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$570,000
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Property Description
This centrally located triplex offers a unique combination of affordability, convenience, and income potential in the heart of South Lake Tahoe. Situated just minutes from the lake, Heavenly Ski Resort, and the excitement of the Stateline casinos, the property is perfectly positioned for both daily living and steady rental demand. Each of the three units is comfortable and practical, allowing an owner to live in one while renting out the others, or hold all three as a reliable investment. The central location puts everything Tahoe is known forworld-class skiing, outdoor recreation, dining, and entertainmentright at your doorstep, creating an attractive option for tenants and owners alike. Rarely does an opportunity come along that blends lifestyle and investment so seamlessly, making this triplex a smart and versatile addition to any portfolio.
Full Property Details
Full Property Details for 1014 Shepherds Dr
General
- Sold For: $570,000
- Status: Closed
- Type: Triplex
- Source: South_Tahoe_MLS
- MLS ID: 142235
- Added to Site: 106 day(s) ago
Parking
- Carport Spaces: 1
- Total Spaces: 3
Location
- Area: Stateline
- County: El Dorado
- Subdivision: Pinewood Heights
- Cross Streets: Pioneer Trail
- Driving Directions: Pioneer to Shepherds apartments on R.
Heating & Cooling
- Heating Type: Natural Gas, Wall or Space Heater, Fireplace
- Water Heater: Electric
Utilities
- Utility Description: NaturalGasAvailable
Structural Information
- Construction Status: Wood Frame
- Construction: Wood Frame
- Foundation: Concrete/Crawl Space
- Roof: Asphalt, Shingle
- Windows/Doors: Single Pane
- Entry Location: One Story
- Stories/Levels: One Story
- Year Built: 1958
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Source: Tax Data
Financial Considerations
- Price Per Sq. Ft.: $345.04
- Price Per Acre: $5,181,818.18
- Terms: FHA
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Schools
Schools serving 1014 Shepherds Dr
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Sierra House Elementary School 1709 Remington Trail, South Lake Tahoe, CA 96150 | K-5 | 3 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 1.7 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1014 Shepherds Dr
Date
Details
Price
Change
Source
12/05/2025
Sold
$570,000
—
MLS
10/04/2025
Listed
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1014 Shepherds Drive, South Lake Tahoe, CA 96150 (MLS# 142235) is a Triplex property that was sold at $570,000 on December 05, 2025. Want to learn more about 1014 Shepherds Drive? Do you have questions about finding other Triplex real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.

