96150 Homes under $1.25 million

Welcome to the enchanting community of South Lake Tahoe, nestled in the heart of California’s stunning El Dorado County. The zip code 96150 is not just a number; it's a gateway to a lifestyle that seamlessly blends outdoor adventure, serene natural beauty, and vibrant community spirit.

In South Lake Tahoe, you'll discover a diverse range of homes, including an impressive selection priced under $1.25 million. Whether you’re seeking a charming cabin surrounded by towering pines, a modern mountain retreat with breathtaking lake views, or a cozy home just minutes from world-class skiing, this area has something for everyone.

Imagine waking up to the crisp mountain air and the sound of rustling leaves. With the pristine waters of Lake Tahoe at your doorstep, outdoor enthusiasts will find endless opportunities for hiking, biking, and water sports in the warmer months, while winter transforms the landscape into a snowy wonderland perfect for skiing and snowboarding.

Beyond the natural allure, South Lake Tahoe boasts a vibrant community with an array of local shops, restaurants, and entertainment options. Enjoy a leisurely afternoon exploring the charming downtown area or indulge in a delicious meal at one of the many eateries that celebrate local flavors.

Living in zip code 96150 means embracing a lifestyle that values both adventure and tranquility. With homes available under $1.25 million, now is the perfect time to invest in your dream property in this picturesque locale. Discover the magic of South Lake Tahoe, where every day feels like a vacation!

Newest 96150 Homes under $1.25 million

$895,000

3 Beds ⋅ 2 Baths ⋅ 143573 MLS

Light, Bright & Beautiful in Montgomery Estates!Discover exceptional value in one of South Lake Tahoe's most desirable neighborhoods! This inviting three-bedroom home combines mountain charm, thoughtful upgrades, and an unbeatable location.Step inside to a sun-filled living room featuring soaring vaulted ceilings, expansive windows, and a cozy gas fireplace insert that creates the perfect atmosphere for relaxing after a day of Tahoe adventures. The spacious kitchen offers timeless appeal with solid granite countertops, stainless steel appliances, and a generous pantry. Each of the three bedrooms features ample closet space and additional storage shelving.Recent improvements, including a brand-new roof and fresh exterior paint, add tremendous value and peace of mind! Step outside to a spacious back deck overlooking the large, fully fenced backyardideal for summer barbecues, entertaining friends, or simply enjoying the fresh mountain air.Outdoor enthusiasts will love the easy access to hundreds of acres of scenic trails, perfect for hiking, biking, and exploring Tahoe's spectacular natural surroundings.With its abundant natural light, numerous upgrades, generous outdoor living spaces, and sought-after Montgomery Estates location, this home offers an exceptional opportunity to embrace the Tahoe lifestyle. Mountain living at its best!

2551 Cold Creek Trl, South Lake Tahoe

$639,900

4 Beds ⋅ 2 Baths ⋅ 143569 MLS

Located at the base of Gardner Mountain in South Lake Tahoe, this duplex presents a fantastic opportunity for both investors and those looking to offset their living expenses with rental income. Offering two separate units, the property provides a combination of modern updates, established rental history, and flexibility for a variety of buyers. One unit has been fully remodeled, featuring an updated interior and a fresh, inviting living space ready for its next occupant. The second unit is occupied by a long-term tenant, providing the benefit of an established rental arrangement.One of the property's standout features is the generous outdoor space. Each unit enjoys its own spacious, separate backyard, providing plenty of room for outdoor entertaining, gardening, pets, or simply relaxing and enjoying the Tahoe surroundings. This separation of outdoor living areas adds a level of privacy and independence that can be difficult to find in multi-unit properties.Adding to the property's appeal is a large California Tahoe Conservancy-owned parcel directly across the street, contributing to the area's open, natural setting. Situated in the established Gardner Mountain neighborhood, the property offers convenient access to the outdoor recreation and amenities that make South Lake Tahoe such a special place to live.Whether you're looking for a primary residence with the potential for supplemental rental income, a long-term investment property, or a combination of the two, this duplex offers an appealing opportunity in a desirable Tahoe location.

