This exceptional custom-built home represents the inaugural offering in South Lake Tahoe's newest development, perfectly positioned in the tourist core, delivering direct access to world-class restaurants, and Skiing Gondola at Heavenly Mountain Resort, extensive bike trails, hiking, the transit hub, and the stunning shores of Lake Tahoe, this property delivers unparalleled convenience and income potential.Designed from the ground up as a premium income-producing property, this home maximizes occupancy, guest satisfaction, and operational efficiency.Property Highlights: Thoughtful Multi-Family Layout: Master bedrooms with en-suite bathrooms on both the 1st and 3rd floors, ideal for multiple families or groups. The 2nd floor is dedicated to expansive communal living spaces, along with a chefs kitchen with premium Appliances perfect for gathering and entertaining. Biophilic Design: Thoughtfully crafted to bring the outdoors inside, creating a seamless connection to Tahoe's natural beauty. Premium Construction & Upgrades: Hybrid steel and wood structure for impressive, open common areas Superior insulation package: Spray foam combined with mineral wool for exceptional soundproofing, plus a full sealed vapor barrier Presidential shingles with a 50-year warranty Low-maintenance exterior featuring thermally baked siding and natural granite stone accents for a timeless, elegant appearanceWellness & Outdoor Amenities: Private sauna Hot tub Firepit Outdoor BBQ area Heated driveway Heated outdoor second-floor deckOwner & Operational Features: Exclusive owner-specific areas Dual HVAC systems for precise temperature control across all three floors State-of-the-art low-voltage smart home system with home/away modes to minimize energy use when the property is vacantThis is a high-performance short-term rental asset in one of Lake Tahoe's most desirable and walkable locations. Built to the highest standards with both guest comfort and owner profitability in mind, this rare opportunity is ideal for savvy investors seeking strong returns in South Lake Tahoe's thriving vacation rental market. Come choose your finishes.
For sale
$3,899,000
3794 Montreal Rd #A, South Lake Tahoe, CA 96150
5beds
3,358sqft
Single Family Residence
Built in 2026
3,998 Square Feet Lot
$3,771,600 Zestimate®
$1,161/sqft
$700/mo HOA
What's special
Private saunaOutdoor bbq areaHot tubHeated drivewayHeated outdoor second-floor deckExpansive communal living spaces
- 139 days
- 531
- 25
Zillow last checked:
Listing updated:
Listed by:
Duggan J Smith 530-314-1129 duggans@hotmail.com,
Duggan Smith, Broker
Source: STAOR,MLS#: 142856
Originating MLS: South Tahoe Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Game Room, Entry/Foyer, Mud Room, Great Room
Kitchen
- Features: Veggie Sink
Heating
- Forced Air, Hot Water, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Gas Range, Gas Water Heater
- Laundry: Laundry Room, Upper Level
Features
- Granite Counters
- Flooring: Wood
- Windows: Metal Frame
- Basement: Concrete/Crawl Space
- Number of fireplaces: 2
- Fireplace features: Gas, Insert
Interior area
- Total structure area: 3,358
- Total interior livable area: 3,358 sqft
Property
Parking
- Parking features: Attached, Heated Driveway
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Has spa: Yes
- Spa features: Private
Lot
- Size: 3,998 Square Feet
Details
- Parcel number: 029720001000
- Zoning description: Other/See Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Masonry, Wood Siding
Condition
- Year built: 2026
Community & HOA
Community
- Subdivision: Heavenly Valley Village
HOA
- Amenities included: Pool, Sauna, Spa/Hot Tub, Additional Parking
- Services included: Maintenance Structure, Snow Removal, On Site Maintenance
- HOA fee: $700 monthly
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $1,161/sqft
- Tax assessed value: $21,478
- Date on market: 5/29/2026
- Cumulative days on market: 140 days
- Date available: 01/01/1800
- Ownership: Fee Simple
Estimated market value
$3,771,600
$3.58M - $3.96M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $3,899,000+356%$1,161/sqft |
Source: | ||
| 5/18/2025 | Listing removed | $855,000$255/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $855,000$255/sqft |
Source: | ||
| 11/10/2024 | Listing removed | $855,000$255/sqft |
Source: | ||
| 10/22/2024 | Price change | $855,000-10.5%$255/sqft |
Source: | ||
| 9/9/2024 | Listed for sale | $955,000$284/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $21,478 +2% |
| 2025 | $274 +4.7% | $21,057 +2% |
| 2024 | $262 | $20,645 |
Find assessor info on the county website
Monthly payment
Est. payment






