Pending

$1,600,000

3716 Pioneer Trl, South Lake Tahoe, CA 96150

11beds

6baths

5,716sqft

$9,791/mo

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Multi Family

Built in 1964

-- sqft lot

$1,454,900 Zestimate^®

$280/sqft

$-- HOA

What's special

Desirable open living conceptNewer appliancesGas stoves

Centrally located 6-unit apartment building in South Lake Tahoe, The Lazy Bear Apartments offers an exceptional investment opportunity. This well-maintained 6-plex boasts a proven record of low vacancy, providing reliable income and strong performance potential in the thriving Tahoe rental market. Its prime position is a significant draw for renters, situated just minutes from the Heavenly Village and Heavenly Ski Resort, making it a highly desired year-round location with easy access to all local amenities, dining, and transportation. The building features five 2-bedroom/1-bathroom units and one studio, complemented by four additional storage/parking garages. Tenants appreciate the unit features, which include newer appliances, gas stoves, washer/dryer hookups, and a desirable open living concept.

150 days

22

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6

Heating

Natural Gas, Wall or Space Heater

Cooling

Other

Appliances

Included: Gas Water Heater
Laundry: In Unit

Features

1st Unit: 2 Beds - 1 Bath, 2nd Unit: 2 Beds - 1 Bath, 3rd Unit: 2 Beds - 1 Bath, 4th Unit: 2 Beds - 1 Bath, 5th Unit: Studio with 1 Bath, 6th Unit: 2 Beds - 1 Bath, 7th Unit: Other/See Remarks, 8th Unit: Other/See Remarks
Windows: Single Pane, Double Pane Windows
Basement: Concrete/Crawl Space

Interior area

Total structure area: 5,716
Total interior livable area: 5,716 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8
Covered spaces: 4
Details: Garage/Carport

Features

Levels: Two
Stories: 2
Exterior features: Patio/Balcony

Lot

Size: 0.26 Acres

Details

Parcel number: 028041006000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Wood Siding
Roof: Flat

Condition

Year built: 1964

Utilities & green energy

Water: Water Meter
Utilities for property: Natural Gas Available

Community & HOA

Community

Subdivision: Markofer

Location

Region: South Lake Tahoe

Financial & listing details

Price per square foot: $280/sqft
Tax assessed value: $1,010,230
Date on market: 3/26/2026
Cumulative days on market: 150 days
Date available: 01/01/1800
Total actual rent: 137280
Tenant pays: All Utilities

Estimated market value

$1,454,900

$1.38M - $1.53M

$2,275/mo

Price history

Date	Event	Price
7/11/2026	Pending sale	$1,600,000$280/sqft
Source: STAOR #142631 Report a problem
3/26/2026	Listed for sale	$1,600,000+74.9%$280/sqft
Source: STAOR #142631 Report a problem
12/14/2020	Sold	$915,000-3.7%$160/sqft
Source: STAOR #133448 Report a problem
11/19/2020	Pending sale	$950,000$166/sqft
Source: Chase Int'l South Tahoe Realty #133448 Report a problem
11/17/2020	Price change	$950,000-5%$166/sqft
Source: Chase Int'l South Tahoe Realty #133448 Report a problem
10/21/2020	Listed for sale	$1,000,000$175/sqft
Source: Chase Int'l South Tahoe Realty #133448 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,010,230 +2%
2025	$11,053 +5.4%	$990,423 +2%
2024	$10,484 +1.8%	$971,004 +2%
2023	$10,303 +1%	$951,966 +2%
2022	$10,202 +1.6%	$933,300 +2%
2021	$10,045 +119.2%	$915,000 +123.8%
2020	$4,584 +0.5%	$408,771 +2%
2019	$4,562 +2.2%	$400,757 +2%
2018	$4,463 +1.6%	$392,900 +2%
2017	$4,394 +1.1%	$385,197 +1%
2016	$4,347 +3.5%	$381,275 +1.6%
2015	$4,200	$375,274 +2%
2014	$4,200	$367,989 +0.4%
2013	--	$366,342 +4.1%
2012	--	$351,947
2011	--	$351,947 +0.7%
2010	--	$349,341 -0.2%
2009	--	$350,166 +2%
2008	--	$343,359 +2%
2007	--	$336,686 +2%
2006	--	$330,144 +2%
2005	--	$323,730 +2%
2004	--	$317,443