About This Property
Few South Lake Tahoe properties offer this remarkable combination of sunshine, space, recreation, and future potential. Set on more than one-half acre with a rare street-to-street location this mountain retreat is highlighted by an extraordinary workshop with approximately 1,000 SF of space along with the home's attached 2 car garage is a rare opportunity in today's Tahoe market.Located on the sunny side of the street in highly desirable Christmas Valley, this inviting home captures everything homeowners love about Tahoe living. Surrounded by mountain pines and calming views, the property enjoys abundant sunshine, exceptional privacy, and immediate access to one of the region's most spectacular outdoor playgrounds.Located at the gateway to Echo Summit and Luther Pass, adventure begins just outside your front door. A short walk leads to the Upper Truckee River where one can enjoy fly fishing, hiking or cooling off in its crystal-clear waters. Mountain biking enthusiasts will appreciate being minutes from legendary rides including Christmas Valley Trail, Mr. Toad's Wild Ride, and miles of scenic hiking. During the winter months, nearby cross-country skiing, snowshoeing, and convenient access to both Heavenly Mountain Resort and Kirkwood Mountain Resort make this an exceptional year-round destination.Inside, the home welcomes you with warm mountain character and thoughtful design. Rich hardwood flooring extends through the entry, kitchen, dining area, and custom office, while a floor-to-ceiling river rock hearth with a freestanding wood-burning stove creates an unforgettable centerpiece and the perfect place to gather after a day outdoors.The flexible floor plan offers three comfortable bedrooms plus a beautifully designed office featuring custom built-in cabinetry and desk. Easily converted into a fourth bedroom, the office provides valuable flexibility for guests, growing families, or those working remotely. Step outside onto expansive decks, where morning coffee and evening sunsets are enjoyed against a backdrop of beautiful mountain scenery.AND WOW! An impressive approximately 1,000-square-foot workshop opens the door to possibilities rarely found in the Tahoe Basin. Whether you're a craftsman, artist, collector, woodworker, automotive enthusiast, or simply need exceptional storage, this remarkable space is ready to accommodate your vision. To help illustrate its versatility, photos of the workshop have been virtually reimagined as a beautiful Tahoe-inspired carriage house, showcasing one possible future use. (Buyers are encouraged to verify ADU potential and permitted uses with the appropriate agencies.) Along with this amazing shop is a 2 car garage attached to the home. Whether your dream is a guest retreat, creative studio, home office, recreation room, fitness space, or simply one of the finest workshops in the Sierra, this extraordinary property provides the flex
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 3655 Memory Lane, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings