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About This Home

This 2-bedroom, 1-bathroom condo at 1223 Bonanza Avenue in South Lake Tahoe, CA is listed for $269,000 ($320 per sqft). Built in 1965, the home offers 841 sqft of living space on a 0.02 acres lot.

Agent Description

Back on the market due to no fault of the seller. Here's is your lowest price 2 bedroom in South Lake Tahoe! Combined with the lowest HOA dues in town, equals affordable Lake Tahoe living. Possible Short Term Rental Opportunity! Fantastic affordable starter home or investment ski condo only 6 miles to Heavenly Ski Resort and ideally located in town within walking distance to many restaurants, retail shops, grocery stores and a climbing gym.

This 2 bedroom/1 bath unit has recently been upgraded with Mohawk Laminate flooring throughout, newly painted and is conveniently located on the ground floor. No worries about slippery steps in the winter! And the kids will love the Bonanza Neighborhood Park located just next to the complex with basketball hoops, an awesome play structure and lots of room to run around.

HOA dues include exterior building fire insurance, snow removal, parking, exterior maintenance, on-site laundry, mail boxes and unlimited hot water. Buyers encouraged to do their due diligence on the new STR rules and availability of permits. Home is being sold with furnishings included.

Key Features

  • Built in 1965
  • 0.02 acre lot

Property Details

1 full
#7
1965

Monthly Cost Estimate

$1,758/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,166
Insurance$78
HOA$319

Estimates only. Actual payments may vary.

Location

1223 Bonanza Avenue

South Lake Tahoe, CA 96150

Property Details

Flooring

Laminate

Construction

Wood Frame

Heating

Space HeaterElectric (Heating)

Questions & Answers

This 2-bedroom, 1-bathroom condo at 1223 Bonanza Avenue is listed at $269,000 ($320/sqft). The estimated monthly payment is $1,485 based on 20% down at 6.5% interest.

HOA fees are $319/month.

Key features include: Built in 1965, 0.02 acre lot.

This property is listed by Kimberly Cramer and can be reached at (310) 230-5478 or kathy@compass.com.

KC

Kimberly Cramer

Agent at Compass

(310) 230-5478

Listed by Compass · View on Broker Site

MLS# 142490· Source: listhub· Updated 121 days ago

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1223 Bonanza Avenue, South Lake Tahoe, CA 96150

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