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Property Description
Rare Lake Tahoe Investment Opportunity Chalet Cabin + Duplex on One Lot.Superb location just 1 block from Lake Tahoe and Regan Beach.Live the Tahoe lifestyle while generating income! This exceptional property features a beautifully remodeled 3-bedroom chalet-style cabinplus a separate duplex with two 1-bedroom units all on a single lot.✨ Property Highlights: Charming 3-Bedroom CabinRecently remodeled with stunning knotty pine ceilings, luxury vinyl plank flooring, and high-end finishes throughouto Taj Mahal Quartzite countertopso Kohler Whitehaven farmhouse sink with touchless fauceto Premium stainless steel applianceso Tankless hot water heater for energy efficiency DuplexTwo 1-bedroom units ideal for long- or short-term rental incomeo Shared laundry roomo EV charging station and storage shed included🏡 Location Perfection:Enjoy the best of South Lake Tahoe just steps from your door! Walkable to Lake Tahoe (1 block), popular restaurants, live music venues, and shops Adjacent to the brand-new Recreation Center featuring a pool, ice rink, library, senior center, and community clubs Close to the bike path for outdoor adventures year-round🎿 Outdoor Access: Just 3.2 miles to Heavenly Ski Resort Less than 40 miles to 9 world-class ski resorts Under 60 miles to Reno/Tahoe International AirportUse the front cabin as your private mountain retreat while renting out the two back units to offset your mortgage for a high-yield vacation & rental compound.A unique blend of luxury, location, and lifestyle don't miss this rare multi-unit gem in the heart of Tahoe!📞 Schedule your private tour today!Please check out the YouTube video and 360 Virtual Tour using the links or QR Codes
Full Property Details
Full Property Details for 841 Merced Ave #1-3
General
- Price: $1,085,000
- Taxes: $13,512
- Status: Active
- Type: Triplex
- Source: South_Tahoe_MLS
- MLS ID: 142038
- Updated: 1/6/2026
- Added to Site: 184 day(s) ago
Rooms
Other Rooms
- Laundry: Common
Parking
- Total Spaces: 7
Location
- Area: Al Tahoe
- County: El Dorado
- Subdivision: Al Tahoe 1
- Cross Streets: Sacramento
- Driving Directions: Lakeview to Sacramento, right on Merced
Heating & Cooling
- Heating Type: Natural Gas, Wall or Space Heater, Fireplace
- Water Heater: Natural Gas, Other/See Remarks
Utilities
- Utility Description: NaturalGasAvailable, Cable TV, Telephone
Structural Information
- Construction Status: Wood Frame, Wood Siding
- Construction: Wood Frame, Wood Siding
- Foundation: Concrete/Crawl Space
- Roof: Pitched, Composition
- Windows/Doors: Double Pane, Vinyl Frame
- Entry Location: One Story, Two Story
- Stories/Levels: One Story,Two Story
- Year Built: 1964
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Source: Tax Data
- Zoning: Commercial
Green Features
- Green Features: On Demand H2O Heater
Financial Considerations
- Price Per Sq. Ft.: $504.18
- Price Per Acre: $9,041,666.67
- Tax Amount: $13,512
Get Pre-Approved Today
Schools
Schools serving 841 Merced Ave #1-3
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Bijou Community School 3501 Spruce Avenue, South Lake Tahoe, CA 96150 | K-5 | 1.3 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 0.7 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 2.9 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 841 Merced Ave #1-3
Date
Details
Price
Change
Source
11/02/2025
Price Reduced
$1,085,000
-2.69%
MLS
8/31/2025
Price Reduced
$1,115,000
-5.11%
MLS
7/18/2025
Listed
$1,175,000
46.97%
MLS
9/28/2021
Sold
$799,500
—
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 841 Merced Ave #1-3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,434
7%
$848,434
2%
2023
$8,791
—
$831,799
2%
2023
$8,791
1%
$815,490
2%
2022
$8,705
103%
$799,500
108%
2021
$4,284
—
$385,000
—
2020
$4,265
-1%
$385,000
—
2019
$4,326
—
$385,000
—
2018
$4,313
—
$385,000
—
2017
$4,328
11%
$385,000
12%
2016
$3,889
4%
$345,000
5%
2015
$3,730
3%
$329,000
—
2014
$3,636
37%
$329,000
42%
2013
$2,645
—
$232,000
—
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 841 Merced Ave #1-3
841 Merced Avenue #1-3, South Lake Tahoe, CA 96150 (MLS# 142038) is a Triplex property with 0 bedrooms and 0 full bathrooms. 841 Merced Avenue #1-3 is currently listed for $1,085,000 and was received on July 18, 2025. Want to learn more about 841 Merced Avenue #1-3? 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.

