About This Property
516 Emerald Bay Road, Unit 233Discover contemporary elegance in this beautifully remodeled 2-bedroom, 1-bathroom condo at St. Francis of the Woods Condominiums in South Lake Tahoe. Every inch has been thoughtfully updated with fresh flooring, a modern kitchen, and a sleek bathroom, offering move-in ready comfort. Ideally positioned on Emerald Bay Road, this home places you steps away from pristine sandy beaches and the sparkling waters of Lake Tahoe. Surrounded by towering pines and lush forest, you'll enjoy the perfect blend of lakeside living and mountain tranquility. Whether you're swimming, kayaking, or simply soaking in the natural beauty, outdoor recreation is at your doorstep. The updated interior meets the serene forest settinga rare find in today's market. Wake up to forest views, spend your days exploring nearby trails and beaches, and return to your refreshed, modern home. This is your opportunity to own a piece of Tahoe paradise with all the comforts of a contemporary renovation. St. Francis of the Woods offers the ideal location for those seeking both natural beauty and updated living spaces. Don't miss this exceptional opportunity to make South Lake Tahoe your home.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 2022 · county record | $320,000 | 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 — 516 Emerald Bay Road #233, 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
