Heavenly Valley Homes for Sale

Ski Resort Adjacent Living Near the Heavenly Gondola

16
For Sale Now
$325K–$18.5M
Asking Prices
29
Sold, Last 12 Months
$650K
Median Sale Price

Heavenly Valley Homes for Sale Now

16 for sale: 14 homes and 2 homesites, plus 1 under contract · $325K to $18.5M

1639 Sherman Way, Heavenly Valley
Active
$18,500,000
Single Family Residence
17 Beds 17.5 Baths 16,500 Sqft
1639 Sherman Way
Compass
3567 Saddle Road, Heavenly Valley
Active
$5,988,000
Single Family Residence
5 Beds 4.0 Baths 5,374 Sqft
3567 Saddle Road
Compass
3960 Saddle Road, Heavenly Valley
Active
$2,730,000
Single Family Residence
4 Beds 5.0 Baths 3,822 Sqft
3960 Saddle Road
Compass
1641 Sherman Way, Heavenly Valley
Active
$1,950,000
Single Family Residence
3 Beds 3.0 Baths 2,488 Sqft
1641 Sherman Way
Realty World Lake Tahoe
1254 Timber Lane, Heavenly Valley
Active
$885,000
Single Family Residence
4 Beds 2.0 Baths 2,254 Sqft
1254 Timber Lane
Sierra Sotheby's International Realty
1201 Wildwood Avenue #1, Heavenly Valley
Active
$860,000
Single Family Residence
4 Beds 2.5 Baths 2,108 Sqft
1201 Wildwood Avenue #1
Coldwell Banker Select R.E.
3724 Regina Road, Heavenly Valley
Active
$860,000
Single Family Residence
2 Beds 2.0 Baths 1,320 Sqft
3724 Regina Road
Sierra Sotheby's International Realty
1167 Timber Lane, Heavenly Valley
Active
$849,000
Single Family Residence
2 Beds 2.0 Baths 2,251 Sqft
1167 Timber Lane
Chase International - South Lake Tahoe
1476 Ledge Court, Heavenly Valley
Active
$777,000
Vacant Land
1476 Ledge Court
Ascent Property Group
3326 Pine Hill Road, Heavenly Valley
Active Under Contract
$680,000
Single Family Residence
2 Beds 2.0 Baths 1,992 Sqft
3326 Pine Hill Road
eXp Realty of California
1410 Ski Run Blvd #28, Heavenly Valley
Active
$425,000
Townhouse
2 Beds 1.5 Baths 856 Sqft
1410 Ski Run Blvd #28
Compass
3790 Stewart Way, Heavenly Valley
Active
$425,000
Single Family Residence
2 Beds 1.0 Baths 412 Sqft
3790 Stewart Way
Dickson Realty
1410 Ski Run Boulevard #10, Heavenly Valley
Active
$420,000
Townhouse
2 Beds 1.5 Baths 879 Sqft
1410 Ski Run Boulevard #10
Compass
1410 Ski Run Boulevard #16, Heavenly Valley
Active
$399,000
Condominium
2 Beds 1.5 Baths 832 Sqft
1410 Ski Run Boulevard #16
Coldwell Banker Select - LTB
1410 Ski Run Boulevard #17, Heavenly Valley
Active
$375,000
Condominium
2 Beds 1.5 Baths 832 Sqft
1410 Ski Run Boulevard #17
Real Estate Tahoe
1390 Ski Run Boulevard #12, Heavenly Valley
Active
$360,000
Condominium
2 Beds 2.0 Baths 800 Sqft
1390 Ski Run Boulevard #12
Redfin Corporation
0 Ski Run Boulevard, Heavenly Valley
Active
$325,000
Vacant Land
0 Ski Run Boulevard
Chase International - South Lake Tahoe

Looking wider? See every South Lake Tahoe home for sale.

Heavenly Valley puts California Lodge minutes from your front door, South Lake Tahoe's ski-side address where cabin culture, mountain homes, and year-round rental demand combine.

Heavenly Valley Real Estate in South Lake Tahoe

Heavenly Valley occupies the mountainside residential zone of South Lake Tahoe in El Dorado County, California, climbing above Ski Run Boulevard toward Heavenly Mountain Resort's California base area. The neighborhood sits between the city's flat lakeside residential core and the mountain itself, elevated above the lake level, embedded in the pine forest that defines South Lake Tahoe's SLT mountain-side character, and physically positioned closer to the ski lifts than any other California-side South Lake Tahoe address.

The residential streets here follow the mountain terrain rather than a flat grid, lots slope, views open through the tree canopy at higher elevations, and the overall character is unmistakably mountain rather than lakeside. Buyers who choose Heavenly Valley are making a deliberate decision to prioritize ski access over lake proximity, and the neighborhood consistently delivers on that priority in a way that no flat South Lake Tahoe address can replicate, regardless of how close it sits to the casino gondola base.

