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Sold for $725,000
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  • $725,000

    720 Michael Dr, South Lake Tahoe, CA 96150

    3beds
    1,324sqft
    Single Family Residence
    Built in 1972
    6,098 Square Feet Lot
    $714,500 Zestimate®
    $548/sqft
    $3,200 Estimated rent

    Home value

    $714,500

    $664,000 - $772,000

    $3,200/mo

    Zestimate® history
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    What's special

    Secure key entryNew water heaterStunning tiled showersBright open living spacesRemodeled bathroomsRecessed lightingEasy-to-maintain laminate flooring
    Welcome to this beautifully updated 3-bedroom, 2-bathroom home, ideally situated just minutes from the stunning Tahoe Keys and all the outdoor recreation South Lake Tahoe offers. As you approach, you'll notice the well-crafted door with a secure key entry, setting the tone for the quality throughout. Step inside to discover bright, open living spaces enhanced by recessed lighting and a skylight in the living room, bathing the area in natural light. The remodeled bathrooms boast stunning tiled showers and an additional skylight, further brightening the space. The home features easy-to-maintain laminate flooring throughout, with each bedroom offering an extra closet for ample storage. Convenience is key with a laundry room in the hallway, complete with storage above the washer and dryer for your essentials. A new water heater adds to the home's efficiency. The large, oversized 2-car garage provides plenty of space for vehicles, gear, and more. More upgrades include, new insulation, A/C, Radon abatement, new Milgard windows and more. This home seamlessly blends modern updates with functionality, all in a prime location, making it the perfect base for your Tahoe lifestyle. Don't miss the chance to make this move-in-ready home yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jackie Arthur 503-791-9244 Jackie.Arthur@compass.com,

    Compass

    Bought with:

    Jackie Arthur, 01929323

    Compass

    Source: STAOR,MLS#: 141275MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Microwave Built-in, Dishwasher Built-in, Electric Range, Oven, Electric Water Heater
    • Laundry: Hall Closet
    Features
    • Flooring: Laminate
    • Windows: Double Pane Windows, Skylight(s)
    • Basement: Concrete/Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Gas, Insert
    • Furnished: Yes
    Interior area
    • Total structure area: 1,324
    • Total interior livable area: 1,324 sqft

    Property

    Parking
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Patio & porch: Patio, Deck, Covered, Uncovered
    • Exterior features: Bear-Proof Trash Can
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 6,098 Square Feet
    • Features: Lawn
    Details
    • Parcel number: 023752010000
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Roof: Pitched,Composition
    Condition
    • Year built: 1972

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Tahoe Island Park 4
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $548/sqft
    • Tax assessed value: $550,934
    • Date on market: 3/13/2025
    • Cumulative days on market: 53 days
    • Date available: 01/01/1800
    • Listing terms: Cash to New Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/5/2025Sold$725,000-3.3%$548/sqft
    Source: STAOR #141275 Report a problem
    3/26/2025Pending sale$750,000$566/sqft
    Source: STAOR #141275 Report a problem
    3/14/2025Listed for sale$750,000+50.3%$566/sqft
    Source: STAOR #141275 Report a problem
    2/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/21/2023Listed for rent$3,500-11.4%$3/sqft
    Source: Zillow Rentals Report a problem
    10/24/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/30/2022Price change$3,950-3.7%$3/sqft
    Source: Zillow Rental Manager Report a problem
    8/9/2022Listed for rent$4,100$3/sqft
    Source: Zillow Rental Manager Report a problem
    10/15/2020Sold$499,000$377/sqft
    Source: STAOR #133096 Report a problem
    9/11/2020Pending sale$499,000$377/sqft
    Source: Realty World Lake Tahoe #133096 Report a problem
    8/28/2020Listed for sale$499,000$377/sqft
    Source: Realty World Lake Tahoe #133096 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $550,934 +2%
    2025$6,013 +5.4%$540,132 +2%
    2024$5,702 +1.8%$529,542 +2%
    2023$5,603 +1%$519,159 +2%
    2022$5,548 +1.6%$508,980 +2%
    2021$5,462 +512.4%$499,000 +514.1%
    2020$892 +0.6%$81,256 +2%
    2019$886 +2.3%$79,664 +2%
    2018$866 +1.7%$78,103 +2%
    2017$852 +2.1%$76,572 +2%
    2016$834 +5.4%$75,072 +1.5%
    2015$792 $73,946 +2%
    2014$792 $72,500 +0.5%
    2013-- $72,174 +4%
    2012-- $69,372
    2011-- $69,372 +0.8%
    2010-- $68,855 -0.2%
    2009-- $69,021 +2%
    2008-- $67,669 +2%
    2007-- $66,343 +2%
    2006-- $65,043 +2%
    2005-- $63,769 +2%
    2004-- $62,519
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $714,500
    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
    $714,500