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$399,000 Just Listed
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Property Description
FIXER UPPER ON 0.27 ACRES | SOUTH LAKE TAHOE | INVESTMENT OPPORTUNITYCalling all investors!! This home is a blank slate with incredible potential.Check out this 3 bed, 2 bath in the City limits of this gorgeous mountain town. Excellent opportunity for investors, flippers, vacation home buyers, or anyone looking to create their own Mountain Retreat! Being sold as-is, this property is ready for someone with vision to transform it into a primary residence, rental property, or weekend getaway.This lot offersa storage shed andan unpermitted guest house. The area offers easy access to Lake Tahoe, endless amount of fun trails, and close proximity to Heavenly Ski Resort, restaurants and shopping. The fun never has to end any time of year.This rare double lot property is ready for someone with vision to bring it back to life.Don't miss your chance to transform this house into a home or investment that truly reflects your vision.*CASH ONLY - Proof of funds letter must accompany all offers.
Full Property Details
Full Property Details for 980 Tahoe Island Dr
General
- Price: $399,000
- Status: Active
- Type: Single Family
- Source: South_Tahoe_MLS
- MLS ID: 143375
- Updated: 8/21/2026
- Added to Site: 3 day(s) ago
Interior
- Fireplace(s): Wood
- Counters: Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Yes
Other Rooms
- Kitchen: Refrigerator Blt-in, Dishwasher Built-in, Gas Range
- Laundry: Hall Closet
- Other Room 1: Office/Den
Exterior
- Exterior Features: Storage Shed, Other (See Remarks)
Parking
- Garage: Yes
- Garage Description: None
Location
- Area: Tahoe Island Drive
- County: El Dorado
- Subdivision: Tahoe Island Park 3
- Cross Streets: Washington
Utilities
- Utility Description: ElectricityAvailable, NaturalGasAvailable, Water Meter
Structural Information
- Construction: Wood Frame
- Windows: Double Pane
- Windows/Doors: Double Pane
- Square Feet: 1,152
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size Source: Assessor
- Grounds/Landscape: Natural
Financial Considerations
- Price Per Sq. Ft.: $346.35
- Price Per Acre: $1,477,777.78
Disclosures and Reports
- APN: 23687004000
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Schools
Schools serving 980 Tahoe Island Dr
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 | 0.1 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 1.9 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 1 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 980 Tahoe Island Dr
Date
Details
Price
Change
Source
8/19/2026
Listed
$399,000
—
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 980 Tahoe Island Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,735
7%
$156,355
2%
2023
$1,618
—
$153,290
2%
2023
$1,618
1%
$150,286
2%
2022
$1,601
2%
$147,340
2%
2021
$1,576
1%
$144,452
1%
2020
$1,553
1%
$142,971
2%
2019
$1,544
2%
$140,169
2%
2018
$1,509
2%
$137,422
2%
2017
$1,484
2%
$134,729
2%
2016
$1,454
1%
$132,089
2%
2015
$1,437
4%
$130,107
2%
2014
$1,379
—
$127,560
—
2013
$1,375
—
$126,985
—
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 980 Tahoe Island Dr
980 Tahoe Island Drive, South Lake Tahoe, CA 96150 (MLS# 143375) is a Single Family property with 3 bedrooms and 2 full bathrooms. 980 Tahoe Island Drive is currently listed for $399,000 and was received on August 19, 2026. Want to learn more about 980 Tahoe Island Drive? 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.

