About This Property
1091, 1095, and 1101 Modoc Way - Yes, you read that right, not one, not two, but three incredible parcels!A truly rare offering in South Lake Tahoe, this expansive multi-parcel estate is designed for those who appreciate space, flexibility, and future potential. Whether you're envisioning a legacy compound, investment opportunity, or a unique blend of both, this property presents possibilities that are hard to find in today's market.Set in the heart of Meyers, this unique property unfolds as a private compound, offering 4 bedrooms, 3 bathrooms, and the opportunity for separate living quarters on the lower level ideal for multi-generational living, guest accommodations, or creative income potential. Storage is endless, including a storage room in the basement level, two storage sheds and large workshop with overhead door and upgraded electrical. And there's more! Additional storage in the oversized two-car garage, complete with workshop space, storage, and a private office, reflects a property built not just for living, but for lifestyle.Outdoors, the estate reveals its true scale. Sun-drenched and south-facing, the grounds feature expansive lawns, mature trees, curated garden spaces, and a tranquil water feature with pond. Entertain effortlessly between the front elevated deck and the rear BBQ area just off the kitchen, or simply enjoy the sense of space, peace, and privacy that is increasingly rare in Tahoe.What truly sets this offering apart is the opportunity to acquire the adjacent third parcel further expanding the estate with another large workshop, power, water, and additional coverage for future development. This is a legacy property in the making one that invites vision, expansion, and long-term investment.Gated, fenced, and thoughtfully improved with features like a generator, vinyl siding for ease of maintenance, and ample parking, the property balances practicality with possibility.Perfectly positioned in the heart of Meyers, enjoy easy access to Tahoe Paradise Park, the Truckee River, Lake Baron, and world-class recreation including hiking, biking, and premier ski resorts, this location offers both convenience and connection to the outdoors.For those who can visualize the incredible potential and the rarity of what is being offered, this is more than a home, it is an opportunity to create something lasting!
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| May 1997 · county record | $157,000 | 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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 1101 Modoc Way, 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
