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$1,199,000
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Property Description & Video
1251 Margaret Avenue, South Lake Tahoe, CAVideo Tour of 1251 Margaret Avenue, South Lake Tahoe, CA.
Fully Furnished and Move-In Ready! Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted modern mountain home offers a rare combination of new construction, smart-home features, and effortless ownership within South Lake Tahoe City limits. Designed for today's lifestyle, the home delivers energy efficiency, quality craftsmanship, and low-maintenance living in one of South Lake Tahoe's most evolving residential areas.Clean architectural lines, vaulted ceilings, and a mountain contemporary design create a bright, open feel throughout. Curated furnishings and kitchenware from Pottery Barn, custom window dressings, and linens make the home feel immediately welcoming, with furnishings available for a smooth transition into ownership.Built with defensible space features and a passing certificate to support insurance requirements, this property reflects thoughtful planning for mountain living. A Generac generator provides dependable backup power, and the attached 2-car garage easily accommodates larger vehicles, ideal for year-round Tahoe access. Perfectly positioned next to a wooded vacant lot, the fully fenced yard with a custom privacy fence creating an ideal space for pets, children, entertaining, and relaxed outdoor living.Located in the up-and-coming neighborhood known as "The Y,'' the area continues to gain momentum with new local shops, improved amenities, and direct access to outdoor recreation. From the doorstep, enjoy nearby trail systems and an easy E-bike ride to Lake Tahoe and Kiva Beach, blending convenience with the best of Tahoe's natural setting.Set in a convenient South Lake Tahoe location, the home offers a quieter mountain setting during peak ski season while still being just minutes from Heavenly Mountain Resort.This allows for quick, easy access to the slopes without being in the center of resort traffic. An ideal balance of access and retreat, where ski days are effortless and home feels peaceful upon return.Surrounded by year-round recreation including skiing, hiking, biking, and lake activities, this property delivers a true Tahoe lifestyle. Enjoy the benefits of newer construction without the wait times, contractor coordination, renovation costs, or uncertainty often associated with older mountain properties.A rare opportunity combining elevated design and move-in-ready convenience in one exceptional Tahoe home positioned to enjoy nature while remaining close to favorite local coffee shops, breweries, bakeries, pizza spots, rock climbing gym, and the lake.
Full Property Details
Full Property Details for 1251 Margaret Ave
General
- Price: $1,199,000
- Status: Active
- Type: Single Family
- Source: South_Tahoe_MLS
- MLS ID: 142635
- Updated: 6/15/2026
- Added to Site: 108 day(s) ago
Interior
- Fireplace(s): Gas, Insert
- Counters: Natural Stone, Quartz
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Partial Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Yes
- Bedroom 1: Primary Bath, Double Sinks, Stall Shower, Nat Stone Counter, Nat Stone Flooring
Other Rooms
- Kitchen: Garbage Disposal, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range, Single Oven
- Laundry: Laundry Room
- Other Room 1: Living/Dining Combo, Entry/Foyer, Upstairs Living
Additional Information
- Other Features: Furnished per Inventory
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: Attached
Location
- Area: Y Area
- County: El Dorado
- Subdivision: Unavail
- Cross Streets: F Street
Heating & Cooling
- Heating Type: Forced Air, Natural Gas, Electric, Fireplace
Utilities
- Utility Description: ElectricityAvailable, NaturalGasAvailable, Cable TV, Telephone
Structural Information
- Construction: Wood Frame, Wood Siding
- Foundation: Concrete/Crawl Space
- Roof: Composition
- Windows: Other/See Remarks
- Windows/Doors: Other/See Remarks
- Square Feet: 1,825
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Assessor
- Grounds/Landscape: Trees, Natural
- Zoning: Single Family
Green Features
- Green Features: On Demand H2O Heater
Financial Considerations
- Price Per Sq. Ft.: $656.99
- Price Per Acre: $9,991,666.67
Disclosures and Reports
- CC&Rs: Yes
- APN: 32282017000
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Schools
Schools serving 1251 Margaret Ave
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Bijou Community School 3501 Spruce Avenue, South Lake Tahoe, CA 96150 | K-5 | 3.5 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 2.8 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1251 Margaret Ave
Date
Details
Price
Change
Source
6/04/2026
Price Reduced
$1,199,000
-4%
MLS
3/25/2026
Listed
$1,249,000
42.74%
MLS
11/29/2023
Sold
$875,000
—
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 1251 Margaret Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,252
197%
$892,500
2%
2023
$3,120
—
$875,000
204%
2023
$3,120
287%
$287,828
303%
2022
$806
2%
$71,400
2%
2021
$794
530%
$70,000
778%
2020
$126
1%
$7,974
2%
2019
$125
2%
$7,818
2%
2018
$123
2%
$7,665
2%
2017
$121
2%
$7,515
2%
2016
$119
2%
$7,368
2%
2015
$117
4%
$7,258
2%
2014
$112
—
$7,117
—
2013
$112
—
$7,086
—
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 1251 Margaret Ave
1251 Margaret Avenue, South Lake Tahoe, CA 96150 (MLS# 142635) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1251 Margaret Avenue is currently listed for $1,199,000 and was received on March 25, 2026. Want to learn more about 1251 Margaret Avenue? Do you have questions about finding other Single 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.

