[Heavenly Valley] – is the name of the neighborhood at the base of world class ski destination Heavenly Mountain Resort. This is a highly desired neighborhood for winter recreation enthusiasts. Heavenly Resort is now adding summer recreational activities including zip lines and ropes courses.
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MLS® #: 141900
- 1639 Sherman Way
- South Lake Tahoe CA 96150
- $18,500,000
- 17 Beds | 17.5 Baths | 16,500 SqFt
- 15 Acres
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Tahoe Association of Realtors. Real estate listings held by brokerage firms other than Compass. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed. © Copyright 2025 South Tahoe Association of Realtors. All rights reserved.
Information deemed reliable but not guaranteed. © Copyright 2025 South Tahoe Association of Realtors. All rights reserved.
This site was last updated Oct 10 2025 2:03:46 am.
The Heavenly Valley Area

Why Buy a Home here?
Homes here are closer to the ski lifts than any other neighborhood in South Lake Tahoe. Features may include mountain views, lake views, and an alpine setting. There is a wide range of home values due to the condos on Ski Run Blvd to the large mountain estates with fabulous lake views. There are small, older cabins, A-frames and fixer-uppers come on the market from time to time, but they do not last long.