About This Home

This 3-bedroom, 2-bathroom single family at 1516 Glenwood Way in South Lake Tahoe, CA is listed for $525,000 ($362 per sqft). Built in 1960, the home offers 1,450 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1960
  • 0.14 acre lot
  • Fireplace

Property Details

2 full
1960

Amenities

Fireplace
Listing Description

Calling all Investors:1516 Glenwood Way is the kind of South Lake Tahoe opportunity investors watch for but rarely find: a centrally located property with strong upside potential, solid fundamentals, and multiple exit strategies. Set on a quiet street just minutes from Heavenly, the lake, and yearround recreation, this home offers the perfect canva

s for valueadd improvementswhether cosmetic, structural, or full redevelopment.The lot is spacious and sunfilled, surrounded by mature pines and mountain views, giving future guests or tenants that signature Tahoe experience. Inside, the property is already midrenovation, allowing investors to step directly into a project without demo costs and sha

pe the layout to maximize rental performance or longterm equity.With South Lake Tahoe's high demand for updated inventoryboth for fulltime residents and seasonal visitors1516 Glenwood Way positions you to capitalize on strong appreciation trends, flexible rental potential, and a market hungry for modernized homes.For investors seeking a project wit

h clear upside, a prime location, and the freedom to build value from the ground up, Glenwood Way is a standout opportunity.Buyers to do there due dillegence for size and accuracy of information.

Monthly Cost Estimate

$2,808/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153

Estimates only. Actual payments may vary.

Location

1516 Glenwood Way

South Lake Tahoe, CA 96150

Features & Amenities

Interior Features

Open Beam

Property Details

Construction

Wood Siding

Pool Features

Patio

Heating

Fireplace(s)

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1516 Glenwood Way is listed at $525,000 ($362/sqft). The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.14 acre lot, Fireplace. Interior Features: Open Beam.

This property is listed by Kimberly Moore and can be reached at (888) 584-9427.

KM

Kimberly Moore

Agent at eXp Realty of California

(888) 584-9427

Listed by eXp Realty of California · View on Broker Site

MLS# 143253· Source: listhub· 3 days on market

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.

1516 Glenwood Way, South Lake Tahoe, CA 96150

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