1968 8th St, South Lake Tahoe

$585,000

4 Beds ⋅ 2 Baths ⋅ 143506 MLS

Exciting possibilities await the new owner of this single story, 4 bedroom, 2 bathroom home complete with a 2 car garage. A wonderful location for those who enjoy Tahoe to the fullest. It is just steps from the community trail, which allows you to walk or bike all the way from Meyers to the beaches, into town and beyond. Located on a corner lot, the home has excellent natural light that creates a bright atmosphere throughout, and the interior has just been completely repainted. The living space is uniquely split between a separate living room at the front of the house and a great room toward the back, providing plenty of options for distinct living areas. A sliding door opens directly to the fenced backyard where you will find a large deck with built-in seats and separate patio area. The two-car garage provides essential storage for vehicles and outdoor toys. The location of this home is incredibly convenient for both recreation and daily amenities. Only a 10-minute drive from Heavenly Ski Resort, Stateline, the casinos, and the Y. Lake Tahoe Community College is short walk or bike ride away, as well as Bijou Community Park. Affordably priced to add your own style to updating and making this house your home. The property has also been certificated defensible space compliant.

1386 Friant Dr, South Lake Tahoe

840 Modesto Ave Unit 1, South Lake Tahoe

$715,000

4 Beds ⋅ 2 Baths ⋅ 143556 MLS

Recently updated South Lake Tahoe duplex with 4 bedrooms, 2 bathrooms, and 1,212 square feet of living space. Both units have been thoughtfully updated with new stainless steel appliances, gas stoves, soft-close cabinetry, new LVT flooring, and new washers and dryers. Ceiling fans are installed throughout, and the property is equipped with a Ring security system for added convenience and peace of mind. Apartment one also features a new furnace and hot water heater. Each unit offers its own rear deck, providing dedicated outdoor space, while the two-car garage provides covered parking and additional storage. The property comes fully furnished and has an excellent rental history, making it an appealing opportunity for both investors and those looking for a Tahoe property with income potential. The adjacent vacant lot is owned by the Tahoe Conservancy. Conveniently located within walking distance of Reagan Beach, shopping, and restaurants, with Heavenly Ski Resort just minutes away. This property offers immediate usability, established rental potential, and a prime South Lake Tahoe location. Come see it today!

840 Modesto Ave Unit 1, South Lake Tahoe

$600,000

3 Beds ⋅ 2 Baths ⋅ 143555 MLS

Nicely remodeled and thoughtfully updated, this Tahoe home offers an open, comfortable floor plan with many of the major improvements already completed, along with an opportunity for the next owner to finish the remaining details and make it their own. Many of the photos used here demonstrate the possibilities for finish designs and paint.The inviting living area features wood flooring accented with decorative tile edging and a freestanding gas stove, creating a warm mountain feel. The updated kitchen offers quartz countertops, abundant cabinetry, tile flooring and newer appliances installed in 2018. Wood flooring continues throughout all three bedrooms. Another valuable addition is a temperature regulator on the water heater.A primary bedroom and bath addition was completed in 2020, adding approximately 300 square feet of living space. The spacious primary suite includes a slider opening to the back deck and a fun, unexpected detaila bookcase-style hidden door leading to the closet. The primary bath features a jetted tub with custom tile decor.An open permit remains for the approximately 300-square-foot addition. To finalize the permit, the planned driveway design with permeable pavers will need to be completed. The home also has some remaining interior and exterior painting, along with decorative finish work at the front of the house. The majority of the roof was replaced in 2009 with the addition's room being completed in 2021. The property has been priced with consideration for the time and expense a buyer will incur to complete these items and close out the permit.Outside, the corner lot and fenced backyard provide additional flexibility, including space to park a small boat or RV with convenient access through a double gate.The location is another highlight as it is approximately three blocks from Tahoe Paradise Park, where residents can enjoy Baron Lake, ball fields, sports courts, a playground and riverfront recreation.With many of the significant improvements already in place, this property presents an appealing opportunity for a buyer willing to complete the finishing touches and permit process while enjoying an updated Tahoe home in a wonderful recreational setting.

2000 Washoe St, South Lake Tahoe

$625,000

3 Beds ⋅ 2 Baths ⋅ 143552 MLS

Opportunity knocks in one of South Lake Tahoe's most coveted neighborhoods. This charming chalet-style home in the highly desirable Country Club Estates has had just two owners since it was built in 1973 and the pride of ownership shows throughout. Open beam pine ceilings, a gas fireplace insert, and a large rear deck surrounded by tall pines give the home an authentic mountain feel that's hard to manufacture.The layout offers wonderful versatility: two bedrooms and a full bath on the main level, with a massive upstairs primary suite, second bath, and an open loft overlooking the living room below. A heated 24'x24' 2-car garage completes the package. Sitting on a generous 10,454 SF lot, the fully fenced backyard is flat, usable, and framed by mature pines a rare find in Tahoe with a covered front deck enjoying southern exposure and local mountain views.Country Club Estates sits minutes from two golf courses, Lake Tahoe's beaches, Heavenly Ski Resort, and the casinos. A true blank canvas in a premier location ready for the next family to make it their own.Schedule your showing today.

