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$984,000
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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
- Sold For: $984,000
- Taxes: $13,512
- Status: Closed
- Type: Triplex
- Source: South_Tahoe_MLS
- MLS ID: 142038
- Added to Site: 230 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.: $457.25
- Price Per Acre: $8,200,000
- Tax Amount: $13,512
- Terms: Cash to New Loan
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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
2/05/2026
Sold
$984,000
-9.31%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
841 Merced Avenue #1-3, South Lake Tahoe, CA 96150 (MLS# 142038) is a Triplex property that was sold at $984,000 on February 05, 2026. 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.

