About This Property
Welcome to 769 Michael Drive, a well-cared-for ranch-style home that has been lovingly maintained as a primary residence for 20 years. This inviting property features 3 bedrooms and 2 bathrooms, offering a comfortable, single-level layout suited for full-time living, weekend getaways, or a Tahoe retreat.A spacious two-car garage provides plenty of room for vehicles, outdoor gear, and additional storage. One of the home's most desirable features is its setting with no rear neighbors, creating added privacy and a more peaceful backyard atmosphere.Located just minutes from the shores of Lake Tahoe and a short drive from Heavenly Mountain Resort and Heavenly Village, this home puts year-round recreation, shopping, dining, and entertainment within easy reach. Its location in the neighborhood also provides eligibility to purchase a boat dock in the Tahoe Keys Marina, subject to availability. With its long-term pride of ownership, practical ranch-style design, private rear setting, and close proximity to the very best of Tahoe amenities, 769 Michal Drive is ready for its next chapter.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 1996 · county record | $130,000 | 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 — 769 Michael Drive, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
