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About This Property
Large 4 bedroom 3 bath house with a 3 bedroom 2 bath ADU on over 1/2 acre of land. Interior is presently in the process of being fully remodeled with plans and permits.. Interested parties or contractors could buy now and finish the job to their vision. This used to be the Montessori school which many locals are familiar with. 5 new bathrooms are being done as well as 2 new kitchens.Building is set well back from the street and has a large circular driveway. Huge yard in the back has a large storage shed. Property is vacant and rents have been estimated by the owner.This is a great opportunity for buyer to finish the remodel.. New windows will be installed and new sheetrock, tape, texture and paint is being done. All new approved plans can be looked at and go with the property. Listed price is a finished price.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2021 · county record | $700,000 | Deed record — brokerage sides not reported | |
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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 848 Glorene Avenue, South Lake Tahoe
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 ↗ How the Basin comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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