, Peninsula Rd, South Lake Tahoe, Home For Sale

house for sale

Listed: 06/23/24

1309 Peninsula Rd, South Lake Tahoe, California, 96150

10 Bed:

5 Bath:

2,340 Sq Ft Living Area:

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Price

$ 1,5M

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About This House

An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. One studio, one 3 bedroom/2 bath and two 3 bedroom/1 baths. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.

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Original listing

South Lake Tahoe Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$810,307 (-20.1%)
May 2024	$1,013,596 (+11.5%)
Apr 2024	$909,379 (0%)
Mar 2024	$909,379 (0%)
Feb 2024	$909,379 (0%)
Jan 2024	$909,379 (0%)

In June 2024, the asking price for 3 bed houses for sale in/near South Lake Tahoe, United States averaged $810,307, a decrease of 20.1% from the previous month.

Median price trends for properties for sale in South Lake Tahoe, United States as of June 2024.

Household Income

Median household income: $45,223

Number of households: 8,882

The average household income in South Lake Tahoe, CA grew from $42,401 to $45,223 in the past year. This data is an estimate based upon 8,882 households in South Lake Tahoe, CA.
The chart below presents how household income is distributed in South Lake Tahoe, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in South Lake Tahoe, CA compared to median property taxes around the country. The prevalent amount of property taxes in South Lake Tahoe, CA equals $3k+ , which is less than the national average.