3397 Beaver Brae South Lake Tahoe CA 96150 MLS #142220

Rare Riverfront Retreat in Christmas Valley on 3/4 Acre Lot with Detached Guest Quarters.Welcome to your private mountain sanctuary on the North Upper Truckee River, a truly rare and unique offering nestled in the peaceful Christmas Valley neighborhood of South Lake Tahoe. Step out your back door to enjoy direct beach access and trout fishing from your own private stretch of riverfront. Soak in the serenity from your spacious, newly constructed deck overlooking the backyard and tranquil pond with a water feature.The main residence features 5 bedrooms, 3 bathrooms, and charming custom architecture filled with energetic warmth and thoughtful design. With a flexible layout ideal for full-time living, vacation use, or rental income. The striking foyer welcomes you with a grand two-tiered staircase and custom alder woodwork throughout. The main level features a formal dining room, living room with backyard views, a bright kitchen with a breakfast nook, one out of the five bedrooms and an additional flex space which could be used as a music room, family room, or formal sitting area.Upstairs, the octagon-shaped primary suite is bathed in natural light, with dual closets (including a spacious walk-in) and a spa-like bathroom featuring a steam shower. Three additional bedrooms, including one with a cozy bay window seat, provide ample space for guests or family.A detached 1-bed, 1-bath guest house sits right on the riverbank, a serene escape for guests or a proven income-generating hosted rental that has produced $30,000+ in annual gross revenue.Other features include: Wraparound covered deck Two-car garage + RV/boat parking Whole-house generator transfer switch High-pitched roof with enormous attic space potential for third-story living Walk-in pantry and separate laundry room And More! Located just 11 miles to Heavenly California Lodge, 12 miles to Sierra-at-Tahoe, and 23 miles to Kirkwood for world class skiing. Also, there are miles of mountain bike and hiking trails right from your doorstep. This is a true four-season basecamp for outdoor enthusiasts.Don’t miss this once in a lifetime opportunity to own a riverfront estate with income potential, abundant space, and timeless mountain charm.