New construction 5-unit multifamily in the heart of South Lake Tahoe, just steps from Heavenly Village. One of the last rare opportunities to own a newly built multifamily property in this prime, walkable location with no HOA.This prime investment is ideally situated within a 5-minute walk to Heavenly Gondola, shopping, dining, casinos, hiking and biking trails, and Tahoe’s best entertainment. The new Convention Center is approximately a 14-minute walk, and Lake Tahoe beaches are just a 5-minute drive away. Truly everything Tahoe has to offer is right outside your door.Designed and built by SHEMSS, each of the five units showcases modern luxury finishes, timeless architecture, and thoughtful design. Interiors feature micro-cement walls and ceilings for a sleek, durable, high-end aesthetic, shadow-reveal detailing with integrated LED lighting, and European-style cabinetry and finishes. Every unit offers its own unique design identity while maintaining a cohesive, upscale feel.This property presents an exceptional opportunity for investors, family trusts, or multi-generational ownership, as well as those seeking a high-demand rental asset in one of Tahoe’s most desirable locations. Strong lifestyle appeal combined with premier proximity makes this an ideal long-term hold.A rare blend of location, new construction, design, and income potentialthis opportunity is truly one of a kind in South Lake Tahoe.
Property Details
Price:
$2,896,000
MLS #:
142407
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
stateline
Listed Date:
Dec 26, 2025
Finished Sq Ft:
5,743
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1057 Fern Road South Lake Tahoe CA
- NeighborhoodStateline
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Jan 01, 2026
12
Multi Family Listed
118
Avg DOM
470
Avg $ / SqFt
$1,109,292
Avg List Price
Property Summary
- 1057 Fern Road South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $2,896,000
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Courtesy of Nataliya Shemyakin of eXp Realty of California. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. South Tahoe Association of Realtors. All rights reserved. 1057 Fern Road
South Lake Tahoe, CA








































