Architectural interest and unique design give this Lakeview Terrace home standout curb appeal, framed by forest service lots at the front and rear for exceptional privacy and filtered views of Lake Tahoe and the iconic face of Heavenly. Step inside to a foyer that opens into expansive living where 10-foot open-beam ceilings frame a light-filled great room with floor-to-ceiling windows, a cozy sitting area, space for billiards, and a freestanding gas fireplace.A second living area brings warmth and casual elegance with a wood-burning stove, newly installed French Oak floors, and bright, inviting finishes. The kitchen strikes a modern tone with sleek touches and seamless flow to both indoor and outdoor dining spaces. Entertain under the pines on a spacious deck with hot tub or gather by the fire pit on the stone patio below.The primary suite occupies its own wing, offering privacy, a generous layout, and a dedicated deck with views of Mt. Tallac. Downstairs, a flexible lower level provides an ideal setup for a separate living space, complete with a secondary kitchen and ample storage perfect for guests or future ADU potential.While the City of South Lake Tahoe has a temporary moratorium on new short-term vacation rental permits, Measure T was recently overturned, and there's renewed optimism that VHR opportunities may resume as early as summer 2025.This is a rare opportunity to own in one of Tahoe's most peaceful pockets without sacrificing access to the lake, slopes, and trails.
Sold for $1,200,000
$1,200,000
3748 Terrace Dr, South Lake Tahoe, CA 96150
4beds
3,752sqft
Single Family Residence
Built in 1958
10,018 Square Feet Lot
$1,196,900 Zestimate®
$320/sqft
$6,634 Estimated rent
Home value
$1,196,900
$1.09M - $1.32M
$6,634/mo
Zestimate® history
Owner options
List your home for rent
$6,634/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$6,634/mo
Rent Zestimate®
Refinance and save
$7,585/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,585/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mark A Salmon 530-318-7637 mark@tahoesalmon.com,
Compass
Bought with:
Mark A Salmon, 01485376
Compass
Source: STAOR,MLS#: 141523
Originating MLS: South Tahoe Association of Realtors
Originating MLS: South Tahoe Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Office/Den, Living Room, Study/Library, Game Room, Entry/Foyer, Mud Room, Workshop, Family Room, Guest Quarters, Upstairs Living
Primary bedroom
- Features: Double Sinks, Shower/Tub Combo, Tile Counters
Heating
- Natural Gas, Baseboard, Radiant
Appliances
- Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Electric Range, Gas Water Heater
- Laundry: Laundry Room
Features
- Built In Bookcase, Tile Counters
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows, Skylight(s), Metal Frame, Vinyl Frame, Low Emissivity Windows
- Basement: Concrete/Crawl Space
- Number of fireplaces: 3
- Fireplace features: Free Standing, Gas, Insert, Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 3,752
- Total interior livable area: 3,752 sqft
Property
Parking
- Parking features: Attached, RV Access/Parking, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Covered, Uncovered, Front Porch
- Exterior features: Bear-Proof Trash Can
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Mountain(s), Lake, Filtered, Forest, Ski Resort
- Has water view: Yes
- Water view: Lake
Lot
- Size: 10,018 Square Feet
- Features: Adjacent to Forest
Details
- Parcel number: 028052006000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding, Rock
- Foundation: Slab
- Roof: Flat,Other
Condition
- Year built: 1958
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Lakeview Terrace
HOA
- Amenities included: Spa/Hot Tub
