Fully Furnished and Move-In Ready! Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted modern mountain home offers a rare combination of new construction, smart-home features, and effortless ownership within South Lake Tahoe City limits. Designed for today’s lifestyle, the home delivers energy efficiency, quality craftsmanship, and low-maintenance living in one of South Lake Tahoe’s most evolving residential areas.Clean architectural lines, vaulted ceilings, and a mountain contemporary design create a bright, open feel throughout. Curated furnishings and kitchenware from Pottery Barn, custom window dressings, and linens make the home feel immediately welcoming, with furnishings available for a smooth transition into ownership.Built with defensible space features and a passing certificate to support insurance requirements, this property reflects thoughtful planning for mountain living. A Generac generator provides dependable backup power, and the attached 2-car garage easily accommodates larger vehicles, ideal for year-round Tahoe access. Perfectly positioned next to a wooded vacant lot, the fully fenced yard with a custom privacy fence creating an ideal space for pets, children, entertaining, and relaxed outdoor living.Located in the up-and-coming neighborhood known as "The Y,” the area continues to gain momentum with new local shops, improved amenities, and direct access to outdoor recreation. From the doorstep, enjoy nearby trail systems and an easy E-bike ride to Lake Tahoe and Kiva Beach, blending convenience with the best of Tahoe’s natural setting.Set in a convenient South Lake Tahoe location, the home offers a quieter mountain setting during peak ski season while still being just minutes from Heavenly Mountain Resort.This allows for quick, easy access to the slopes without being in the center of resort traffic. An ideal balance of access and retreat, where ski days are effortless and home feels peaceful upon return.Surrounded by year-round recreation including skiing, hiking, biking, and lake activities, this property delivers a true Tahoe lifestyle. Enjoy the benefits of newer construction without the wait times, contractor coordination, renovation costs, or uncertainty often associated with older mountain properties. A rare opportunity combining elevated design and move-in-ready convenience in one exceptional Tahoe home positioned to enjoy nature while remaining close to favorite local coffee shops, breweries, bakeries, pizza spots, rock climbing gym, and the lake.
Property Details
Price:
$1,249,000
MLS #:
142635
Status:
Active
Beds:
3
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
yarea
Listed Date:
Mar 25, 2026
Finished Sq Ft:
1,825
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
2023
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1251 Margaret Avenue South Lake Tahoe CA
- NeighborhoodY Area
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Single Family in South Lake Tahoe as of Jun 03, 2026
163
Single Family Listed
83
Avg DOM
544
Avg $ / SqFt
$1,275,747
Avg List Price
Property Summary
- 1251 Margaret Avenue South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,249,000 and features 3 beds, 3 baths, and has approximately 1,825 square feet of living space, and was originally constructed in 2023. The current price per square foot is $684. The average price per square foot for Single Family listings in South Lake Tahoe is $544. The average listing price for Single Family in South Lake Tahoe is $1,275,747.
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Courtesy of Jessica Crase of Compass. 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. 1251 Margaret Avenue
South Lake Tahoe, CA
