About This Property
Turnkey Tahoe living at its finest. This fully renovated 2-bedroom, 1-bath condo in the sought-after Y community puts you at the heart of everything South Lake Tahoe has to offer just 6 miles from Heavenly Ski Resort and 2 miles from the stunning shores of Lake Tahoe.Every inch of this single-level unit has been thoughtfully updated. The open-concept kitchen impresses with white shaker cabinets, black quartz countertops, a designer tile backsplash, and brand-new stainless steel appliances. New luxury vinyl plank flooring flows throughout, complemented by fresh dual-pane windows, recessed lighting, and newly textured and painted walls and ceilings. The remodeled bathroom features floor-to-ceiling tile in the shower/tub surround and a granite vanity countertop. Both bedrooms are spacious and bright with mirrored closet doors, new ceiling fans, and blackout privacy shades.The HOA covers water, snow removal, exterior maintenance, roof repairs, refuse, on-site laundry, a security system, and an HO-6 insurance policy including fire hazard coverage plus unlimited hot water. Additional parking available.Steps from restaurants, shops, a climbing gym, and grocery stores. Whether you're seeking a full-time residence, weekend retreat, or investment property, this is your perfect Tahoe base camp.Furnishings included!
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2012 · county record | $255,000 | Deed record — brokerage sides not reported | |
| Feb 2024 | $330,000 (+29%) | Jennifer HarrisoneXp Realty of California | Kimberly MooreeXp Realty of California |
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 — 1223 Bonanza Avenue #8, 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