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5 homes in South Lake Tahoe

Homes for Sale in South Lake Tahoe, CA

3535 Lake Tahoe 505
3535 Lake Tahoe 505 photo 2
1 / 20

$1,185,000

FOR SALE

3535 Lake Tahoe 505, South Lake Tahoe, CA 96150

3 beds · 2 baths · 1,445 sqft

644 Tata
644 Tata photo 2
1 / 20

$1,899,000

FOR SALE

644 Tata, South Lake Tahoe, CA 96150

5 beds · 4 baths · 3,406 sqft

2366 Highlands Drive
2366 Highlands Drive photo 2
1 / 20
VIRTUAL TOUR

$2,488,888

FOR SALE

2366 Highlands Drive, South Lake Tahoe, CA 96150

7 beds · 8 baths · 4,580 sqft

1528 Chippewa Street
1528 Chippewa Street photo 2
1 / 31

$1,428,000

FOR SALE

1528 Chippewa Street, South Lake Tahoe, CA 96150

5 beds · 3 baths · 2,907 sqft

1387 Matheson DR
1387 Matheson DR photo 2
1 / 11

$685,000

FOR SALE

1387 Matheson Dr, South Lake Tahoe, CA 96150

4 beds · 2 baths · 1,376 sqft

  1. Topfind
  2. California
  3. South Lake Tahoe Homes for Sale

About South Lake Tahoe, CA Real Estate

South Lake Tahoe, California
Photo via Wikipedia (CC BY-SA)

South Lake Tahoe is the most populous city in El Dorado County, California, United States, in the Sierra Nevada mountains. The city's population was 21,330 at the 2020 census, down from 21,403 at the 2010 census. The city, along the southern edge of Lake Tahoe, extends about 5 miles (8 km) west-southwest along U.S. Route 50, also known as Lake Tahoe Boulevard. The east end of the city, on the California–Nevada state line right next to the town of Stateline, Nevada, is mainly geared towards tourism, restaurants, hotels, and Heavenly Mountain Resort with the Nevada casinos just across the state line in Stateline. The western end of town is mainly residential, and clusters around "The Y", the intersection of US 50, State Route 89, and the continuation of Lake Tahoe Boulevard after it loses its federal highway designation.

South Lake Tahoe is a resort city on the California-Nevada border. Features Heavenly ski resort, stunning lake recreation, and casino access.

Today, South Lake Tahoe has 5 homes for sale at a median price of $1,428,000, typically selling in about 113 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.

Top Rated Schools in South Lake Tahoe

Powered by the Topfind School Score

  • 9Meyers Elementaryelementary
  • 7Sierra House Elementaryelementary
  • 6Tahoe Valley Elementaryelementary
  • 5Bijou Communityelementary
  • 5South Tahoe Highhigh school
  • 5South Tahoe Middleintermediate/middle/junior high

Why Live in South Lake Tahoe?

  • Lake Tahoe
  • Heavenly Resort
  • Casino access
  • Year-round recreation

Popular Neighborhoods in South Lake Tahoe

Tahoe KeysStatelineAl TahoeBijouSierra TractTahoe IslandGardner MountainMontgomery Estates

South Lake Tahoe Market Pulse

Topfind Market Read

Strong Buyer's Market

Buyers hold the edge right now. The typical home takes about 113 days to sell, and 100% of current listings have been up for more than 30 days. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.

Buyer leverageBalancedSeller leverage

Median Home Price

$1.43M

Chart shows the median closed sale price by month

$2.4M$1.7M$1.1M$451.8K
Sep 25
Apr 26

Sales Velocity

How fast homes are selling

Slow
FastSlow0d15d30d45d60d75d90d113days on market

Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Aging Inventory

A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.

New
Active
Aging
Stale
30-day mark0 listings<7 days0 listings7-30 days2 listings30-60 days3 listings60+ days← Selling fastSitting longer →
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in South Lake Tahoe

Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.

HomeownersRenters

46%

Homeowners

54%

Renters

Homeownership is 9.5 points lower than the California average (55.5%)

Higher renter rates typically mean more rental inventory and neighborhood turnover.

9,264 households (2023)

Median Price by Bedroom

Home prices generally rise with bedroom count, though not every step adds value.

3 Bed
$1.2M
4 Bed
$685K
5 Bed
$1.7M
7 Bed
$2.5M

Each additional bedroom adds about $435K in value on average, with larger homes seeing bigger price jumps.

Largest increase: 4 → 5 bedrooms (+$979K)

Price Reductions

High Activity
1

1 listings have reduced their price

20% of active listings

Average reduction: 7.8% (~$111K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.

Have questions about South Lake Tahoe?

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Explore Nearby Cities

Browse homes for sale in cities near South Lake Tahoe

Tahoe VistaStrawberryPinecrestArnoldCold SpringsLong BarnMurphysGrass ValleyMi Wuk VillageEl Dorado HillsTwain HarteColumbia

Frequently Asked Questions about Homes for Sale in South Lake Tahoe, CA

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