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About This Home
This 3-bedroom, 3-bathroom single family at 1251 Margaret Avenue in South Lake Tahoe, CA is listed for $1,249,000 ($684 per sqft). Built in 2023, the home offers 1,825 sqft of living space on a 0.12 acres lot.
Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted home offers a rare blend of modern mountain luxury, turnkey ease, and exceptional vacation rental and investment potential within South Lake Tahoe citylimits.Clean architectural lines, high-end finishes, a modern mountain contemporary aesthetic, and vaulted ceilings create a light-filled, inviting atmosphere throughout.
Thoughtfully designed with living areas on both the upper and lower levels, the home offers effortless versatility for entertaining, unwinding, or hosting guests in comfort.Beautifully furnished with curated Pottery Barn pieces, luxury linens, and serveware, this truly turnkey home is offered move-in ready with furnishings negotiable for a seamless transition.
Rental-ready and ideally positioned, it presents a compelling opportunity as either a sophisticated second home or a high-demand vacation rental with income potential.The spacious fully fenced backyard offers privacy and room to unwind, while the vacant lot directly behind enhances the sense of seclusion.
A Generac generator provides dependable backup power throughout Tahoe's winter season, adding peace of mind to this thoughtfully appointed property. The attached 2-car garage is generously sized to accommodate large SUVs, offering everyday convenience and practicality.Surrounded by Tahoe's year-round natural beauty, the property offers easy access
to nearby hiking trails and outdoor recreation, creating a seamless connection to the landscape and lifestyle that define this mountain destination. Located in the highly sought-after neighborhood known as The Y,'' where convenience and lifestyle come together, the home is just minutes from Heavenly Mountain Resort and close to boutique fitness studios, craft breweries, artisan coffee, restaurants, and everyday essentials.
Spend your days along the shores of Lake Tahoe at nearby Kiva Beach, then return to the ease of a location that feels tucked away from the heavier casino- corridor traffic while remaining just a short ride from the dining and entertainment of Stateline and Heavenly Village.A rare offering, this beautifully furnished, rental-ready mountain retreat combines elevated design, turnkey ease, and exceptional Tahoe investment appeal.
Key Features
- Built in 2023
- 0.12 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$6,680/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1251 Margaret Avenue
South Lake Tahoe, CA 96150
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 3-bedroom, 3-bathroom single family at 1251 Margaret Avenue is listed at $1,249,000 ($684/sqft). The estimated monthly payment is $5,412 based on 20% down at 6.5% interest.
Key features include: Built in 2023, 0.12 acre lot, Fireplace. Interior Features: High Speed Internet, Vaulted Ceilings, Walk in Closet.
This property is listed by Jessica Crase and can be reached at (310) 230-5478 or kathy@compass.com.
