About This Property
Welcome to your own slice of South Lake Tahoe. Tucked away in the desirable St. Francis complex, this rare end-unit condo offers both privacy and an exceptional connection to the surrounding natural beauty. Lovingly cared for as a primary residence, this unit has never been used as a vacation rental, although short term rentals are allowed by the HOA.Just steps from the forest, you'll enjoy immediate access to miles of scenic hiking and biking trails, with Pope Beach and Fallen Leaf Lake just a short stroll or quick drive away. Head down Emerald Bay Road to explore some of Tahoe's most iconic destinations, including pristine beaches, renowned trailheads, historic landmarks, and the amenities of Camp Richardson.Inside, the thoughtfully remodeled kitchen and bathroom bring a fresh, modern feel, while the unique custom living room window exclusive to this end unit fills the space with abundant natural light throughout the day, creating a warm and inviting atmosphere. Newer laminate flooring was installed and the older popcorn ceiling was removed.Residents enjoy access to the complex's seasonal pool and hot tub, as well as two courtyard BBQ areas perfect for relaxing and entertaining during the warmer months. A convenient carport located directly below the unit provides protection from snow and the elements year-round.Whether you're looking for a peaceful Tahoe retreat or a turnkey getaway close to it all, this special property offers comfort, convenience, and a rare opportunity in a coveted location.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jan 2024 | $250,000 | Kimberly ArredondoPyramid Peak Properties | Michelle M KeckBerkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 516 Emerald Bay Road #421, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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