Remodeled Home with Income Potential & Additional Lot
1285 Margaret Avenue, South Lake Tahoe, CA 96150
$389,000
Residential / Site / Stick Built
3 Bedrooms / 2 Baths
1285 Margaret Ave – Newly remodeled single level home across the street from over 300 acres of US Forest Service land, and close to everything South Tahoe has to offer. This home has just finished being remodeled with new paint and flooring throughout. In the kitchen there is a new granite counter top and new appliances. Both bathrooms have new vanities and light fixtures. From the cozy fireplace in the living room, to the large separate dining room with double doors out to the back deck, this home is ready to be a family home, vacation property, or a great potential income opportunity. There is a bonus room that separates the house into 2 different areas, which has been used in the past as a shared laundry room that locks on both sides to create a separate rental unit out of one of the bedrooms complete with it’s own door for exterior access. Large storage shed in the back yard. Want a larger yard? The vacant lot to the right of the house on the corner of Fst and Margaret is also for sale.
Great location close to shopping and tucked at the back of the neighborhood right across the street from the forest and miles of hiking and biking trails. Only a few minutes away from the local ski resorts and casinos, and less than 5 minutes drive to Lake Tahoe beaches.
-
1,402 Sq.Ft. of Livings Space
-
Second lot is listed separately for $70,000 (can be purchased as a package deal with home). CLICK HERE for information on the lot.
-
Listed at $ 389,000
Click on thumbnail image below to open larger full photo.
How To Find Your Perfect Home in Lake Tahoe
- Sign up for an email notification so you’ll know the minute a home is listed.
- Call me directly at 530-541-2465 or stop by my office and we’ll sit down and explore all options.
- Get my newsletter every other month which gives you an insight into Lake Tahoe real estate.
- Search all homes for sale around the lake. Our website makes it easy to search for homes that match your criteria.
- Get valuable and current information when you sign up to receive Lake Tahoe real estate articles sent to your inbox.
