About This Property
Rare opportunity to own a recently updated, charming 1-bedroom, 1-bath condo backing directly to the forest in Lake Tahoe. Enjoy unmatched privacy and outdoor access with miles of trails in your backyard. The well-maintained community includes a pool for summer relaxation, and the sandy beach is less than a mile away on a paved walk way! Whether you're looking for a vacation getaway, investment property, or full-time mountain retreat, this condo offers the best of Tahoe living. SHORT TERM RENTALS ALLOWED! Anything over 30 days doesn't need a permit from the city. Move in ready. Top corner unit, so only one neighbor to your right. Recent updates include new flooring/carpet and bathroom.Newer water heater and roof replaced about 6 years ago. All included in HOA plus more! Two parking space, one is a covered carport for all your beach toys and bikes/storage. All appliances included, including the washer/dryer. Theres also a coin ooperated laundry room on site as well. Maintence person lives on site as well if needed, just a phone call away,which is nice if youre not living in the unit full time.Seller is open to creative financing for the right buyer.Information to be verified by buyers agent.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Nov 2020 · county record | $220,000 | 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
Red ZoneSTR Investment Summary — 516 Emerald Bay Road #121, 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 comparesCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
