About This Property
New co-ownership opportunity by Pacaso: Own one-eighth of The Redwood, a professionally managed, turnkey home. Three-level home with extensive interior and exterior updates, surrounded by mature natural landscaping. Exterior improvements include redwood and slate siding accents, IPE and slate decking, redwood railings, and a metal roof. Interior features include oak and mahogany flooring throughout. The top level features a great room with a living area, floor-to-ceiling concrete fireplace, and access to a large slate deck. The kitchen includes quartz countertops and opens to the dining area with wood ceilings and exposed rafters. The middle level includes the main entry, a family/flex room, three bedrooms, and two bathrooms. The lower level includes two en-suite bedrooms and a laundry room. Bathrooms feature porcelain and marble tilework with heated floors. One en-suite bedroom offers direct access to a deck and hot tub area. Home is being offered furnished and professionally decorated.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Feb 2021 · county record | $1,695,000 | Deed record — brokerage sides not reported | |
| Jul 2025 | $265,000 (-84%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
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
Permitted ZoneLand 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