South Lake Tahoe Homes under $500,000

South Lake Tahoe Homes under $500,000

Welcome to South Lake Tahoe, California, a breathtaking gem nestled in the Sierra Nevada mountains. Renowned for its stunning alpine scenery and year-round recreational opportunities, South Lake Tahoe is not just a destination; it’s a lifestyle. With its crystal-clear lake, lush forests, and majestic mountains, this vibrant city offers an unparalleled backdrop for both adventure and relaxation.

For those looking to call South Lake Tahoe home without breaking the bank, you’ll be pleased to discover an array of charming homes available for under $500,000. These properties present an excellent opportunity for first-time homebuyers, retirees, or anyone seeking a vacation retreat in this picturesque locale. Imagine waking up to the serene sounds of nature, with easy access to hiking trails, world-class skiing, and the stunning shores of Lake Tahoe, all while enjoying the comfort of your own home.

The real estate market in South Lake Tahoe is diverse, offering everything from cozy cabins to modern condos, all within your budget. Many of these homes feature beautiful outdoor spaces, perfect for entertaining or simply soaking in the breathtaking views. Additionally, the community is rich in amenities, including charming shops, delightful dining options, and a welcoming atmosphere that makes it easy to settle in.

Whether you're seeking a permanent residence or a seasonal escape, South Lake Tahoe offers a unique blend of natural beauty and affordability. Discover your dream home today and embrace the enchanting lifestyle that awaits you in this mountain paradise!

Newest South Lake Tahoe Homes under $500,000

1262 Dedi Ave, South Lake Tahoe
$375,000
1 Beds ⋅ 1 Baths ⋅ 143579 MLS
Lots of room at an affordable price. This charming older home could use updating but the floor plan does offer a nice dining area that opens to the kitchen and access to the one car garage. The beautiful wood beams and ceiling on the first floor also add to the charm. The extra large living room also provides access to the backyard. Upstairs you fill find the bedroom and a bonus room area, but the ceilings are not up to code height. Although an older home, there is a lot of storage throughout. The backyard is level and fenced. For hikers, miles and miles of USFS land is located at the end of the street. For biking enthusiasts, the community bike trail is a short ride away.Centrally located and less than a mile to stores and restaurants, plus close to Barton Hospital and South Tahoe HS. The neighborhood streets are flat and make for easy walking / biking. A defensible space certificate of compliance has been issued.Currently the least expensive home on the market in South Lake Tahoe plus a garage.

1262 Dedi Ave, South Lake Tahoe
1410 Ski Run Blvd Unit 17, South Lake Tahoe
$375,000
2 Beds ⋅ 2 Baths ⋅ 143549 MLS
Enjoy the best of Lake Tahoe in every season from this inviting 2-bedroom, 1.5-bath Ski Run condo, ideally located just minutes from Heavenly's California Base Lodge and the shores of Lake Tahoe.Freshly painted with professionally cleaned carpets, this home is move-in ready and waiting for its next owners to start making Tahoe memories. Spend winter mornings grabbing your skis and heading straight to the mountain, then come summer, trade your ski boots for flip-flops and enjoy long days at the lake, nearby beaches, trails, dining, and all that South Lake Tahoe has to offer.Whether you're looking for a weekend getaway, a cozy ski condo, a summer lake retreat, or a potential investment property, this condo offers plenty of possibilities. With the appropriate permits and approvals obtained, the property may also offer rental income potential when you're not enjoying it yourself.Come enjoy your own piece of the mountains winter, summer, and every season in between.

