About This Property
Walk to Lake Tahoe! Prime location, exceptional potential, and an opportunity to create your own Tahoe retreat. This 3-bedroom, 2-bath home is ideally situated in the heart of town, just a short walk to the lake and close to popular coffee shops, restaurants, shopping, and year-round recreation. With plenty of opportunity for sweat equity, this property is ready for the next generation of ownership and offers a chance to transform a well-located home into something special. The fully fenced backyard provides a private outdoor space for relaxing, entertaining, or enjoying the Tahoe lifestyle. Plenty of full-time neighbors and a convenient central location, this home offers more than just a great address. Whether you're looking for your first home, a vacation retreat, or a property to personalize and build equity, this is an opportunity worth exploring. Just minutes from world-class skiing, Lake Tahoe beaches, dining, and shopping, this Tahoe gem has the location buyers dream about!
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 1994 · county record | $86,500 | 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 — 803 Modesto Avenue, 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