Lapham Drive, South Lake Tahoe, CA 96150

$420,000
2
BD
2
BA
920
SqFt

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Sold Price
$420,000
List Price
$459,000
Status
CLOSED
MLS#
142551
Subdivision
Tallac Park
Days on Market
59
Closing Date
Apr 30, 2026
Year Built
1957
Bedrooms
2
Bathrooms
2
Acres
0.14
Living Area
920
Lot Size
6,098
Region
Tahoe Island Drive

Property Description

Rare chance to own a duplex in the desirable Tahoe Island neighborhood of South Lake Tahoe. Each unit has separate utility meters, providing flexibility for both investors and owner-occupants.Ideal for a buyer looking to live in one unit while offsetting the mortgage by renting the other, or for those seeking a long-term rental investment in a high-demand local housing market. The property provides income potential while still enjoying the benefits of homeownership in Tahoe.Conveniently located near shopping, restaurants, and bike paths, and just minutes to Lake Tahoe beaches and a short drive to Heavenly Ski Resort. The setting combines a residential neighborhood feel with easy access to year-round recreation.Ready for a new owner's personal touches and future improvements, offering the opportunity to build equity over time.A versatile property well-suited for full-time residents, second-home owners, or investors looking for a foothold in the Lake Tahoe Basin.

Additional Information

Utilities
Natural Gas Available
Roof
Pitched, Composition

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Bret W Howard and Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe. Contact:

Selling Office: EXP Sacramento.