Sold $730,000 $749,900 Closed
776 Patricia Lane
South Lake Tahoe, CA 96150

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SOLD 2025-11-13
Sold for $730,000 (listed at $749,900)
3 Beds
·
2.0 Baths
·
1,503 Sq Ft
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It sold for $730,000 on 2025-11-13, 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

NEW PRICE! Remodeled and move in ready! 3BR/2BA + loft - Tahoe getaway in fantastic, established Tahoe Island neighborhood near award-winning schools with bike trails to the beaches and an easy stroll to town for dinner, live music, and shopping. The inside has an updated kitchen w/ bay window butcher block counters & stainless appliances. The home has newer hardwood floors and plush carpet, bright living room skylight, custom doors and trim and a romantic primary retreat with fireplace, french doors to the new redwood deck, a barn-door & walk-in closet. The ensuite room also features a cozy flexible loft area with custom iron banisters for reading/TV/work or relaxation. The spa-style primary bath features a custom tiled shower, exquisite handcrafted double vanity, custom wood built-ins, heated towel rack, and bidet. Outside: This is a nice-sized fenced yard with storage shed, custom double door gate and hot-tub-ready electrical, plus a garage with built-in cabinetry for all your extra storage needs. Comfort and efficiency upgrades include a tankless water heater, newer dual pane windows, 2022 roof and insulation, and two fireplace inserts. Equally suited as a full time family residence or vacation home in a prime Lake Tahoe location just outside the Tahoe Keys.South Lake Tahoe is the place for year-round adventure. From skiing and snowboarding at Heavenly and Sierra at Tahoe to hiking and biking trails, lakefront beaches, boating, and kayaking. There's always something to do outdoors here, just step outside your front door! Must see list of features and upgrades!

Listed by Emily Valdez — eXp Realty of California

Listing Details

Status Closed
MLS # 142187
Sold Date 2025-11-13
Sold Price $730,000
Price/Sq Ft $499

Property History

Sep 16, 2025
Listed for sale
$799,000
Current
Sold
$730,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,503
Lot Size 0.17 acres
Year Built 1965
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Island Park 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023562018000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame
Roof Composition
Utilities & Systems
Heating Natural Gas, Wall or Space Heater

STR Investment Summary — 776 Patricia Lane, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 67 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,572 sq ft covered of 2,252 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,506 sq ft
Allowed Coverage
2,252 sq ft · 30%
Existing Coverage
2,572 sq ft · 34%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
7
Existing Units
1

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 compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,500 – $4,100/yr
about $317/mo
Est. Rebuild Cost (Coverage A)
$631,260
FAIR Plan (fire)
$2,900/yr
DIC wrap (theft, water, liability)
$600 – $1,200/yr

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
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