Sold $498,000 $520,000 Closed
923 Sagewood Drive
South Lake Tahoe, CA 96150

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SOLD 2026-01-08
Sold for $498,000 (listed at $520,000)
3 Beds
·
2.0 Baths
·
1,216 Sq Ft

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It sold for $498,000 on 2026-01-08, 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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Our data on this home

About This Property

Set in the wonderful neighborhood of Highland Woods, this charming home has been updated throughout. Open beam ceilings add a charming touch and the large windows flood the space with natural light. Downstairs hosts the living area with a remodeled kitchen featuring an island and butcher block counter tops. There is also a bedroom, full bathroom and laundry on this level. Upstairs is a spacious loft, an additional bedroom and full bathroom. The location is fabulous with easy access to the bike trail, meadow and this is one of the only neighborhoods in Tahoe with underground utilities. The HOA covers snow removal, exterior maintenance and refuse. Centrally located and just minutes to world-class skiing, the shores of Lake Tahoe, the casinos and all that South Shore has to offer - let easy Tahoe living begin!

Listed by Chris Hernandez — Compass

Listing Details

Status Closed
MLS # 141944
Sold Date 2026-01-08
Sold Price $498,000
Price/Sq Ft $428

Property History

Jul 08, 2025
Listed for sale
$545,000
Current
Sold
$498,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2023 $520,000 Dustin AllenSierra Sotheby's International Realty Matthew P BryantChase International - South Lake Tahoe
Jan 2026 · this listing $498,000 (-4%) Chris HernandezCompass Jackie ArthurCompass

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. 1,216
Lot Size 0.02 acres
Year Built 1976
Property Type Single Family Residence
Style Chalet
Subdivision Highld Wds Plnd Dev
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031361010000
Exterior & Lot
Lot Features Cul-De-Sac
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,095 / Quarterly
HOA & Community
Community Amenities Additional Parking

STR Investment Summary — 923 Sagewood Drive, 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: 50 / 100 (Standard) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
678 sq ft covered of 231 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
769 sq ft
Allowed Coverage
231 sq ft · 30%
Existing Coverage
678 sq ft · 88%
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

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$510,720
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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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