About This Property
New co-ownership opportunity by Pacaso: Own one-eighth of The Redwood, a professionally managed, turnkey home. Three-level home with extensive interior and exterior updates, surrounded by mature natural landscaping. Exterior improvements include redwood and slate siding accents, IPE and slate decking, redwood railings, and a metal roof. Interior features include oak and mahogany flooring throughout. The top level features a great room with a living area, floor-to-ceiling concrete fireplace, and access to a large slate deck. The kitchen includes quartz countertops and opens to the dining area with wood ceilings and exposed rafters. The middle level includes the main entry, a family/flex room, three bedrooms, and two bathrooms. The lower level includes two en-suite bedrooms and a laundry room. Bathrooms feature porcelain and marble tilework with heated floors. One en-suite bedroom offers direct access to a deck and hot tub area. Home is being offered furnished and professionally decorated.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Feb 2021 · county record | $1,695,000 | Deed record — brokerage sides not reported | |
| Jul 2025 | $265,000 (-84%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
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 ZoneLand 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