1410 Ski Run Blvd Unit 17, South Lake Tahoe
516 Emerald Bay Rd Unit 426, South Lake Tahoe
$275,000
1 Beds ⋅ 1 Baths ⋅ 143545 MLS
Coveted End-Unit with Views - Completely Furnished & Move-In Ready!Everything you've been looking for in a Tahoe retreat is right hereand it's ready for you to move in today. This bright and sunny end-unit condo has been reimagined as the ultimate turn-key escape, now offered completely furnished. From the mountain-chic decor down to the essentials, every detail is already in place, allowing you to bypass the stress of moving and start living the mountain lifestyle immediately.Beyond the convenience of being fully outfitted, this home offers peace of mind with a brand-new water heater recently installed. Whether you are looking for a seasonal getaway or a seamless transition into a new home, this property delivers effortless living surrounded by the natural beauty of the Sierras.Features You'll Love:- Completely furnishedjust bring your suitcase and start enjoying Tahoe- Brand new water heater for worry-free ownership- Updated bathroom with a sleek, modern walk-in shower- Luxury vinyl plank flooring for a clean and contemporary feel- Cozy gas fireplace for that classic cabin in the woods ambiance- Private balcony overlooking the pool and acres of mature pines- Dedicated carport located directly below your unit for added convenience- Direct access to scenic bike paths and trails leading to Pope & Baldwin Beaches, Fallen Leaf Lake, Camp Richardson, and more!Don't miss out on this rare, fully-equipped end-unit. Schedule your showing today!

516 Emerald Bay Rd Unit 426, South Lake Tahoe
1369 Tata Ln, South Lake Tahoe
$500,000
3 Beds ⋅ 2 Baths ⋅ 143528 MLS
Classic Tahoe Cabin | Huge Potential At The "Y"Unbeatable South Lake Tahoe location offered at $500,000. This 3-bedroom, 2-bathroom, 1,400 sq. ft. home features classic open-beam ceilings and sits on an oversized 10,000+ sq. ft. lot a rare find by city standards. Complete with a detached 2-car garage.The property is ready for significant updates and provides a fantastic canvas for contractors, investors, or handy buyers looking to restore its original charm as a classic Tahoe getaway or mountain ski cabin. Situated near the end of a quiet dead-end street with CA Conservancy land directly across the road. Enjoy immediate access to trails, shopping, and dining while maintaining a tranquil, forest setting. Bring your vision to revitalize this home and create something truly special.

1369 Tata Ln, South Lake Tahoe
3740 Blackwood Rd Unit 55, South Lake Tahoe
$139,990
2 Beds ⋅ 2 Baths ⋅ 143503 MLS
Beautiful Tahoe Living Awaits!Discover the charm of South Lake Tahoe in this beautiful home located in the all-ages community of Heavenly Valley Estates. Perfectly situated near everything that makes Tahoe so special, you'll enjoy easy access to world-class skiing, hiking, shopping, dining, casinos, beaches, and the breathtaking beauty of the Sierra Nevada Mountains.Home Site #55 includes our popular black appliance package, featuring a refrigerator, range, microwave, and dishwasher, making it move-in ready from day one.Come see this adorable home in person and experience the community for yourself!Heavenly Valley Estates offers brand-new, move-in-ready manufactured homes. This beautifully maintained community is in its final phase of development, with only a limited number of homes remaining.Don't miss your opportunity to own a home in one of South Lake Tahoe's most desirable manufactured home communities. Schedule your tour today and start living the Tahoe lifestyle you've been dreaming of!

3740 Blackwood Rd Unit 55, South Lake Tahoe
555 Tahoe Keys Blvd Unit 11, South Lake Tahoe
$410,000
1 Beds ⋅ 1 Baths ⋅ 143477 MLS
Discover the best of Lake Tahoe living in this beautifully situated one-bedroom condo, just steps from the water and featuring its own private boat slip with direct access to the crystal-clear waters of Lake Tahoe. Whether you're seeking a year-round residence, vacation getaway, or whatever works for you, this waterfront retreat offers an unmatched combination of recreation, convenience, and lifestyle.Enjoy an impressive array of resort-style amenities, including pickleball, tennis and basketball courts, plus two swimming poolsone of which is heated and open year-round. Spend your days boating, paddleboarding, swimming, hiking, skiing, or simply relaxing while surrounded by the natural beauty of the Sierra Nevada.Adding even greater value is the exciting future of the nearby Tahoe Keys Marina, located just minutes away by water or walking. The Tahoe Regional Planning Agency (TRPA) has approved a major redevelopment of the marina, the largest and only inland marina on Lake Tahoe. Planned enhancements include a full-service boat launch and landing facility for both powerboats and sailboats, complete with a Travel Lift and Jib crane. The redevelopment will also expand slip availability and mooring options, enhance boat rental and charter services, upgrade fuel dock facilities with both diesel and regular fuel, and introduce additional retail and dining opportunities.This rare waterfront opportunity combines immediate enjoyment with long-term potential. From morning cruises on the lake to afternoons by the pool and evenings dining at the marina, every day feels like a vacation. With direct water access, exceptional community amenities, and exciting improvements coming to the Tahoe Keys Marina, this condo offers an unparalleled Lake Tahoe lifestyle.