The Heavenly Valley South Lake Tahoe Market

Price Ranges and Property Types of Heavenly Valley, CA Homes

Heavenly Valley homes trade between $800K and $3M in El Dorado County, California, spanning a range of property types that reflects the neighborhood's evolution from original ski cabin stock to contemporary mountain homes.

The width of this price band reflects genuinely different property types rather than simply condition variations. A custom mountain estate at the upper end and an original A-frame at the entry point are fundamentally different assets that attract different buyer profiles and require different marketing approaches, a distinction that matters significantly for sellers trying to position their property accurately within the neighborhood's range.

Heavenly Valley Listings and Transaction Patterns

Heavenly Valley transactions follow a distinctly ski-season rhythm that differs from every other South Lake Tahoe neighborhood. Properties listed between October and February — when Heavenly Mountain Resort is active, and buyers are physically present on the mountain- generate consistently stronger initial interest than those that come to market during summer, when the ski lifestyle motivation is less immediately apparent.

Buyers in the upper price tiers tend to be deliberate researchers who have visited South Lake Tahoe multiple times and specifically identified the California-side mountain access as a priority. Entry-level ski cabin buyers move faster and more opportunistically — motivated by STR income projections and the Heavenly brand proximity rather than a long evaluation process.

South Lake Tahoe Ski Homes - What Heavenly Valley Delivers

Homes Near Heavenly California Lodge and Ski Access

Heavenly California Lodge sits at the base of Heavenly Mountain Resort's California side, accessible from the upper streets of Heavenly Valley without the highway navigation and resort parking management that Heavenly Gondola access from Stateline requires. Properties closest to California Lodge can reach the base area in under ten minutes by car during normal winter conditions, a practical ski day efficiency advantage that compounds meaningfully across a season of frequent use.

Heavenly Valley Chalets and Mountain Architecture

The architectural character of Heavenly Valley spans several decades of South Lake Tahoe's mountain building history:

A-frame chalets: The neighborhood's defining visual, steep rooflines, loft sleeping areas, and wood-heavy interiors that buyers associate specifically with classic Tahoe ski cabin ownership at an authentic price point

Post-and-beam cabins: Heavier structural builds with exposed timber framing, stone fireplaces, and central great room layouts engineered around the social gathering function that ski cabin ownership demands

Updated contemporaries: Comprehensive renovations that retain the mountain aesthetic while delivering open-plan living, modern kitchens, and mechanical systems that eliminate the maintenance friction of original 1960s and 1970s construction

Custom mountain estates: Upper elevation builds on premium lots where architectural quality competes with Truckee's private golf communities at a South Lake Tahoe location, premium justified by the direct California Lodge proximity

Heavenly Ski Cabin Culture and the STR Opportunity

The ski cabin culture in Heavenly Valley creates a specific STR income profile that distinguishes it from South Lake Tahoe's lakeside rental neighborhoods. Winter peak demand from Heavenly skiers drives occupancy rates from Thanksgiving through late March at nightly rates that lakeside properties without ski access cannot achieve during the same period.

Heavenly Valley vacation rental properties with documented rental history, updated interiors, and proximity to California Lodge consistently outperform comparable ski cabin inventory at similar price points in neighborhoods without the same ski base access. The Heavenly brand is the demand driver; guests booking Heavenly Valley specifically are paying for the ski access narrative, not just a South Lake Tahoe cabin address.

Heavenly Village Homes, Heavenly Valley vs Stateline Casino Corridor

Buyers evaluating ski-proximity addresses on the South Shore frequently compare Heavenly Valley against the Stateline Casino Corridor before committing to a specific location. The distinction is meaningful and worth understanding clearly:

Heavenly Valley suits buyers whose primary motivation is the mountain-side single-family home experience with direct California Lodge ski access. The Casino Corridor suits buyers who want walkable gondola and entertainment access in a condo format at a lower entry price point with Nevada tax advantages.

Sell My Heavenly Valley Home with Real Estate Tahoe

Every Heavenly Valley property sits in one of two distinct market tiers that require separate listing strategies to reach the right buyer effectively.

Murat Gocmen holds active broker licenses in both California and Nevada, giving every Heavenly Valley listing reach across the complete South Shore buyer pool, including Nevada-side buyers actively comparing California and Nevada ski-proximity addresses.

Pioneer Trail Homes: Heavenly Valley and Its Surroundings

Heavenly California Lodge: The California base area for Heavenly Mountain Resort, reachable from upper Heavenly Valley streets within minutes by car during ski season

Ski Run Boulevard: The primary access road connecting Heavenly Valley's residential streets to South Lake Tahoe's city corridor and the California Lodge base area

Pioneer Trail: The road running south of the neighborhood connects Heavenly Valley to the broader South Lake Tahoe basin and residential areas to the west

Heavenly Gondola base in Heavenly Village: The gondola base at the state line, next to the Stateline casinos, a short drive along Highway 50 for days when the gondola suits the plan better than California Lodge

City of South Lake Tahoe commercial corridor: Highway 50 dining, retail, medical, and services are accessible within a short drive from the neighborhood's lower streets

Al Tahoe and Bijou: Adjacent flat South Lake Tahoe neighborhoods offering lake proximity as an alternative to mountain-side positioning at comparable price points

Tahoe Keys: South Lake Tahoe's waterway community for buyers comparing mountain-side versus waterway ownership at similar price levels

Heavenly Village: The entertainment and dining hub around the gondola base, on the California side of the state line, walkable from Stateline but a short drive from Heavenly Valley

Lake Tahoe Unified School District: District schools serving Heavenly Valley across all grade levels within South Lake Tahoe

Contact Us for a Free Market Analysis

Real Estate Tahoe covers every street in Heavenly Valley with direct El Dorado County ski homes market knowledge. Call or connect online for listings and a free valuation.

