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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3761 Ruby Way in South Lake Tahoe, CA is listed for $597,900 ($359 per sqft). Built in 1961, the home offers 1,664 sqft of living space on a 0.14 acres lot.

Agent Description

Income Opportunity + Prime Heavenly LocationExceptional investment opportunity at the base of Heavenly Ski Resort! This well-maintained duplex features two remodeled 2-bedroom, 1-bath units, each offering approximately 820 square feet of comfortable mountain living in one of South Lake Tahoe's most desirable locations.Just blocks from Stateline, Sk

i Run Boulevard, renowned beaches, dining, nightlife, and year-round recreation, this property places the very best of the Tahoe lifestyle right at your doorstep. Whether you're seeking strong rental income, a vacation retreat with supplemental income, or the flexibility to occupy one unit while renting the other, this property offers outstanding v

ersatility and value.Set on a sunny, generously sized parcel, residents can enjoy Tahoe's four-season beauty from the inviting front porch or private yard spaces. Additional amenities include a shared two-car carport at street level, terraced outdoor areas, and a lower-level common space featuring laundry hookups and abundant storage.Rarely does an opportunity combine location, income potential, and lifestyle quite like this.

Enjoy the benefits of ownership in a prime Tahoe setting just minutes from skiing, beaches, casinos, hiking, biking, and everything that makes Lake Tahoe such an extraordinary place to live and invest.Live in one, rent the other or maximize income potential in this high-demand Heavenly neighborhood. Opportunities like this are increasingly hard to find.

Key Features

  • Built in 1961
  • 0.14 acre lot
  • Fireplace

Property Details

1961

Amenities

Fireplace

Monthly Cost Estimate

$3,198/mo

20% down · 6.5% · 30 years

Principal$432
Interest$2,591
Insurance$174

Estimates only. Actual payments may vary.

Location

3761 Ruby Way

South Lake Tahoe, CA 96150

Property Details

Construction

Wood Frame Wood Siding

Heating

Space HeaterFireplace(s)Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3761 Ruby Way is listed at $597,900 ($359/sqft). The estimated monthly payment is $2,591 based on 20% down at 6.5% interest.

Key features include: Built in 1961, 0.14 acre lot, Fireplace.

This property is listed by Bret Howard and can be reached at (925) 244-1933 or gretchen.pearson@bhhsdrysdale.com.

BH

Bret Howard

Agent at Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

(925) 244-1933

Listed by Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe · View on Broker Site

MLS# 142933· Source: listhub· Updated 13 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.

3761 Ruby Way, South Lake Tahoe, CA 96150

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