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About This Property
Monument Peak rises on Saddle Road in South Lake Tahoe, a three-level mountain home with steep rooflines, vast windows and wood-beamed ceilings that give the exterior a genuine alpine presence. The property borders forest parcels on all sides, with the Heavenly Mountain tram just a two-minute walk from the front door. The living room soars to a peak beneath vaulted wood ceilings, anchored by a two-story stone fireplace and dark hardwood floors that run throughout the main level. The kitchen has a large center island, a wall chimney hood, built-in appliances and a statement chandelier above the dining area. A dedicated wine room sits just off the entry. The primary bedroom has deck access and an en suite bath with a double vanity, soaking tub and separate shower. Four additional bedrooms including a bunk room, a loft game room with a pool table and a lower level family room complete the layout across three levels. An elevator connects all floors. The back deck has a jetted hot tub on one end and a BBQ and dining space on the other, with forest views throughout. Heavenly Mountain Resort's terrain is directly accessible via the tram two minutes away, and South Lake Tahoe's lakefront beaches, hiking and biking trails are close for warmer months. Monument Peak is fully designed, furnished and managed by Pacaso. The home is maintained and prepared before every stay, so owners arrive with nothing left to arrange.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2021 · county record | $2,800,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
STR analysisLand 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. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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 comparesCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