Explore more: South Lake Tahoe real estate · Al Tahoe Bijou · Tahoe Island Park · CA listings

Property TypeTypical Price RangeKey Features
Condos (1-2 BR)$350,000 – $600,000Near the California Lodge lifts, ski storage, pool/hot tub amenities
Single-Family Homes$600,000 – $1,200,000Larger lots, mountain views, garage, 3-4 BR

STR Viability: High

Heavenly Valley and Ski Run properties are among the highest-performing vacation rentals in South Lake Tahoe. Proximity to Heavenly Mountain Resort drives premium winter nightly rates, while the walkable restaurant scene and summer gondola rides support year-round bookings. Tourist Core parcels near Ski Run Boulevard are outside the 900-permit cap; residential Heavenly Valley parcels are under it, and that cap was reached on August 21, 2026 (waitlist). Condos in this area can generate $50,000-$80,000 annually with professional management.

Ready to Explore South Lake Tahoe?

As a dual-licensed Broker-Owner in California and Nevada, Murat Gocmen provides data-driven insights for buying, selling, or investing in South Lake Tahoe real estate.

Frequently Asked Questions

How many homes are for sale in Heavenly Valley right now?
16 listings are for sale in Heavenly Valley right now: 14 homes from $360K to $18.5M and 2 homesites from $325K to $777K. 1 more is under contract. Every one is listed at the top of this page, straight from the MLS.
How much do homes cost in Heavenly Valley?
Heavenly Valley had 29 sales in the last 12 months at a median price of $650K, from $165K to $1.9M. Buyers paid a median 97% of the asking price. Homes for sale today are listed from $360K to $18.5M.
How close is Heavenly Valley to the ski resort?
Heavenly's California Lodge base area sits at the top of Ski Run Boulevard, and the Heavenly Valley homes closest to it reach the lifts in under ten minutes by car. The Heavenly Gondola leaves from Heavenly Village, by Stateline, a short drive away along Highway 50.
Are Heavenly Valley condos good for vacation rentals?
Yes. Heavenly Valley condos are among the best STR investments in South Lake Tahoe. The combination of affordable purchase price ($350K-$600K), ski resort proximity, and walkable dining drives strong year-round revenue. A well-managed 2-bedroom condo can generate $50,000-$80,000 annually.
What is Ski Run Boulevard?
Ski Run Boulevard is a commercial and residential street running from Lake Tahoe Boulevard up to Heavenly Mountain Resort's California Lodge base area at the top of the street. It features restaurants, bars, coffee shops, and boutiques, creating a walkable village atmosphere. The Heavenly Gondola leaves from Heavenly Village, by Stateline, not from Ski Run.
How do Heavenly Valley prices compare to other SLT neighborhoods?
Heavenly Valley offers some of the most affordable properties in South Lake Tahoe, with condos starting in the $350,000s. This is comparable to entry-level pricing in the broader SLT market and significantly less than Tahoe Keys canal homes ($800K+) or lakefront properties ($2M+).
Are Heavenly Valley homes ski-in/ski-out?
No. Heavenly Valley homes are not ski-in, ski-out in the conventional sense. Properties closest to California Lodge are reachable in under ten minutes by car during normal winter conditions. No residential streets in the neighborhood connect directly to ski runs without a vehicle.
How is Heavenly Valley different from Heavenly Village?
Heavenly Valley is a South Lake Tahoe residential neighborhood on the California side with single-family homes and ski cabins near California Lodge. Heavenly Village is the entertainment and retail hub around the Heavenly Gondola base, on the California side of the state line next to Stateline. They are different places connected by the Heavenly Mountain Resort brand.
Can I vacation-rent my Heavenly Valley home?
Yes, subject to the City of South Lake Tahoe's Vacation Home Rental permit system. The city operates a capped permit programme with registration, insurance, occupancy, and local contact requirements. Confirm current permit availability for your specific parcel before purchasing for rental income purposes.
What is the best ski-side neighborhood in South Lake Tahoe?
Heavenly Valley is the strongest ski-access residential address on the California side of South Lake Tahoe for single-family home buyers. For condo buyers prioritizing gondola walkability and Nevada tax advantages, the Stateline Casino Corridor offers a different but compelling alternative at a lower entry price point.

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Get personalized guidance on buying, selling, or investing in South Lake Tahoe. Call Murat Gocmen at (530) 317-0373 or send a message.

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