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It sold for $197,000 on 2026-05-20, 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
Huge price reduction. Lowest price home in South Lake Tahoe!Originally part of the manager's home, this cabin has been separated into its own cozy residence, ideal as a full-time home, summer/ski home, weekend getaway, or investment property. It offers the benefits of being part of the St. Francis of the Woods HOA and its CC&Rs, granting access to all the community amenities such as the grounds, pool, spa, and maintenance services. However, it provides more privacy than a typical condo, offering a unique blend of communal perks with a more secluded living experience.Unwind on the inviting front porch (permitted addition) or take a walk in the forest.Inside, you'll find numerous upgrades, including newer dual-pane windows and blinds, ceiling fans in both the living room and bedroom, new laminate flooring in the bathroom, refinished tile and tub, plus a new toilet. Efficient wall heater (installed ~5 years ago and is owned and maintained by the HOA).Located directly across from the bike path and just minutes from beautiful beaches, popular coffee shops, shopping, and dining. This hidden gem combines comfort, convenience, and character in one of the area's most desirable settings.
Listing Details
Property History
STR Investment Summary — 516 Emerald Bay Road #49, South Lake Tahoe
Home 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