$1,085,000 Closed
841 Merced Avenue #1-3
South Lake Tahoe, CA 96150
SOLD 2026-02-05
Sold for $984,000 (listed at $1,085,000)
5 Beds
·
2,152 Sq Ft
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About This Property

Rare Lake Tahoe Investment Opportunity Chalet Cabin + Duplex on One Lot.Superb location just 1 block from Lake Tahoe and Regan Beach.Live the Tahoe lifestyle while generating income! This exceptional property features a beautifully remodeled 3-bedroom chalet-style cabinplus a separate duplex with two 1-bedroom units all on a single lot.✨ Property Highlights: Charming 3-Bedroom CabinRecently remodeled with stunning knotty pine ceilings, luxury vinyl plank flooring, and high-end finishes throughouto Taj Mahal Quartzite countertopso Kohler Whitehaven farmhouse sink with touchless fauceto Premium stainless steel applianceso Tankless hot water heater for energy efficiency DuplexTwo 1-bedroom units ideal for long- or short-term rental incomeo Shared laundry roomo EV charging station and storage shed included🏡 Location Perfection:Enjoy the best of South Lake Tahoe just steps from your door! Walkable to Lake Tahoe (1 block), popular restaurants, live music venues, and shops Adjacent to the brand-new Recreation Center featuring a pool, ice rink, library, senior center, and community clubs Close to the bike path for outdoor adventures year-round🎿 Outdoor Access: Just 3.2 miles to Heavenly Ski Resort Less than 40 miles to 9 world-class ski resorts Under 60 miles to Reno/Tahoe International AirportUse the front cabin as your private mountain retreat while renting out the two back units to offset your mortgage for a high-yield vacation & rental compound.A unique blend of luxury, location, and lifestyle don't miss this rare multi-unit gem in the heart of Tahoe!📞 Schedule your private tour today!Please check out the YouTube video and 360 Virtual Tour using the links or QR Codes

Listed by Larry Sabo — RE/MAX Gold - SLT

Listing Details

Status Closed
MLS # 142038
Sold Date 2026-02-05
Sold Price $984,000
Price/Sq Ft $504

Property History

Aug 01, 2025
Listed for sale
$1,175,000
Current
Sold
$984,000
Property Overview
Beds 5
Sq. Ft. 2,152
Lot Size 0.12 acres
Year Built 1964
Property Type Triplex
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026035009000
Parking
Total Parking 7
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
Cooling Other/See Remarks
Financial
Seller's Annual Tax $13,512

STR Investment Summary — 841 Merced Avenue #1-3, 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: 45 / 100 (Standard) · STR Zone: Red
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