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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1259 Bonanza Avenue in South Lake Tahoe, CA is listed for $849,000 ($346 per sqft). Built in 1992, the home offers 2,452 sqft of living space on a 1.00 acres lot.
Flexible Dual-Living Tahoe Retreat on a Rare One-Acre Lot!Tucked among the pines in South Lake Tahoe, this unique duplex-style property sits on a rare and level one-acre parcel, offering exceptional flexibility for full-time living, multi-generational use, or long-term rental income.Each unit features 2 bedrooms, 2 bathrooms, and a spacious loft ar
ea, providing versatile space that can be used as additional sleeping quarters, a home office, or a bonus living area. One of the lofts includes a second living space with a wood-burning stove, bunk bed area, and access to a private deck, creating a cozy mountain retreat perfect for guests or extended family.The living areas feature vaulted ceilings and knotty pine paneling, giving the homes an authentic Tahoe cabin feel.
Both kitchens offer gas ranges, built-in dishwashers, and wood cabinetry, while practical upgrades include natural gas hydronic heating systems, dual-pane windows, and laundry hook-ups in each unit (with a washer and dryer included in one unit).The property is accessed through a gated driveway with ample parking for multiple vehicles, boats, or recreational gear, making it well suited for the Lake Tahoe lifestyle.
The expansive lot offers privacy and space rarely found this close to town, while still providing easy access to shopping, transportation, outdoor recreation, and the lake.This layout is ideal for a variety of uses, including: Living in one unit while renting the other Multi-generational living or shared ownership A flexible work-from-Tahoe lifesty
le with separate living spacesFor buyers looking toward future possibilities, the adjacent vacant parcel at 1258 Emerald Bay Road is also available for purchase, potentially expanding the property to a full two acres.Whether you're seeking a peaceful mountain retreat, a flexible living arrangement, or a property with long-term income potential, this rare South Lake Tahoe duplex offers versatility, privacy, and opportunity in one of Tahoe's most desirable settings.
Key Features
- Built in 1992
- 1.00 acre lot
- 8 parking spaces
Property Details
Monthly Cost Estimate
$4,541/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1259 Bonanza Avenue
South Lake Tahoe, CA 96150
Features & Amenities
Interior Features
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1259 Bonanza Avenue is listed at $849,000 ($346/sqft). The estimated monthly payment is $3,679 based on 20% down at 6.5% interest.
Key features include: Built in 1992, 1.00 acre lot, 8 parking spaces. Interior Features: High Speed Internet.
This property is listed by Brent Johnson and can be reached at (530) 544-2121 or LDFTahoe@aol.com.
