Sold $550,000 $499,000 Closed
3529 Ferndale Avenue
South Lake Tahoe, CA 96150

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SOLD 2026-09-02
Sold for $550,000 (listed at $499,000)
3 Beds
·
2.0 Baths
·
1,450 Sq Ft

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About This Property

Bring Your Vision and Your Toolbox to One of South Lake Tahoe's Most Promising Value Opportunities. Located in the popular Bijou neighborhood, this property offers the rare combination of an outstanding location, a functional single-level floor plan, and exceptional potential for future equity growth. Just minutes from the shores of Lake Tahoe, Heavenly Mountain Resort, Van Sickle Bi-State Park, shopping, dining, and year-round recreation, this home presents an exciting opportunity to create something truly special.Situated on a sunny 7,405-square-foot lot, this single-level home of approximately 1,450 square feet features three bedrooms, two full bathrooms, and a versatile floor plan ready for your personal vision. Natural sunlight fills the home throughout the day, creating a bright and welcoming atmosphere.Just off the entry, a spacious bonus room offers exceptional flexibility as a family room, media room, home office, recreation room, or hobby space. The laundry area is conveniently located within this wing of the home, creating a functional separation from the main living areas.The kitchen is filled with natural light from an overhead skylight and is equipped with a Viking range, abundant cabinetry, and generous workspace for meal preparation and entertaining. The adjoining living room is centered around a classic open wood-burning fireplace, creating the perfect gathering place after a day exploring Lake Tahoe. The primary suite features an ensuite bath complete with built-in drawer storage for added convenience and organization.A portion of the attached two-car garage has been converted into a dining nook, creating additional living space. Buyers are encouraged to satisfy themselves regarding permits, square footage, and the intended use of the converted area.A newer roof provides added peace of mind, while much of the interior is ready for updating. Original finishes, including older carpet in the living room, older backyard deck, bath remodel and deferred maintenance present an outstanding opportunity to renovate according to your own style while building immediate equity in a quiet neighborhood. Tastefully prepared virtual renderings are available to help buyers envision the remarkable potential this home offers following thoughtful renovations.This is a probate sale and is being sold As Is. With comparable updated homes in the area commanding significantly higher prices, this property represents an exceptional opportunity to create equity through thoughtful improvements. Whether you're searching for a primary residence, a mountain retreat, or an investment opportunity, this home offers the chance to transform a solid property into something truly exceptional.

Listed by Donald Souers — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Closed
MLS # 143117
Sold Date 2026-09-02
Sold Price $550,000
Price/Sq Ft $344

Property History

Jun 27, 2026
Listed for sale
$499,000
Sep 02, 2026
Sold
$550,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,450
Lot Size 0.17 acres
Year Built 1963
Property Type Single Family Residence
Style Ranch
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027355014000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas

STR Investment Summary — 3529 Ferndale Avenue, 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.
Structural Score: 63 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,821 sq ft covered of 2,252 sq ft allowed
431 sq ft of coverage still available to add.
Parcel Size
7,505 sq ft
Allowed Coverage
2,252 sq ft · 30%
Existing Coverage
1,821 sq ft · 24%
Addable Coverage
431 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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,400 – $3,900/yr
about $304/mo
Est. Rebuild Cost (Coverage A)
$609,000
FAIR Plan (fire)
$2,800/yr
DIC wrap (theft, water, liability)
$600 – $1,100/yr

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
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