of mind, the home also features a professionally installed bear-deterrent wiring system.Outdoor recreation begins right across the street, with miles of National Forest trails to explore. Just across Highway 89, a scenic branch of the Truckee River winds through groves of beautiful aspen trees. Within minutes, you'll find local cafs, a full-service market, two golf courses, and Tahoe Paradise Park, home to a popular summer farmers market.In less than 20 minutes, enjoy all that Lake Tahoe has to offerfrom beaches and boating to world-class skiing at Heavenly, entertainment and dining at Stateline, and events at the Lake Tahoe Event Center. Additional ski resorts, including Kirkwood and Sierra-at-Tahoe, are also within easy reach.Whether you're searching for a full-time residence, your first home, or the perfect Tahoe getaway, this exceptional Christmas Valley property offers the mountain lifestyle you've been dreaming of.P.S. Bear Electric Wire is ON. See Agent Remarks.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Nov 1995 · county record | $152,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Red ZoneSTR Investment Summary — 2744 Santa Claus Drive, South Lake Tahoe
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