1474 Crystal Air Dr, 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

$575,000

2 Beds ⋅ 2 Baths ⋅ 143539 MLS

Charming 2-Bedroom, 2-Bath Meyers Flat Home. Come enjoy the charm and character of this light filled 2-bedroom, 2-bath home in Meyers Flat! Thoughtfully laid out over two levels, the home features a bedroom, full bath, and inviting living area downstairs, with a second bedroom, full bathroom, and additional storage upstairs. Recent updates provide peace of mind and modern comfort, including a brand-new bathroom remodel, brand-new carpet, 2 year old cedar siding, a 6-year-old roof and skylights, a 3-year-old driveway and BMPs, and a 9-year-old 200-amp electrical panel. Native landscaping surrounds the property, while both front and rear decks create wonderful spaces for relaxing, entertaining, and enjoying the peaceful outdoor setting. There's plenty of room for all your recreational gear, with generous storage in the rear shed and carport. Driveway can accommodate 4-6 cars. Walking distance to Tahoe Paradise Park, Environmental Magnet School, and Washoe Meadows State Park. Whether you're looking for a cozy full-time home, weekend getaway, or a place to enjoy all that the area has to offer, this warm and light filled home is ready to welcome you. Call today to schedule your private tour!

1137 Tomahawk Ln, South Lake Tahoe

$560,000

3 Beds ⋅ 2 Baths ⋅ 143531 MLS

Walk to Lake Tahoe! Prime location, exceptional potential, and an opportunity to create your own Tahoe retreat. This 3-bedroom, 2-bath home is ideally situated in the heart of town, just a short walk to the lake and close to popular coffee shops, restaurants, shopping, and year-round recreation. With plenty of opportunity for sweat equity, this property is ready for the next generation of ownership and offers a chance to transform a well-located home into something special. The fully fenced backyard provides a private outdoor space for relaxing, entertaining, or enjoying the Tahoe lifestyle. Plenty of full-time neighbors and a convenient central location, this home offers more than just a great address. Whether you're looking for your first home, a vacation retreat, or a property to personalize and build equity, this is an opportunity worth exploring. Just minutes from world-class skiing, Lake Tahoe beaches, dining, and shopping, this Tahoe gem has the location buyers dream about!

803 Modesto Ave, South Lake Tahoe

$755,000

3 Beds ⋅ 3 Baths ⋅ 143533 MLS

Welcome to a beautifully cared-for 3-bedroom, 2.5-bath home in the heart of Lake Tahoe. Thoughtfully maintained and move-in ready, this inviting property offers a comfortable blend of mountain charm, modern convenience, and an ideal location.Enjoy easy access to nearby bike and hiking trails, making it simple to take advantage of Tahoe's spectacular natural surroundings year-round. The home is also conveniently located near a highly ranked school, adding to its appeal for families. With its well-maintained interiors, comfortable living spaces, and desirable setting, this home is a wonderful opportunity to enjoy the Tahoe lifestyle in a peaceful and convenient location.

1762 Arrowhead Ave, South Lake Tahoe

$779,000

3 Beds ⋅ 2 Baths ⋅ 143534 MLS

This well cared for 3 bedroom 2 bath rancher is located in the highly desirable Montgomery Estates neighborhood. Walk down the street to beautiful US Forest Lands, ride your bike to the nearby bike trails and be just 10 minutes to Heavenly Ski Resort, Lake Tahoe and beaches, schools, shopping, restaurants and casinos at Stateline, NV. Built in 1975, the home has had many updates over the years with recent updates of granite counters, brand new gas range and microwave, new bath vanities in both baths, interior paint, updated light fixtures,and wood laminate flooring throughout. As you enter the front foyer, there is a spacious step-down living room with built in fireplace, brick hearth and mantle, and wall of built-in bookcases. Down the hall is an adorable, cozy, family room/den with freestanding wood burning stove, wood vaulted ceiling with skylight and dining area all open to the kitchen. The primary suite faces the backyard and has sliding glass doors to its own private deck. There is abundant closet space and the master bath has a new double vanity and large shower stall and wood accented dormer window. The second bedroom also faces the backyard with sliding glass doors to another private back deck and third bedroom has wood accents in the ceiling. Off of the kitchen is a laundry room with newer gas water heater, and door leading to the spacious 2 car garage with many built-in storage closets. The yard is fully fenced and plenty of room for parking with 2 cars in the attached garage as well as room for at least 4 cars on the driveway. There is also plenty of room to park your RV or boat.This move-in condition home has lots of Tahoe feel and would make a wonderful primary or second home.

3112 Deer Trl, 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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