3761 Ruby Way South Lake Tahoe, CA 96150
Estimated payment $3,298/month
Highlights
- Fireplace
- Wood Siding
- 1-Story Property
- Double Pane Windows
About This Home
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, Ski 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 versatility and value.Set on a sunny, generously sized parcel, residents can enjoy Tahoe's four-season beauty from the inviting front porch or private rear balcony 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,100 Sq Ft Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Wood Frame Construction
- Pitched Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 4 Bedrooms
- 1,664 Sq Ft Home
- 1-Story Property
- Fireplace
- Double Pane Windows
- Unfinished Basement
- Crawl Space
Utilities
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 028121017000
Community Details
Overview
- 2 Units
- Heavenly View Terrace Subdivision
Building Details
- Gross Income $45,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,319 | $115,424 | $16,137 | $99,287 |
| 2024 | $1,319 | $113,162 | $15,821 | $97,341 |
| 2023 | $1,298 | $110,944 | $15,511 | $95,433 |
| 2022 | $1,285 | $108,769 | $15,207 | $93,562 |
| 2021 | $1,266 | $106,637 | $14,909 | $91,728 |
| 2020 | $1,249 | $105,545 | $14,757 | $90,788 |
| 2019 | $1,243 | $103,476 | $14,468 | $89,008 |
| 2018 | $1,217 | $101,448 | $14,185 | $87,263 |
| 2017 | $1,199 | $99,459 | $13,907 | $85,552 |
| 2016 | $1,176 | $97,510 | $13,635 | $83,875 |
| 2015 | $1,131 | $96,047 | $13,431 | $82,616 |
| 2014 | $1,131 | $94,168 | $13,169 | $80,999 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $597,900 | -- | $359 / Sq Ft |
Source: South Tahoe Association of REALTORS®
MLS Number: 142933
APN: 028-121-17-100
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Ask me questions while you tour the home.