555 Tahoe Keys Blvd Unit 11, South Lake Tahoe
516 Emerald Bay Rd Unit 304, South Lake Tahoe
$220,000
1 Baths ⋅ 143460 MLS
Completely reimagined ground-floor studio in the picturesque St. Francis of the Woods complex, set along the edge of National Forest on the Highway 89 corridor toward Camp Richardson. With no stairs, covered carport parking and direct access to surrounding forest and nearby bike paths, this is an exceptionally easy Tahoe getaway. Taken down to the studs and completely rebuilt, this is arguably one of the most extensively renovated units in the complex. Improvements include updated windows, drywall, LVP flooring, lighting, plumbing fixtures, interior doors, trim and a striking retro-modern freestanding gas fireplace. The renovated kitchen features painted Shaker-style solid wood cabinetry, solid-slab quartz counters, stainless appliances and bar seating, while the remodeled bath offers a tub/shower combination. A built-in Murphy bed allows the main living area to function comfortably by day and convert easily for sleeping. The location is hard to beat for a compact South Shore basecamp. Ride or walk toward Camp Richardson, Pope Beach and Fallen Leaf Lake, head directly into the forest, or reach Heavenly and Sierra-at-Tahoe with ease. Restaurants, bike rentals and everyday conveniences are nearby, while the complex adds a gated outdoor pool for summer use.

516 Emerald Bay Rd Unit 304, South Lake Tahoe
1080 Julie Ln Unit 19, South Lake Tahoe
$160,000
3 Beds ⋅ 2 Baths ⋅ 143430 MLS
Excellent location across from the clubhouse in Tahoe Verde Estates Manufactured Home Park. This 3 bedroom 2 bath home has a 2 car fully enclosed carport. Only 1 of 2 units in the entire park to have a fully enclosed 2 car carport. The covered front porch leads into the open living room, kitchen and dining room with vaulted ceilings. Living room has a gas fireplace. Bedrooms are split with 2 bedrooms on one end of the home and the primary bedroom located on the opposite end of the home for added privacy. Good sized primary bedroom with a walk in closet. Primary bathroom has a jetted spa tub. Separate laundry room with washer and dryer being included. Back porch located off the laundry room. Double pane vinyl framed windows. Tons of storage. 1 storage shed located outside. 2 large storage containers under the covered front porch. Big storage area inside the fully enclosed carport. Park amenities include pool, spa, clubhouse, park, and additional guest parking. Space rent is $850 a month plus utilities. Located in the city of South Lake Tahoe. Close to hiking, biking, Lake Tahoe, world class skiing, shopping, restaurants and Tahoe's night life. Must see to appreciate.

1080 Julie Ln Unit 19, South Lake Tahoe
3344 Sandy Way Unit 30, South Lake Tahoe
$345,000
2 Beds ⋅ 1 Baths ⋅ 143448 MLS
New Price - Excellent ValueFantastic Location-Close to Many Lake Tahoe AmenitiesThis condo is walking distance to Lake Tahoe, Lakeview Commons Beach, restaurants, grocery stores, the ice rink, and the amazing new recreation center. Additionally, Heavenly Resort, Heavenly Village, and the local casinos are just a 5-minute drive away. Bijou Golf Course is only two blocks from your door, and you can access the entire town via flat bike trails or public transportation located just one block away.Enjoy an updated condo with a filtered Lake View at a Great Price. This Delightful condo is remodeled with hardwood floors, wainscotting wall treatment throughout, modern closet organizers, freshly painted and a large sun porch awaits your creative ideas for a potential office, additional sleeping areas, work out space, etc. The charming kitchen has vintage appliances multiple prep areas and enough room for an eat in'' kitchen table.All rooms are generous size. This lovely condo is selling furnished. The complex has onsite pool, bbq, laundry room and a storage room for bicycles. Your car will stay out of the weather in the cover carport. With practical HOA fees and a Reasonable Price Point, this is an Amazing opportunity to create your own Tahoe Getaway or fulltime residence.

