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About This Property
Welcome to Springwood Drive in Highland Woods. One of South Lake Tahoe's most distinctive neighborhoods with miles of forest just beyond the backyard.Rarely do you find this combination of space, privacy, and location in the heart of town. Step out of your backyard into the forest, with trails leading toward the Truckee River, the lake, and miles of Tahoe scenery to explore. In summer, hop on your bike and connect with the area's extensive trail system, including the main bike path through town. Restaurants, shopping, beaches and Stateline entertainment are all close at hand, while winter brings easy access to Heavenly Mountain Resort.Lovingly cared for over the past 14 years, this substantial home offers more than 3,000 square feet of living space, plus approximately 455 square feet of finished, heated lower-level basement space not included in the stated living area. A termite inspection has been completed with a full clearance issued. A home inspection has also been completed.Inside, the scale of the home immediately sets it apart. Three generously sized bedrooms and three bathrooms are complemented by a chef's kitchen with butler's pantry, dedicated office, inviting reading nook and expansive living spaces designed for both everyday comfort and entertaining. Outside, a massive deck creates the perfect transition from the home to its remarkable forest backdrop.And then there's the basement. The approximately 455-square-foot finished lower level is currently used as an artist's studio, but its possibilities extend far beyond that creative space. This is a great space for a workshop, hobby room, storage, recreation area or whatever best suits the next owner. With an approximately 6'2 ceiling height down there, this space is not included in the home's reported living square footage, yet adds a significant amount of usable finished area.Additional highlights include a heated oversized garage and the kind of storage and flexibility that can be difficult to find in a Tahoe home.For buyers seeking room to spread out without giving up the convenience of being in the middle of South Lake Tahoe, Springwood Drive offers an uncommon combination: a large residence, a forest at your back door, trails and recreation all around you, and the best of Tahoe just minutes away.Termite and Home inspection completed. House is clean. Reports available upon request.
Listing Details
Property History
STR Investment Analysis
Red ZoneSTR Investment Summary — 2847 Springwood 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
