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About This Property
Christmas Valley is one of Lake Tahoe's best-kept secrets - peacefully quiet yet surrounded by premier recreation and outdoor adventure. Fly fishing, bouldering, backcountry skiing, biking, and hiking trails are all close by, with mountain views and the Upper Truckee River just across the street.This inviting home features desirable upstairs living with vaulted ceilings, dual-pane windows, and abundant natural light. Wood flooring and a cozy wood stove add warmth and mountain character, while the open kitchen flows seamlessly into the dining and living areas - an ideal layout for both everyday living and entertaining.The main level also offers a private primary suite with generous closets and an updated bath. Downstairs are two guest bedrooms, a full bathroom, and a dedicated laundry room. Forced-air heating, a long driveway with ample parking, an oversized two-car garage, and 2018 kitchen and primary bath remodels provide comfort and convenience.Set on a large corner lot across from the Upper Truckee River, this property is equally suited to peaceful mountain living or as an adventure basecamp. A wonderful opportunity to enjoy the beauty, recreation, and relaxed pace of the Tahoe lifestyle.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 1998 · county record | $195,000 | 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 — 980 Kekin Street, 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 comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings