Not for the faint of heart, this investment opportunity offers serious upside for the right buyer. Conveniently located near local amenities and all that South Lake Tahoe has to offer, the property awaits a complete transformation.This home will require a new foundation and nearly every component replaced. The only existing improvement is a newer electrical panel. There may be potential to raise ceilings and increase the legal square footage to match the full footprint of the home, pending proper permitting and approvals.This project is best suited for experienced buyers who are familiar with the scope and have knowledge of TRPA guidelines. The property lies entirely within a 100% SEZ (Stream Environment Zone), and a tear-down and rebuild would be extremely challenging.DO NOT VISIT THE PROPERTY WITHOUT FIRST CONTACTING THE LISTING AGENT. A police escort is required. Showings are strictly available to serious and qualified buyers only.
Current real estate data for Single Family in South Lake Tahoe as of Aug 02, 2025
242
Single Family Listed
78
Avg DOM
528
Avg $ / SqFt
$1,096,897
Avg List Price
Property Details
Price:
$240,000
MLS #:
142040
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
bijou1
Listed Date:
Aug 1, 2025
Finished Sq Ft:
576
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1951
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Interior
Exterior
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Community
- Address3744 Osgood Avenue South Lake Tahoe CA
- NeighborhoodBijou 1
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
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Property Summary
- 3744 Osgood Avenue South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $240,000 and features 3 beds, 1 baths, and has approximately 576 square feet of living space, and was originally constructed in 1951. The current price per square foot is $417. The average price per square foot for Single Family listings in South Lake Tahoe is $528. The average listing price for Single Family in South Lake Tahoe is $1,096,897. To schedule a showing of MLS#142040 at 3744 Osgood Avenue in South Lake Tahoe, CA, contact your Compass agent at 530-541-2465.
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3744 Osgood Avenue
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