Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted modern mountain home offers a rare combination of new construction, smart-home features, and effortless ownership within South Lake Tahoe City limits. Designed for today's lifestyle, the home delivers energy efficiency, quality craftsmanship, and low-maintenance living in one of South Lake Tahoe's most evolving residential areas.Clean architectural lines, vaulted ceilings, and a mountain contemporary design create a bright, open feel throughout. Negotiable curated furnishings and kitchenware from Pottery Barn, custom window dressings, and linens make the home feel immediately welcoming, for a smooth transition into ownership.Built with defensible space features and a passing certificate to support insurance requirements, this property reflects thoughtful planning for mountain living. A Generac generator provides dependable backup power, and the attached 2-car garage easily accommodates larger vehicles, ideal for year-round Tahoe access. Perfectly positioned next to a wooded vacant lot, the fully fenced yard with a custom privacy fence creating an ideal space for pets, children, entertaining, and relaxed outdoor living.Located in the up-and-coming neighborhood known as "The Y,'' the area continues to gain momentum with new local shops, improved amenities, and direct access to outdoor recreation. From the doorstep, enjoy nearby trail systems and an easy E-bike ride to Lake Tahoe and Kiva Beach, blending convenience with the best of Tahoe's natural setting.Set in a convenient South Lake Tahoe location, the home offers a quieter mountain setting during peak ski season while still being just minutes from Heavenly Mountain Resort.This allows for quick, easy access to the slopes without being in the center of resort traffic. An ideal balance of access and retreat, where ski days are effortless and home feels peaceful upon return.Surrounded by year-round recreation including skiing, hiking, biking, and lake activities, this property delivers a true Tahoe lifestyle. Enjoy the benefits of newer construction without the wait times, contractor coordination, renovation costs, or uncertainty often associated with older mountain properties.A rare opportunity combining elevated design in one exceptional Tahoe home positioned to enjoy nature while remaining close to favorite local coffee shops, breweries, bakeries, pizza spots, rock climbing gym, and the lake.
For sale
Price cut: $100K (7/15)
$1,099,000
1251 Margaret Ave, South Lake Tahoe, CA 96150
3beds
1,825sqft
Single Family Residence
Built in 2023
5,227 Square Feet Lot
$-- Zestimate®
$602/sqft
$-- HOA
What's special
Quality craftsmanshipEnergy efficiencyDefensible space featuresClean architectural linesMountain contemporary designCustom window dressingsSmart-home features
- 157 days
- 508
- 25
Zillow last checked:
Listing updated:
Listed by:
Jessica M Crase 530-206-6755 jessica.crase@gmail.com,
Compass
Source: STAOR,MLS#: 142635
Originating MLS: South Tahoe Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Living/Dining Combo, Entry/Foyer, Upstairs Living
Primary bedroom
- Features: Double Sinks, Stall Shower, Nat Stone Counter, Nat Stone Flooring
Kitchen
- Features: Pantry
Heating
- Forced Air, Natural Gas, Electric, Fireplace(s)
Appliances
- Included: Disposal, Microwave Built-in, Dishwasher Built-in, Gas Range, Oven, Instant Hot Water
- Laundry: Laundry Room
Features
- Stone Counters
- Windows: Other/See Remarks
- Basement: Concrete/Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas, Insert
- Furnished: Yes
Interior area
- Total structure area: 1,825
- Total interior livable area: 1,825 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Front Porch
Lot
- Size: 5,227 Square Feet
- Features: Wooded
Details
- Parcel number: 032282017000
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 2023
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Unavail
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $602/sqft
- Tax assessed value: $910,350
- Date on market: 3/26/2026
- Cumulative days on market: 157 days
- Date available: 01/01/1800
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $1,099,000-8.3%$602/sqft |
Source: | ||
| 6/4/2026 | Price change | $1,199,000-4%$657/sqft |
Source: | ||
| 3/26/2026 | Listed for sale | $1,249,000+42.7%$684/sqft |
Source: | ||
| 11/30/2023 | Sold | $875,000-2.5%$479/sqft |
Source: | ||
| 10/14/2023 | Pending sale | $897,000$492/sqft |
Source: | ||
| 10/2/2023 | Listed for sale | $897,000$492/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $910,350 +2% |
| 2025 | $9,793 +5.8% | $892,500 +2% |
| 2024 | $9,252 +196.5% | $875,000 +204% |
| 2023 | $3,120 +286.9% | $287,828 +303.1% |
| 2022 | $806 +1.6% | $71,400 +2% |
| 2021 | $794 +529.9% | $70,000 +777.9% |
| 2020 | $126 +0.5% | $7,974 +2% |
| 2019 | $125 +2.1% | $7,818 +2% |
| 2018 | $123 +1.6% | $7,665 +2% |
| 2017 | $121 +1.9% | $7,515 +2% |
| 2016 | $119 +5.4% | $7,368 +1.5% |
| 2015 | $112 | $7,258 +2% |
| 2014 | $112 | $7,117 +0.4% |
| 2013 | -- | $7,086 +4% |
| 2012 | -- | $6,812 |
| 2011 | -- | $6,812 +0.7% |
| 2010 | -- | $6,762 -0.3% |
| 2009 | -- | $6,779 +2% |
| 2008 | -- | $6,647 +2% |
| 2007 | -- | $6,517 +2% |
| 2006 | -- | $6,390 +2% |
| 2005 | -- | $6,265 +2% |
| 2004 | -- | $6,143 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96150
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