About This Property
Welcome to this beautifully renovated duplex in the heart of Christmas Valley, where modern upgrades meet classic mountain charm in a quiet, scenic setting. With over $200,000 invested, this property has been thoughtfully taken down to the studs, completed with asbestos clearance, and rebuilt to offer comfort, efficiency, and style in every detail.Each unit features a functional and spacious layout with two bedrooms and a full bathroom upstairs, along with a convenient half bathroom and separate laundry room downstairs. Both units enjoy their own carport and separate private fenced yardsperfect for relaxing, entertaining, or enjoying the peaceful Tahoe setting. A large shared balcony, approximately 400 square feet, provides additional outdoor space to take in the surrounding mountain air.Interior upgrades include recessed lighting throughout, tankless water heaters, and premium Napoleon wood-burning fireplaces with blowers, creating a warm and inviting atmosphere year-round.Unit A showcases granite stone flooring in the kitchen, alder-finished cabinetry, a scraped-look wood laminate living area, and plush carpeting upstairs for added comfort. This unit has been occupied by a long-term tenant who has taken great care of the property.Unit B offers a high-end contemporary finish, including alder cabinets with granite countertops, a gas range, and stainless steel appliances. Improvements include a new fence (2025), luxurious plush carpeting, and smart home features such as Nest Protects and a Nest thermostat. Enjoy the added comfort of heated tile flooring downstairs with a WiFi thermostat, and a separately controlled heated upstairs tile floor in the bath. The Unit B side also includes two storage sheds, adding valuable extra space.Whether you're looking for an investment opportunity, a multi-generational retreat, or a primary residence with rental potential, this turnkey duplex delivers exceptional versatility in one of South Lake Tahoe's most desirable neighborhoods, with a close drive to Sierra-at-Tahoe Resort.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 2282 Blitzen Road, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. 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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.
Verify on Tahoe Info ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings