About This Property
Welcome to your mountain sanctuary at Kings IV. Tucked away on a peaceful stretch of Spruce Avenue, this charming top floor condo offers the perfect balance of seclusion and effortless access to everything that makes South Lake Tahoe a year-round destination. Whether you're chasing fresh powder in the winter or heading to the lake in the summer, you're perfectly positioned to enjoy the best of the Sierra.Unit #21 is part of an intimate community composed of just four buildings, each housing six residences. The layout creates a sense of privacy and ease that's hard to find. One of the standout features here is the incredibly inclusive HOA; at $629 per month, it covers your watersourced from an onsite welland your gas, taking the guesswork out of monthly utility budgeting. Also included is snow removal, exterior maintenance, exterior insurance and a large pool.The complex is designed for practical, low-maintenance living, featuring onsite laundry facilities and a large, high-capacity hot water heater dedicated to each block of units. And for added conviencence there is a washer and dryer in the unit. When the summer sun hits the valley, you can spend your afternoons lounging by the seasonal pool, centrally located for easy access.This is an ideal opportunity for anyone looking for a turnkey Tahoe base that prioritizes convenience and value. Come see how easy mountain living can be.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Nov 1998 · county record | $50,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 3616 Spruce Avenue #21, South Lake Tahoe
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.
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
