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$2,896,000
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Property Description
New construction 5-unit multifamily in the heart of South Lake Tahoe, just steps from Heavenly Village. One of the last rare opportunities to own a newly built multifamily property in this prime, walkable location with no HOA.This prime investment is ideally situated within a 5-minute walk to Heavenly Gondola, shopping, dining, casinos, hiking and biking trails, and Tahoe's best entertainment. The new Convention Center is approximately a 14-minute walk, and Lake Tahoe beaches are just a 5-minute drive away. Truly everything Tahoe has to offer is right outside your door.Designed and built by SHEMSS, each of the five units showcases modern luxury finishes, timeless architecture, and thoughtful design. Interiors feature micro-cement walls and ceilings for a sleek, durable, high-end aesthetic, shadow-reveal detailing with integrated LED lighting, and European-style cabinetry and finishes. Every unit offers its own unique design identity while maintaining a cohesive, upscale feel.This property presents an exceptional opportunity for investors, family trusts, or multi-generational ownership, as well as those seeking a high-demand rental asset in one of Tahoe's most desirable locations. Strong lifestyle appeal combined with premier proximity makes this an ideal long-term hold.A rare blend of location, new construction, design, and income potentialthis opportunity is truly one of a kind in South Lake Tahoe.
Full Property Details
Full Property Details for 1057 Fern Rd
General
- Price: $2,896,000
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 142407
- Updated: 12/26/2025
- Added to Site: 24 day(s) ago
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Carport Spaces: 2
- Total Spaces: 10
Location
- Area: Stateline
- County: El Dorado
- Subdivision: Lakeside Park
- Cross Streets: MONTREAL RD
- Driving Directions: From Hwy 50 Right On Pioneer Trl, Right On Echo Rd, L On Primrose Rd, Right On Fern Rd, Property Will Be On The Right
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
- Water Heater: Natural Gas
Utilities
- Utility Description: NaturalGasAvailable, Water Meter
Structural Information
- Construction Status: Wood Frame, Stucco, Wood Siding
- Construction: Wood Frame, Stucco, Wood Siding
- Foundation: Slab
- Roof: Shingle, Metal
- Windows/Doors: Double Pane, Metal Frame
- Entry Location: One Story, Two Story
- Stories/Levels: One Story,Two Story
- Year Built: 2026
Unit Information
Unit 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Total Bathrooms: 3
- Bedrooms: 3
Unit 3
- Total Bathrooms: 3
- Bedrooms: 3
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Source: Tax Data
- Zoning: Multi-Family
Green Features
- Green Features: High Efficiency Furnace, Low E Windows, Energy Star Appliance, HERS Rated, Radiant Barrier, Radiant Heat, On Demand H2O Heater
Financial Considerations
- Price Per Sq. Ft.: $504.27
- Price Per Acre: $12,591,304.35
Disclosures and Reports
- CC&Rs: Yes
Get Pre-Approved Today
Schools
Schools serving 1057 Fern Rd
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Sierra House Elementary School 1709 Remington Trail, South Lake Tahoe, CA 96150 | K-5 | 3.3 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 2.1 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 4.9 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 1057 Fern Rd
Date
Details
Price
Change
Source
12/26/2025
Listed
$2,896,000
286.13%
MLS
10/27/2022
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1057 Fern Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,937
418%
$1,260,100
394%
2023
$2,693
—
$255,000
2%
2023
$2,693
400%
$250,000
439%
2022
$539
2%
$46,388
2%
2021
$530
2%
$45,479
1%
2020
$522
—
$45,013
2%
2019
$520
2%
$44,131
2%
2018
$508
2%
$43,266
2%
2017
$500
2%
$42,418
2%
2016
$490
1%
$41,587
2%
2015
$485
4%
$40,963
2%
2014
$465
—
$40,161
—
2013
$463
—
$39,981
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1057 Fern Rd
1057 Fern Road, South Lake Tahoe, CA 96150 (MLS# 142407) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1057 Fern Road is currently listed for $2,896,000 and was received on December 26, 2025. Want to learn more about 1057 Fern Road? Do you have questions about finding other Multi-Family 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.

