This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$525,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property Description
Calling all Investors:1516 Glenwood Way is the kind of South Lake Tahoe opportunity investors watch for but rarely find: a centrally located property with strong upside potential, solid fundamentals, and multiple exit strategies. Set on a quiet street just minutes from Heavenly, the lake, and year‑round recreation, this home offers the perfect canvas for value‑add improvementswhether cosmetic, structural, or full redevelopment.The lot is spacious and sun‑filled, surrounded by mature pines and mountain views, giving future guests or tenants that signature Tahoe experience. Inside, the property is already mid‑renovation, allowing investors to step directly into a project without demo costs and shape the layout to maximize rental performance or long‑term equity.With South Lake Tahoe's high demand for updated inventoryboth for full‑time residents and seasonal visitors1516 Glenwood Way positions you to capitalize on strong appreciation trends, flexible rental potential, and a market hungry for modernized homes.For investors seeking a project with clear upside, a prime location, and the freedom to build value from the ground up, Glenwood Way is a standout opportunity.Buyers to do there due dillegence for size and accuracy of information.
Full Property Details
Full Property Details for 1516 Glenwood Way
General
- Price: $525,000
- Status: Active
- Type: Single Family
- Source: South_Tahoe_MLS
- MLS ID: 143253
- Updated: 7/24/2026
- Added to Site: 4 day(s) ago
Interior
- Fireplace(s): Freestanding, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: Other - See Remarks
- Other Room 1: Living/Dining Combo
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Garage Description: Attached
Location
- Area: Bijou 1
- County: El Dorado
- Subdivision: Bijou Park
- Cross Streets: Glenwood Way
- Driving Directions: On Glenwood Way
Heating & Cooling
- Heating Type: Fireplace, Other (See Remarks)
- Water Heater: Natural Gas
Structural Information
- Construction: Wood Siding
- Foundation: Slab
- Roof: Composition
- Windows: Other/See Remarks
- Windows/Doors: Other/See Remarks
- Square Feet: 1,450
- Year Built: 1960
Lot Features
- Property View: Meadow
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Assessor
- Grounds/Landscape: Natural
Financial Considerations
- Price Per Sq. Ft.: $362.07
- Price Per Acre: $3,750,000
Disclosures and Reports
- APN: 25405004000
Get Pre-Approved Today
Schools
Schools serving 1516 Glenwood Way
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Bijou Community School 3501 Spruce Avenue, South Lake Tahoe, CA 96150 | K-5 | 0.7 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 0.9 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 3.2 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 1516 Glenwood Way
Date
Details
Price
Change
Source
7/23/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1516 Glenwood Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,427
22%
$541,215
2%
2023
$6,072
—
$530,604
2%
2023
$6,072
-15%
$520,200
2%
2022
$7,142
344%
$510,000
406%
2021
$1,607
5%
$100,695
1%
2020
$1,527
32%
$99,664
2%
2019
$1,158
2%
$97,710
2%
2018
$1,134
2%
$95,795
2%
2017
$1,117
2%
$93,917
2%
2016
$1,095
1%
$92,076
2%
2015
$1,084
4%
$90,695
2%
2014
$1,042
—
$88,921
—
2013
$1,039
—
$88,521
—
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 1516 Glenwood Way
1516 Glenwood Way, South Lake Tahoe, CA 96150 (MLS# 143253) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1516 Glenwood Way is currently listed for $525,000 and was received on July 23, 2026. Want to learn more about 1516 Glenwood Way? 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.

