# 1251 Margaret Avenue, South Lake Tahoe, CA 96150

> **TL;DR:** 3bd/3ba single family, $1,249,000 ($684/sqft), built 2023, 1,825 sqft.
> Fireplace. Est. $5,412/mo. Listed 16 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,249,000 |
| Price/sqft | $684 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,825 |
| Year Built | 2023 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 16 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,412 |
| **Total** | **$5,412** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 2023
- 0.12 acre lot
- Fireplace

## Description

### Agent Description
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.

## Location

- **Address:** 1251 Margaret Avenue, South Lake Tahoe, CA 96150
- **County:** El Dorado
- **Coordinates:** 38.90342, -120.004452
- **Google Maps:** https://www.google.com/maps?q=38.90342,-120.004452

## Listing Agent

- **Name:** Jessica Crase
- **Brokerage:** Compass
- **Phone:** (310) 230-5478
- **Email:** kathy@compass.com

## Primary Photo

![1251 Margaret Avenue - Primary Photo](http://lh.rdcpix.com/927bc58568e3b4bbb92222f4d8f4166cl-f2081814949r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/1251-margaret-avenue-south-lake-tahoe-ca-96150-a142635)*

---

**MLS#:** 142635 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1251-margaret-avenue-south-lake-tahoe-ca-96150-a142635)

---

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