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$1,450,000
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Property Description
Rare Riverfront Retreat in Christmas Valley on 3/4 Acre Lot with Detached Guest Quarters.Welcome to your private mountain sanctuary on the North Upper Truckee River, a truly rare and unique offering nestled in the peaceful Christmas Valley neighborhood of South Lake Tahoe. Step out your back door to enjoy direct beach access and trout fishing from your own private stretch of riverfront. Soak in the serenity from your spacious, newly constructed deck overlooking the backyard and tranquil pond with a water feature.The main residence features 5 bedrooms, 3 bathrooms, and charming custom architecture filled with energetic warmth and thoughtful design. With a flexible layout ideal for full-time living, vacation use, or rental income. The striking foyer welcomes you with a grand two-tiered staircase and custom alder woodwork throughout. The main level features a formal dining room, living room with backyard views, a bright kitchen with a breakfast nook, one out of the five bedrooms and an additional flex space which could be used as a music room, family room, or formal sitting area.Upstairs, the octagon-shaped primary suite is bathed in natural light, with dual closets (including a spacious walk-in) and a spa-like bathroom featuring a steam shower. Three additional bedrooms, including one with a cozy bay window seat, provide ample space for guests or family.A detached1-bed, 1-bath guest house sits right on the riverbank, a serene escape for guests or a proven income-generating hosted rental that has produced $30,000+ in annual gross revenue.Other features include: Wraparound covered deck Two-car garage + RV/boat parking Whole-house generator transfer switch High-pitched roof with enormous attic space potential for third-story living Walk-in pantry and separate laundry room And More! Located just 11 miles to Heavenly California Lodge, 12 miles to Sierra-at-Tahoe, and 23 miles to Kirkwood for world class skiing. Also, there are miles of mountain bike and hiking trails right from your doorstep. This is a true four-season basecamp for outdoor enthusiasts.Don't miss this once in a lifetime opportunity to own a riverfront estate with income potential, abundant space, and timeless mountain charm.
Full Property Details
Full Property Details for 3397 Beaver Brae
General
- Price: $1,450,000
- Status: Active
- Type: Single Family
- Source: South_Tahoe_MLS
- MLS ID: 142220
- Updated: 12/13/2025
- Added to Site: 132 day(s) ago
Interior
- Fireplace(s): Gas, Insert
- Counters: Tile, Granite
- Flooring: Carpet, Tile, Vinyl, Wood, Natural Stone
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: Yes
- Bedroom 1: Primary Bath, Double Sinks, Tile Counters, Steam Shower
Other Rooms
- Kitchen: Garbage Disposal, Pantry, Dishwasher Built-in, Gas Range
- Laundry: Laundry Room
- Other Room 1: Living/Dining Combo, Entry/Foyer, Family Room, Formal Dining, Guest Quarters
Exterior
- Exterior Features: Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can, Dog Run
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: Attached
Location
- Area: Christmas Valley 2
- County: El Dorado
- Subdivision: River Park Estates 2
- Cross Streets: Portal Dr
- Driving Directions: From HWY 88, turn on Portal Dr, Left on Beaver Brae, house is on left.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas, Fireplace
- Water Heater: Natural Gas
Utilities
- Utility Description: ElectricityAvailable, NaturalGasAvailable
Structural Information
- Construction: Wood Frame, Wood Siding
- Foundation: Concrete/Crawl Space
- Roof: Pitched, Composition, Shingle
- Windows: Double Pane, Vinyl Frame
- Windows/Doors: Double Pane, Vinyl Frame
- Square Feet: 2,753
- Year Built: 1993
Lot Features
- Property View: Mountains, River, Forest
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Lot Size Source: Assessor
- Grounds/Landscape: Natural
Financial Considerations
- Price Per Sq. Ft.: $526.7
- Price Per Acre: $1,933,333.33
Disclosures and Reports
- APN: 36545008000
Get Pre-Approved Today
Schools
Schools serving 3397 Beaver Brae
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Tahoe Valley Elementary School 943 Tahoe Island Drive, South Lake Tahoe, CA 96150 | K-5 | 7.5 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 8.7 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 6.5 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 3397 Beaver Brae
Date
Details
Price
Change
Source
12/13/2025
Price Reduced
$1,450,000
-3.01%
MLS
11/09/2025
Price Reduced
$1,495,000
-3.55%
MLS
10/09/2025
Price Reduced
$1,550,000
-3.12%
MLS
9/05/2025
Listed
$1,600,000
123.15%
MLS
3/10/2015
Sold
$717,000
—
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 3397 Beaver Brae
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,718
7%
$883,587
2%
2023
$9,052
—
$866,263
2%
2023
$9,052
1%
$849,278
2%
2022
$8,961
2%
$832,627
2%
2021
$8,818
1%
$816,302
1%
2020
$8,692
2%
$807,933
4%
2019
$8,517
2%
$779,982
2%
2018
$8,325
2%
$764,690
3%
2017
$8,141
2%
$744,991
2%
2016
$7,947
10%
$727,933
14%
2015
$7,257
4%
$640,664
2%
2014
$6,951
2%
$628,117
—
2013
$6,800
—
$625,280
—
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 3397 Beaver Brae
3397 Beaver Brae, South Lake Tahoe, CA 96150 (MLS# 142220) is a Single Family property with 5 bedrooms and 4 full bathrooms. 3397 Beaver Brae is currently listed for $1,450,000 and was received on September 05, 2025. Want to learn more about 3397 Beaver Brae? 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.

