About This Property
Located directly across the street from the California Base Lodge at Heavenly Mountain Resort, this beautifully renovated townhouse offers one of the best locations in the entire complex with unmatched access to skiing, hiking, restaurants, and year-round recreation. Just walk across the street to the lifts and enjoy the convenience of leaving the car behind. This property also offers excellent vacation rental potential and may qualify for a short-term rental permit through the City of South Lake Tahoe while permits remain available.Positioned in a premier location within the complex, this unit features the largest deck in the development with panoramic views overlooking the ski resort and surrounding mountains. The upstairs living floor plan is filled with natural light and showcases vaulted open beam ceilings, floor-to-ceiling windows, laminate flooring, and a cozy gas fireplace. The spacious deck creates the perfect setting for apres-ski entertaining or relaxing while taking in the ski resort views.The remodeled kitchen features custom cabinetry, quartz countertops, and newer stainless steel appliances including a gas range. Both bathrooms have been tastefully updated with custom tile work, designer fixtures, and modern vanities. Downstairs are three spacious bedrooms with updated flooring, including one bedroom with its own gas fireplace and beautiful ledgestone surround.This turn-key mountain retreat is being sold tastefully furnished and decorated, making it an ideal primary residence, second home, or investment property in one of South Lake Tahoe's most desirable ski locations.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2022 · county record | $677,500 | Deed record — brokerage sides not reported | |
| Aug 2026 · this listing | $640,000 (-6%) | Brent JohnsonChase International - South Lake Tahoe | Christie L DilleCompass |
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 Summary — 3861 Saddle Road #10, 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 ↗
