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It sold for $399,000 on 2026-08-31, 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
FIXER UPPER ON 0.27 ACRES | SOUTH LAKE TAHOE | INVESTMENT OPPORTUNITYCalling all investors!! This home is a blank slate with incredible potential.Check out this 3 bed, 2 bath in the City limits of this gorgeous mountain town. Excellent opportunity for investors, flippers, vacation home buyers, or anyone looking to create their own Mountain Retreat! Being sold as-is, this property is ready for someone with vision to transform it into a primary residence, rental property, or weekend getaway.This lot offersa storage shed andan unpermitted guest house. The area offers easy access to Lake Tahoe, endless amount of fun trails, and close proximity to Heavenly Ski Resort, restaurants and shopping. The fun never has to end any time of year.This rare double lot property is ready for someone with vision to bring it back to life.Don't miss your chance to transform this house into a home or investment that truly reflects your vision.*CASH ONLY - Proof of funds letter must accompany all offers.
Listing Details
Property History
STR Investment Summary — 980 Tahoe Island Drive, 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 costs
