Own this home or one nearby?
What's this home worth today?
It sold for $1,085,000 on 2026-06-17, 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.
Looking to buy instead? See similar homes for sale nearby ↓
Get homes like this by email
When a home like this lists in South Lake Tahoe at a similar price and size, we email you the same day. No account needed.
About This Property
Located in the desirable Tahoe Island Drive area, this 4-bedroom, 2.5-bathroom home offers 2,376 square feet of living space with a two-car garage on a nicely landscaped 7,405 square foot corner lot. The property overlooks a city-owned parcel with a trail system that leads directly to Pope Beach, Camp Richardson, Fallen Leaf Lake, and miles of surrounding forest and recreation.The exterior features full cedar siding with log accents, giving the home a classic Tahoe feel. The lot is level and well maintained, and a brand new fence is currently being installed to further enhance the yard.Upstairs living features a spacious great room with vaulted knotty pine plank ceilings, Brazilian cherry hardwood flooring, and a beautiful gas fireplace finished in river rock with a split-log mantle. The kitchen is open to the living area and includes knotty pine cabinetry, granite slab counters, stainless steel appliances, and a convenient breakfast bar.The primary bedroom is also located on the upper level and features hardwood flooring, a bay window, and an en-suite bathroom with a dual sink vanity, jetted soaking tub, and a stall shower with custom tile work.Downstairs offers a second family room along with three additional guest bedrooms, providing plenty of space for family and visitors.With easy access to beaches, bike trails, Fallen Leaf Lake, and endless outdoor recreation, this home offers a great combination of Tahoe character and a highly desirable location.
Listing Details
Property History
STR Investment Summary — 693 Patricia Lane, 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