# 1516 Glenwood Way, South Lake Tahoe, CA 96150

> **TL;DR:** 3bd/2ba single family, $525,000 ($362/sqft), built 1960, 1,450 sqft.
> Fireplace. Est. $2,808/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $525,000 |
| Price/sqft | $362 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,450 |
| Year Built | 1960 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,655 |
| Estimated Insurance | $153 |
| **Total** | **$2,808** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1960
- 0.14 acre lot
- Fireplace

## Description

### Agent 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 canvas 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 shape 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 with 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.

## Location

- **Address:** 1516 Glenwood Way, South Lake Tahoe, CA 96150
- **County:** El Dorado
- **Coordinates:** 38.929445, -119.961774
- **Google Maps:** https://www.google.com/maps?q=38.929445,-119.961774

## Listing Agent

- **Name:** Kimberly Moore
- **Brokerage:** eXp Realty of California
- **Phone:** (888) 584-9427

## Primary Photo

![1516 Glenwood Way - Primary Photo](http://lh.rdcpix.com/547edfb43e7b2d956ecd3574a4a4fd2el-f1707698903r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.ai/listing/1516-glenwood-way-south-lake-tahoe-ca-96150-a143253)*

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**MLS#:** 143253 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1516-glenwood-way-south-lake-tahoe-ca-96150-a143253)

---

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