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About This Property
Welcome to this updated mountain-style home in desirable Highland Woods, ideally located across from the meadow with a peek-a-boo view of Lake Tahoe. The sellers created a fun and inviting home designed for entertaining, with three bedrooms, two baths, and three separate living areas that offer plenty of room to gather, relax, or accommodate additional sleeping space. A full English bar and lounge adds a one-of-a-kind gathering space, while inviting indoor and outdoor spaces make entertaining easy. ~ Recent updates include the addition of a garage plus approximately 430 square feet of living space, full bar and lounge with hardwood flooring, LVP flooring in the kitchen and family room, stainless steel appliances, solid wood doors, vinyl dual-pane windows, furnace, roof, and fiber cement siding. ~ Do you love the extra open space and view out back? You can also buy the vacant lot behind the property(2903 Lakewood Circle); the sellers are offering the home buyers first right to buy the land.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2013 · county record | $141,364 | 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 — 2902 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
