Set in the heart of South Lake Tahoe, this is an excellent investment opportunity! Three units – a one bedroom/one bathroom, two bedroom/one bathroom and a three bedroom/two bathroom. Owned by the same family since the beginning, this property has an excellent track record as a rental. Fenced in the front and back, with a large parking area and decks in the front and back – the smaller units are on the lower level while the three bedroom encompasses the entire upper level. The neighboring lot, 2491 Ponderosa Street, is also for sale – creating even more potential. Centrally located on the bike path, just a short stroll to the meadow and shores of Lake Tahoe and minutes to world-class-skiing, the casinos and all that the area has to offer.
Property Details
Price:
$700,000
MLS #:
142598
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Neighborhood:
highlandwoods
Listed Date:
Mar 13, 2026
Finished Sq Ft:
2,750
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1959
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2493 Ponderosa Street South Lake Tahoe CA
- NeighborhoodHighland Woods
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Mar 16, 2026
13
Multi Family Listed
116
Avg DOM
416
Avg $ / SqFt
$1,042,500
Avg List Price
Property Summary
- 2493 Ponderosa Street South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $700,000
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Courtesy of Chris Hernandez 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. 2493 Ponderosa Street
South Lake Tahoe, CA
