About This Property
Major Price Improvement!!! This is your shot at a mountain retreat at a price that actually makes sense. This 5-bedroom, 2-bath home gives you 2,200 square feet and a big lot to work with a genuine blank canvas for anyone ready to put in a little TLC and build some serious equity while they're at it.The bones are good. Open beam ceilings, big windows, and a layout that already flows the living room opens into the kitchen, and there's a gas fireplace anchoring the whole space. The kitchen's got real potential: stainless appliances, concrete slab counters, custom wood cabinets, and a breakfast bar already in place. Bedrooms are split across both floors, and downstairs has a great bonus space with a vintage pool table ready for a family room, a kid zone, whatever you need it to be. There's a laundry room too, and both bathrooms have tile flooring and existing showers and counters to build on.Outside, you've got a Trex deck and balcony overlooking filtered mountain and golf course views and honestly, that view shows up from nearly every room in the house. The backyard is fully fenced with a hot tub already in place, and the paver driveway gives you plenty of room for vehicles and gear.This one's being sold as-is, with some deferred maintenance to work through, but that's exactly why the price reflects it. Walking distance to Holiday Market, minutes from three ski resorts and top-tier mountain biking the location alone is hard to find at this number. Bring your vision and your contractor; this is the kind of opportunity that doesn't sit long at this price.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2019 · county record | $515,000 | 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 — 1940 Apache Avenue, 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