Sold $345,000 $385,000 Closed
3610 Spruce Avenue #4
South Lake Tahoe, CA 96150

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SOLD 2026-07-02
Sold for $345,000 (listed at $385,000)
3 Beds
·
2.0 Baths
·
1,176 Sq Ft

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It sold for $345,000 on 2026-07-02, 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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Our data on this home

About This Property

Back on the Market Check out the new Price!! Great central location for this well priced 3bd 2ba 1176 sq ft single story bottom floor condo located off Ski Run. Suitable for all family members, friends or investment. One of the few 3bd condos in this area, features open wood burning fireplace decent size living room and laundry hook ups in the kitchen. This condo is a blank slate for your creativity. The kitchen flooring is newer as well as the guest bathroom. Carpet throughout is in good condition. All interior doors are updated raised panel.There is an onsite water well which is part of your HOA. Also, one of the very few condo complexes that incorporates gas in your HOA all for $757 per month. The Kings IV Condo complex consists of 6 units per building with a total of 4 buildings. The seasonal pool is located in the middle for all residents to use. Tucked away on a quiet street with access to all South Tahoe has to offer for every season!! Home inspection report on file.

Listed by Claudette Olsen — Coldwell Banker Select - LTB

Listing Details

Status Closed
MLS # 142435
Sold Date 2026-07-02
Sold Price $345,000
Price/Sq Ft $327

Property History

Jan 16, 2026
Listed for sale
$409,000
Current
Sold
$345,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,176
Lot Size 0.03 acres
Year Built 1965
Property Type Condominium
Style Other/See Remarks
Subdivision Kings 04 Subd
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027411005000
Exterior & Lot
Exterior Features Other/See Remarks
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Baseboard
Financial
HOA Fee $757 / Monthly
HOA & Community
Community Amenities Pool

STR Investment Summary — 3610 Spruce Avenue #4, South Lake Tahoe

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$177
Projected Occupancy
54.2%
Cap Rate
3.7%
Structural Score: 42 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

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

$1,900 – $2,200/yr
about $171/mo
Est. Rebuild Cost (Coverage A)
$352,800
FAIR Plan (fire)
$1,600/yr
DIC wrap (theft, water, liability)
$300 – $600/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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