3344 Sandy Way Unit 30, South Lake Tahoe
516 Emerald Bay Rd Unit 233, South Lake Tahoe
$319,900
2 Beds ⋅ 1 Baths ⋅ 143390 MLS
516 Emerald Bay Road, Unit 233Discover contemporary elegance in this beautifully remodeled 2-bedroom, 1-bathroom condo at St. Francis of the Woods Condominiums in South Lake Tahoe. Every inch has been thoughtfully updated with fresh flooring, a modern kitchen, and a sleek bathroom, offering move-in ready comfort. Ideally positioned on Emerald Bay Road, this home places you steps away from pristine sandy beaches and the sparkling waters of Lake Tahoe. Surrounded by towering pines and lush forest, you'll enjoy the perfect blend of lakeside living and mountain tranquility. Whether you're swimming, kayaking, or simply soaking in the natural beauty, outdoor recreation is at your doorstep. The updated interior meets the serene forest settinga rare find in today's market. Wake up to forest views, spend your days exploring nearby trails and beaches, and return to your refreshed, modern home. This is your opportunity to own a piece of Tahoe paradise with all the comforts of a contemporary renovation. St. Francis of the Woods offers the ideal location for those seeking both natural beauty and updated living spaces. Don't miss this exceptional opportunity to make South Lake Tahoe your home.

516 Emerald Bay Rd Unit 233, South Lake Tahoe
2415 Venice Dr Unit C-15, South Lake Tahoe
$79,000
143417 MLS
Rare opportunity to secure Slip C-15 within the Tahoe Beach & Harbor Association, providing convenient seasonal boating access and a reliable home base on the Tahoe Keys waterways with direct connectivity to Lake Tahoe.This slip offers an ideal solution for homeowners seeking dependable in-season mooring, easy day-to-day boat access, and the ability to fully enjoy the Tahoe boating lifestyle without the uncertainty of launch queues or limited guest marina availability.Looking ahead, the Tahoe Keys Marina is slated for a comprehensive redevelopment by Suntex Marinas beginning in 2027, with anticipated infrastructure improvements, modernized amenities, and an overall elevated marina experience expected to further enhance long-term desirability within the Keys boating community.Boat dock licenses are restricted to eligible homeowners only. Qualified ownership is limited to properties located within the landlocked Tahoe Keys, Tahoe Island Park Addition No. 4, Sky Meadows, and Mt. Tallac Village Phases 1,2,3,4.Opportunities to acquire a Tahoe Beach & Harbor Association dock license are limited and infrequently available.

2415 Venice Dr Unit C-15, South Lake Tahoe
3616 Spruce Ave Unit 21, South Lake Tahoe
$325,000
2 Beds ⋅ 1 Baths ⋅ 143379 MLS
Welcome to your mountain sanctuary at Kings IV. Tucked away on a peaceful stretch of Spruce Avenue, this charming top floor condo offers the perfect balance of seclusion and effortless access to everything that makes South Lake Tahoe a year-round destination. Whether you're chasing fresh powder in the winter or heading to the lake in the summer, you're perfectly positioned to enjoy the best of the Sierra.Unit #21 is part of an intimate community composed of just four buildings, each housing six residences. The layout creates a sense of privacy and ease that's hard to find. One of the standout features here is the incredibly inclusive HOA; at $629 per month, it covers your watersourced from an onsite welland your gas, taking the guesswork out of monthly utility budgeting. Also included is snow removal, exterior maintenance, exterior insurance and a large pool.The complex is designed for practical, low-maintenance living, featuring onsite laundry facilities and a large, high-capacity hot water heater dedicated to each block of units. And for added conviencence there is a washer and dryer in the unit. When the summer sun hits the valley, you can spend your afternoons lounging by the seasonal pool, centrally located for easy access.This is an ideal opportunity for anyone looking for a turnkey Tahoe base that prioritizes convenience and value. Come see how easy mountain living can be.

3616 Spruce Ave Unit 21, South Lake Tahoe
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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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