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$1,249,000
9 Days On Site

1251 Margaret Avenue
South Lake Tahoe, CA96150

For Sale|Single Family Residence|Active
3
Beds
2.5
Total Baths
2
Full Baths
1
Partial Bath
1,825
SqFt
$684
/SqFt
2023
Built
Subdivision:
Unavail
County:
El Dorado
Call Now: 916.218.4500
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916.218.4500
1251 Margaret Avenue1251 Margaret Avenue1251 Margaret Avenue1251 Margaret Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$5,698
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted home offers a rare blend of modern mountain luxury, turnkey ease, and exceptional vacation rental and investment potential within South Lake Tahoe citylimits.Clean architectural lines, high-end finishes, a modern mountain contemporary aesthetic, and vaulted ceilings create a light-filled, inviting atmosphere throughout. Thoughtfully designed with living areas on both the upper and lower levels, the home offers effortless versatility for entertaining, unwinding, or hosting guests in comfort.Beautifully furnished with curated Pottery Barn pieces, luxury linens, and serveware, this truly turnkey home is offered move-in ready with furnishings negotiable for a seamless transition. Rental-ready and ideally positioned, it presents a compelling opportunity as either a sophisticated second home or a high-demand vacation rental with income potential.The spacious fully fenced backyard offers privacy and room to unwind, while the vacant lot directly behind enhances the sense of seclusion. A Generac generator provides dependable backup power throughout Tahoe's winter season, adding peace of mind to this thoughtfully appointed property. The attached 2-car garage is generously sized to accommodate large SUVs, offering everyday convenience and practicality.Surrounded by Tahoe's year-round natural beauty, the property offers easy access to nearby hiking trails and outdoor recreation, creating a seamless connection to the landscape and lifestyle that define this mountain destination. Located in the highly sought-after neighborhood known as The Y,'' where convenience and lifestyle come together, the home is just minutes from Heavenly Mountain Resort and close to boutique fitness studios, craft breweries, artisan coffee, restaurants, and everyday essentials. Spend your days along the shores of Lake Tahoe at nearby Kiva Beach, then return to the ease of a location that feels tucked away from the heavier casino- corridor traffic while remaining just a short ride from the dining and entertainment of Stateline and Heavenly Village.A rare offering, this beautifully furnished, rental-ready mountain retreat combines elevated design, turnkey ease, and exceptional Tahoe investment appeal.

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Listing Snapshot
Price 
$1,249,000
Days On Site 
9 Days
Bedrooms 
3
Inside Area (SqFt) 
1,825 sqft
Total Baths 
2.5
Full Baths 
2
Partial Baths 
1
Lot Size 
0.12 Acres
Year Built 
2023
MLS® Number 
142635
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
0.12
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Attached
Property Sub Type 
Single Family Residence
SqFt Total 
1825
Utilities 
Cable Available
Zoning 
Single Family
Interior Features
Appliances 
DishwasherGas RangeMicrowaveOvenDisposal
Basement 
Crawl Space
Heating 
ElectricForced AirNatural Gas
Interior 
Entrance FoyerPantry
Laundry Features 
Laundry Room
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Exterior Features
Patio And Porch 
Deck
Roof 
Composition

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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