$1,350,000 Closed
1040 Cellador Road
South Lake Tahoe, CA 96150
SOLD 2026-05-16
Sold for $1,300,000 (listed at $1,350,000)
4 Beds
·
3.0 Baths
·
2,444 Sq Ft

About This Property

Brand new in Pinewood Terrace, just beneath Heavenly and minutes from Heavenly Village, the Gondola and casino corridor, this one strikes a rare balance of access and privacy. Set near the end of a quiet cul de sac and backing to a vacant USFS lot, the setting feels more tucked away than you would expect this close to the action, with added afternoon light from the rear.From the street, the design stands out with a crisp modern mountain profile, contrasting fiber cement siding, black Andersen windows, warm wood soffits and a paving stone driveway. Inside, the split level entry opens to a dramatic two story foyer and an upstairs great room with vaulted ceilings, wide plank luxury vinyl flooring, expansive glass and a floor to ceiling stone fireplace. A massive redwood deck extends off the living area and looks out over the forested backdrop.The kitchen keeps pace with a large waterfall island, slab quartz, full height herringbone backsplash, custom cabinetry, brushed gold hardware and fixtures, stainless appliances and a walk in pantry. Upstairs, the primary suite offers generous space, a striking bath with soaking tub, separate shower, dual vanity and a large walk in closet.Downstairs, a second living area with wet bar adds flexibility for a game room, media room or overflow space, along with 2 additional bedrooms, another full bath and access to the 2 car garage. High efficiency systems include a modern furnace and tankless hot water.For buyers with one eye on income potential, the timing here matters as the City's updated VHR program rolls out. The same builder also has another newly completed home next door, creating a rare chance for friends, family or investors to secure adjacent properties near Heavenly.

Listed by Mark Salmon — Compass

Listing Details

Status Closed
MLS # 142674
Sold Date 2026-05-16
Sold Price $1,300,000
Price/Sq Ft $552

Property History

Apr 03, 2026
Listed for sale
$1,350,000
Current
Sold
$1,350,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,444
Lot Size 0.12 acres
Year Built 2026
Property Type Single Family Residence
Style Split Level
Subdivision Pinewood Terrace
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029381020000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest
View Forest
Construction Wood Frame, Masonry, Wood Siding
Roof Pitched, Asphalt, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas

STR Investment Summary — 1040 Cellador Road, South Lake Tahoe

Est. Annual Revenue
$58,162
Avg Nightly Rate
$603
Projected Occupancy
26.9%
Cap Rate
1.7%
Structural Score: 80 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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