Sold $687,500 $695,000 Closed
869 Placer Avenue
South Lake Tahoe, CA 96150

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.

SOLD 2025-10-24
Sold for $687,500 (listed at $695,000)
3 Beds
·
2.0 Baths
·
1,472 Sq Ft

Own this home or one nearby?

What's this home worth today?

It sold for $687,500 on 2025-10-24, 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.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Tucked away at the end of a peaceful cul-de-sac, this updated single story 3 bedroom, 2 bathroom home blends mountain contemporary style with everyday comfort. The open concept living area features a cozy fireplace and built-in bookshelf, while custom interior and exterior doors add a distinctive touch throughout.A spacious kitchen and dining area flow seamlessly to the outdoors and onto a deck that is perfect for peaceful mornings, star gazing, and entertaining. A large yard offers room to relax, entertain, and store your Tahoe gear in two handy storage sheds. The spacious 2 car garage provides convenience year round.Located in the Al Tahoe neighborhood, you'll enjoy easy access to the lake, meadow, shops, restaurants, skiing, and biking trails, everything the Tahoe lifestyle has to offer is simply a walk or short bike ride away.Whether you're seeking a full-time residence, a mountain getaway, or an investment this property delivers style, location, and comfort in one beautiful package. This property would be an excellent STR. Well maintained and ready to be enjoyed, this is your opportunity to begin Tahoe living!

Listed by Kadmiel Alfeld — RE/MAX Gold - SLT

Listing Details

Status Closed
MLS # 142032
Sold Date 2025-10-24
Sold Price $687,500
Price/Sq Ft $472

Property History

Aug 23, 2025
Listed for sale
$710,000
Current
Sold
$687,500

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2023 $675,000 Brent JohnsonChase International - South Lake Tahoe Kadi AlfeldRE/MAX Gold - SLT
Oct 2025 · this listing $687,500 (+2%) Kadmiel AlfeldRE/MAX Gold - SLT Richard HuselConcierge Home Services

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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,472
Lot Size 0.14 acres
Year Built 1966
Property Type Single Family Residence
Style Ranch
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026144012000
Parking
Garage Spaces 2
Parking Features RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Cul-De-Sac
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas, Hot Water System, Baseboard

STR Investment Summary — 869 Placer Avenue, 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: 64 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,809 sq ft covered of 1,804 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,014 sq ft
Allowed Coverage
1,804 sq ft · 30%
Existing Coverage
1,809 sq ft · 30%
Addable Coverage
0 sq ft
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)
$618,240
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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message