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It sold for $600,000 on 2025-12-19, 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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About This Property
Walk to the lake, meadow and be right on the South Lake Tahoe Bike Path in this highly desirable neighborhood called Highland Woods. This spacious 2 story home has an attached Accessory Dwelling Unit or Mother-In-Law Unit with it's own separate front porch and entry. The main 2,238 SF home was built in 1977 and is a 3 bedroom 2 bath and the attached 456 SF ADU was also built in 1977 with 1 bedroom and full bath allowing for a total of 4 bedrooms 3 full baths. The main home has an open living area to the dining and kitchen.The living room was updated years ago with laminate flooring and has a freestanding wood burning fireplace. Also on this main living level is one bedroom , full bath and laundry room. The laundry room has a door to access the rear wood deck, fully fenced backyard with storage shed and to also allow access to the attached 2 car garage. Upstairs is a huge bedroom with door to the upper deck, another bedroom and full bath. Walk around to the rear of the house and you will find the front covered deck to the ADU. The ADU has open beam wood ceilings, wood laminate floors and an open wood burning fireplace in the living room, small kitchen cabinet area with sink, and full bath. Upstairs is a very spacious loft bedroom with lots of closet space.This property has so much potential. Updates are needed to the windows, kitchen, baths, flooring, siding, interior and exterior paint, but with this wonderful location, this home could be a lovely primary or second home again.
Listing Details
Property History
STR Investment Summary — 2948 Pinewood 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 costs
