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South Lake Tahoe Real Estate Market Analysis

Current market data, pricing trends, and comparable sales for South Lake Tahoe, CA

El Dorado County / City of South Lake Tahoe, CA
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South Lake Tahoe Market Overview

South Lake Tahoe is the largest and most active real estate market in the Lake Tahoe basin. With the widest price range of any Tahoe community — from entry-level condos in the $300K range to lakefront estates exceeding $20 million — the market serves first-time buyers, investors, and luxury purchasers alike. The city's accessibility from Sacramento (2 hours via Highway 50) and the Heavenly Mountain Resort make it the most popular Tahoe destination.

The diverse neighborhood landscape including Al Tahoe, Bijou, Tahoe Keys, Meyers, and the Y area means that market conditions can vary significantly by location. Waterfront properties, homes with STR permits, and properties near Heavenly tend to command premiums. A professional CMA targeted to your specific neighborhood is critical for accurate pricing in this large market.

Price Analysis

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Active Listings in South Lake Tahoe

0 properties currently on the market

1639 Sherman Way, South Lake Tahoe
Active
$18,500,000
RES
17 Beds 17.5 Baths 16,500 Sqft $1,121/sqft
1639 Sherman Way
Compass
1091 Johnson Boulevard, South Lake Tahoe
Active
$7,588,000
RES
11 Beds 14.0 Baths 10,303 Sqft $736/sqft
1091 Johnson Boulevard
Compass
3567 Saddle Road, South Lake Tahoe
Active
$5,988,000
RES
5 Beds 4.0 Baths 5,374 Sqft $1,114/sqft
3567 Saddle Road
Compass
222 Beach Drive, South Lake Tahoe
Active
$4,950,000
RES
4 Beds 4.5 Baths 4,614 Sqft $1,073/sqft
222 Beach Drive
Chase International
710 Fallen Leaf Road, South Lake Tahoe
Active
$4,200,000
RES
4 Beds 4.0 Baths 2,858 Sqft $1,470/sqft
710 Fallen Leaf Road
Compass
276 Beach Drive, South Lake Tahoe
Active
$3,698,000
RES
5 Beds 5.5 Baths 3,624 Sqft $1,020/sqft
276 Beach Drive
Realty World Lake Tahoe
3960 Saddle Road, South Lake Tahoe
Active
$2,980,000
RES
4 Beds 5.0 Baths 3,822 Sqft $780/sqft
3960 Saddle Road
Compass
2366 Highlands Drive, South Lake Tahoe
Active
$2,490,000
RES
7 Beds 7.0 Baths 4,580 Sqft $544/sqft
2366 Highlands Drive
FAB Realty

Recent Sales in South Lake Tahoe

Last 10 closed transactions

Address Sale Price Beds Baths Sqft $/Sqft
2110 Tahoe Mountain Road $600,000 2 2.0 1,148 $523
798 Stanford Avenue $849,990 4 3.0 2,078 $409
1172 Canarsee Street $830,000 3 3.0 1,993 $416
3344 Sandy Way #18 $410,000 2 1.0 812 $505
2147 Cascade Road $2,595,000 3 3.0 2,298 $1,129
2534 Alma Avenue $540,000 2 2.0 - -
3297 W River Park Place $649,000 3 2.0 - -
1881 Hunkpapa Street $874,000 3 2.5 1,672 $523
3684 Larch Street $439,900 1 1.0 684 $643
956 Nicoleno Road $480,000 2 1.5 1,200 $400

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