Sold $880,000 $929,000 Closed
593 Tahoe Island Drive
South Lake Tahoe, CA 96150

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SOLD 2026-10-16
Sold for $880,000 (listed at $929,000)
3 Beds
·
2.0 Baths
·
1,450 Sq Ft

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It sold for $880,000 on 2026-10-16, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Nestled near the end of Tahoe Island backing National Forest and the gentle waters of the Tahoe Keys Lagoon you will find a well loved and cared for 3bd 2ba single story home. This sought after location offers peace, quiet and the convenience of all that South Shore has to offer out your back door. Built in 1965 but with re styling in keeping with the current trends, features include, open floor plan that captures the incredible view from the moment you step inside. Kitchen with new stainless appliances and granite counters merge with the dining area and full wall glass sliders leading to an entertainers dream deck. Peace and tranquility surround as you make friends with the neighbors strolling through the forest path and becoming one with our wildlife. The comfortable and cozy living room warms you with a gas fireplace, granite surround and oak mantle. The 2 skylights offer plentiful natural light. Primary bedroom with bath features double sinks and jetted tub with new flooring and tile. The other two bedrooms are spacious with one featuring pine ceiling and a built in book case as your 3rd bedroom or home office. Sold with quality furnishings that perfectly blend with the home.Whether full time, or 2nd home you will fall in love the minute you view your slice of heaven!!

Listed by Claudette Olsen — Coldwell Banker Select - LTB

Listing Details

Status Closed
MLS # 143368
Sold Date 2026-10-16
Sold Price $880,000
Price/Sq Ft $641

Property History

Aug 21, 2026
Listed for sale
$949,000
Sep 14, 2026
Price reduced
$929,000 $949,000 ↓ $20,000
Sep 16, 2026
Pending
$929,000
Oct 16, 2026
Sold
$880,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2001 · county record $255,000 Deed record — brokerage sides not reported
Oct 2026 · this listing $880,000 (+245%) Claudette OlsenColdwell Banker Select - LTB Jessica A WoodsSierra Sotheby's International Realty

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,450
Lot Size 0.17 acres
Year Built 1965
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Island Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023541009000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Adjacent to Forest, Backs to Lagoon
View Lagoon, Forest
Construction Wood Frame, Wood Siding
Roof Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas

STR Investment Summary — 593 Tahoe Island Drive, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 63 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,524 sq ft covered of 75 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,541 sq ft
Allowed Coverage
75 sq ft · 1%
Existing Coverage
2,524 sq ft · 33%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
7
Existing Units
1

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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,400 – $3,900/yr
about $304/mo
Est. Rebuild Cost (Coverage A)
$609,000
FAIR Plan (fire)
$2,800/yr
DIC wrap (theft, water, liability)
$600 – $1,100/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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Murat Gocmen
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