The Best Value Properties in South Lake Tahoe, CA

☕️ 3 min read By Noah Blumberg

The most popular place of 2021? South Lake Tahoe, CA. According to Zillow, South Lake Tahoe wins "based on Zillow page-view traffic, available housing inventory, price appreciation and other housing barometers that indicate consumer demand."

Why all the interest in South Lake Tahoe?

South Lake Tahoe is the town with the most amenties in the Lake Tahoe area and Lake Tahoe is the most popular place in California's side of the Sierra Nevada Mountains. It makes sense that people would focus their searches there when looking in the area by why are they looking to buy in the Lake Tahoe region at all? Well, Lake Tahoe is only a 3-hour drive from San Francisco, a city filled with newly freed work-from-home wage earners who may be looking to escape their urban environment and its high cost of living and covid risks.

In their 2022 predictions article, Zillow made the prediction that there will be a trend of younger homebuyers buying a "second home" before they buy what would normally be considered a primary residence. So, they will look in vacation and recreation areas where people typically look for second homes instead of cities and suburbs. This could be another factor impacting the area in the coming year. Perhaps South Lake Tahoe will also be the most popular place of 2022.

The Properties

The #1 property really stands out with its incredibly low price. It's not too good to be true, it's real. It's a very affordable mobile home that looks to be in excellent condition.

If you're looking for a different type of investment, this triplex also presents a great value. Six total bedrooms and three income-generating units could be the right property for someone looking to take advantage of all the interest South Lake Tahoe is generating.

You may notice below that the average listing in South Lake Tahoe is an unbelievably high $2 million. As you may also see below, the most expensive real estate properties do not make our top 50 but they are definitely driving the average up. Nevertheless, there are many lower priced properties available that present a better value.

Here are the top 50 properties. To see them all or get a list for another city, order a custom list!
Average List PriceAverage SqftAverage Lot Size(SqFt)
$2,078,7802,47926,246
Score**PropertyZipX**TypeBedsSqFtLot Size(sqft)Price
14.87

3550 China Garden Rd Spc 67
1.00mobile2780871$85,000
11.70

1080 Julie Ln Spc 155
1.15mobile212001,198$200,000
10.51

3737 Larch Ave
1.15multi family625565,227$750,000
10.12

2492 Palmira Ave
1.15multi family6243610,019$795,000
9.39

1080 Julie Ln Spc 52
1.15mobile210001,002$185,000
9.35

1281 Bonanza Ave Apt 4
1.15condo2840871$219,000
8.79

7255 Sierra Pines Rd
1.15single family66070750,974$3,988,000
8.04

3121 Pasadena Ave
1.15multi family528795,227$1,150,000
8.02

1237 San Diego St
1.15single family5224011,761$750,000
7.30

3787 Larch Ave
1.15multi family417285,227$599,000
7.05

3297 Marlette Cir
1.15single family319884,792$600,000
6.89

875 Clement St
1.15single family4256010,019$949,000
6.68

1393 Wildwood Ave
1.15single family6432926,136$2,200,000
6.66

1128 Lindberg Ave
1.15single family6304010,890$1,388,000
6.60

1223 Bonanza Ave Apt 17
1.15condo2841871$299,999
6.23

721 Tahoe Keys Blvd
1.15single family415936,970$625,000
6.21

1335 Glenwood Way
1.15single family2111421,344$450,000
6.20

1213 Heather Lake Rd
1.15single family2238015,682$695,000
6.10

321 Glenmore Way
1.15single family5521821,344$2,250,000
6.01

2720 Armstrong Ave
1.15multi family210005,227$380,000
5.96

2546 Cold Creek Trl
1.15single family6352213,939$1,888,000
5.93

708 Tahoe Island Dr
1.15single family414838,712$649,000
5.85

1895 High Meadow Trl
1.15single family417608,712$699,000
5.80

2424 Ponderosa St
1.15multi family420486,098$875,000
5.57

825 Julie Ln
1.15single family311526,600$475,000
5.49

3639 Saddle Rd
1.15single family7552313,068$2,788,000
5.46

513 Lake Tahoe Blvd
1.15single family4300810,454$1,390,000
5.45

1226 Margaret Ave
1.15single family311605,227$459,400
5.44

1195 Bonanza Ave
1.15single family311525,663$495,000
5.13

2460 Del Norte St
1.15single family3193613,939$875,000
5.11

1981 Apalachee Dr
1.15single family317287,405$699,500
5.11

1010 Golden Bear Trl
1.15single family417607,841$787,888
5.07

2010 Hidatsa Cir
1.15single family5321712,632$1,768,000
5.01

1129 Martin Ave
1.15single family312534,792$649,950
4.99

1710 Venice Dr
1.15single family4387010,454$1,900,000
4.96

1133 Bonanza Ave
1.15multi family0204041,382$1,100,000
4.94

2340 Del Norte St
1.15single family4366026,572$1,895,000
4.93

2810 Saint Nick Way
1.15single family4282510,019$1,368,000
4.90

1557 Skyline Dr
1.15single family320738,276$877,500
4.88

853 Alameda Ave
1.15single family317284,792$799,000
4.72

1091 Wildwood Ave
1.15single family38645,227$465,000
4.69

1284 Tata Ln
1.15single family4255210,890$1,368,000
4.68

3739 Pioneer Trl
1.15single family28384,792$405,000
4.68

1185 Aravaipa St
1.15single family415366,098$745,000
4.67

2847 Santa Claus Dr
1.15single family3150910,019$698,000
4.64

2002 Cherokee St
1.15single family316335,227$769,000
4.64

616 Wintoon Dr
1.15single family3192512,197$890,000
4.58

1085 Coyote Ridge Cir
1.15single family7438519,602$2,488,000
4.56

1890 Ibache St
1.15single family425746,970$1,300,000
4.53

2338 Washington Ave
1.15single family315416,098$760,000
*This table shows only few basic data points. Rankings are based on 22 data points and 7 calculations per property.**Find explanations of ZipX aka zip multiplier and Score here.