Skip main navigation
For sale
  • Price cut: $100K (7/15)
    $1,099,000

    1251 Margaret Ave, South Lake Tahoe, CA 96150

    3beds
    1,825sqft
    : 
    $6,793/mo
    Get pre-qualified
    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
    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.
    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#: 142635MLS LogoOriginating 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

        DateEventPrice
        7/15/2026Price change$1,099,000-8.3%$602/sqft
        Source: STAOR #142635 Report a problem
        6/4/2026Price change$1,199,000-4%$657/sqft
        Source: STAOR #142635 Report a problem
        3/26/2026Listed for sale$1,249,000+42.7%$684/sqft
        Source: STAOR #142635 Report a problem
        11/30/2023Sold$875,000-2.5%$479/sqft
        Source: STAOR #139462 Report a problem
        10/14/2023Pending sale$897,000$492/sqft
        Source: STAOR #139462 Report a problem
        10/2/2023Listed for sale$897,000$492/sqft
        Source: STAOR #139462 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96150

        Getting around

        38 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts
            • Local buyer's agents are ready to help