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It sold for $650,000 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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About This Property
Tucked into the Lakeview Terrace neighborhood, this unique Tahoe home sits on a sunny woodland corner lot. The home's design is genuinely one-of-a-kind, and the location is hard to beat: Heavenly's California Lodge is less than a mile away, the lake is just 1.5 miles down the road, and the energy of Stateline is within 2 miles. Whether you're here for a powder day, a summer afternoon on the water, or everything in between, this is a home you can enjoy year-round.Be sure not to miss the updated mother-in-law suite: perfect for rental-income, extra guests, or somewhere comfortable to stay while you bring your vision to life in the main house.Potential purchasers who believe they might qualify as Low-Income Purchasers are encouraged to inquire with the City of South Lake Tahoe Resale Restriction Agreement and Option to Purchase (First-Time Homebuyer Program).The adjacent vacant lot at 3740 Terrace Dr is also available: a rare opportunity to expand your footprint, lock in your views, and keep that deep-woods Tahoe feel intact for years to come.*Flooring and staging have been altered in some images, see QR code for originals.*
Listing Details
Property History
STR Investment Summary — 3720 Terrace 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