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $1,369,540
- Date on market: 5/1/2025
- Cumulative days on market: 97 days
- Date available: 01/01/1800
- Listing terms: Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listing removed | $35,556$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $35,556+295.1%$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/22/2025 | Listing removed | $9,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2025 | Listed for rent | $9,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2025 | Sold | $1,200,000-14.2%$320/sqft |
Source:  STAOR #141523 Report a problem | ||
| 6/23/2025 | Pending sale | $1,398,000$373/sqft |
Source: STAOR #141523 Report a problem | ||
| 5/1/2025 | Listed for sale | $1,398,000+11.8%$373/sqft |
Source: STAOR #141523 Report a problem | ||
| 5/23/2022 | Sold | $1,250,000-7.4%$333/sqft |
Source: Public Record Report a problem | ||
| 3/23/2022 | Pending sale | $1,350,000+50.8%$360/sqft |
Source: STAOR #135437 Report a problem | ||
| 10/6/2020 | Sold | $895,000-6.7%$239/sqft |
Source: STAOR #132645 Report a problem | ||
| 8/24/2020 | Pending sale | $959,000$256/sqft |
Source: Mountain Luxury Properties #132645 Report a problem | ||
| 7/2/2020 | Listed for sale | $959,000+204.4%$256/sqft |
Source: Mountain Luxury Properties #132645 Report a problem | ||
| 12/21/1999 | Sold | $315,000+1148.7%$84/sqft |
Source: Public Record Report a problem | ||
| 2/7/1995 | Sold | $25,227$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,369,540 +3.2% |
| 2025 | $14,620 +5.5% | $1,326,510 +2% |
| 2024 | $13,859 +1.8% | $1,300,500 +2% |
| 2023 | $13,616 +37.9% | $1,275,000 +39.7% |
| 2022 | $9,873 +1.6% | $912,900 +2% |
| 2021 | $9,719 +10.3% | $895,000 +10% |
| 2020 | $8,808 +0.5% | $813,867 +2% |
| 2019 | $8,768 +2.3% | $798,185 +2% |
| 2018 | $8,574 +1.6% | $782,809 +2% |
| 2017 | $8,442 +12.5% | $767,735 +12.6% |
| 2016 | $7,502 +4.5% | $682,000 |
| 2015 | $7,176 | $682,000 +2.7% |
| 2014 | $7,176 | $664,000 +2.2% |
| 2013 | -- | $650,000 |
| 2012 | -- | $650,000 |
| 2011 | -- | $650,000 |
| 2010 | -- | $650,000 -4.3% |
| 2009 | -- | $679,309 +2% |
| 2008 | -- | $665,990 +2% |
| 2007 | -- | $652,932 +2% |
| 2006 | -- | $640,131 +2% |
| 2005 | -- | $627,580 +2% |
| 2004 | -- | $615,275 |
Find assessor info on the county website
Neighborhood: 96150
Nearby homes
- $641,9003 bd2 ba1.6k sqft3754 Terrace Dr, South Lake Tahoe, CA 96150Off Market
- $165,0000.27 Acres3740 Terrace Dr, South Lake Tahoe, CA 96150Sold
- $1,789,6005 bd4 ba3.6k sqft3760 Terrace Dr, South Lake Tahoe, CA 96150Off Market
- $---- bd-- ba-- sqft3712 Terrace Dr, South Lake Tahoe, CA 96150Off Market
- $650,0003 bd3 ba1.8k sqft3720 Terrace Dr, South Lake Tahoe, CA 96150Sold
- $871,0004 bd2 ba2k sqft3708 Terrace Dr, South Lake Tahoe, CA 96150Off Market
- $---- bd-- ba-- sqft3751 Terrace Dr, South Lake Tahoe, CA 96150Off Market
- $550,4002 bd1 ba1.2k sqft3755 Terrace Dr, South Lake Tahoe, CA 96150Off Market
Nearby schools
GreatSchools rating
- 6/10Sierra House Elementary SchoolGrades: K-5Distance: 2.5 mi
- 4/10South Tahoe Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 4.2 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,196,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,196,900
- California
- El Dorado County
- South Lake Tahoe
- 96150
- 3748 Terrace Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other South Lake Tahoe Topics
- Apartments for Rent in 96150
- Houses for Sale in 96150
- Houses for Rent in 96150
- 96150 Real Estate
- South Lake Tahoe Condos
- Houses for Sale in South Lake Tahoe
- Newest Listings in South Lake Tahoe
- South Lake Tahoe Home Values
- South Lake Tahoe Real Estate Agents
- South Lake Tahoe Refinance
- South Lake Tahoe Mortgage Rates
