$3,250,000

3960 Saddle Rd South Lake Tahoe, CA 96150

Estimated payment $18,669/month

Total Views 19
4 Beds
6 Baths
3,822 Sq Ft
$850 Price per Sq Ft

Highlights

  • Views of Ski Resort
  • 0.82 Acre Lot
  • Deck
  • Built-In Refrigerator
  • Maid or Guest Quarters
  • Property is near a forest

About This Home

Situated just 1,000 feet from Heavenly's California Base Lodge and less than two miles from Ski Run Marina and the Stateline corridor, this .82-acre property blends central access with remarkable privacy and sweeping westerly views of Lake Tahoe and the surrounding peaks. The parcel rises up the hillside, backing to U.S. Forest Service land for a serene, uninterrupted setting and dramatic sunsets. - - A gated, meandering driveway leads to the upper compound with a generous parking area, oversized two-car garage with vaulted ceilings, and a full studio apartment above featuring kitchen, living and dining area, freestanding fireplace, full bath, and furnishings that include a pool table. At street level, another two-car garage supports a separate studio apartment currently tenant-occupied on a month-to-month basis. Both studio buildings have fresh exterior paint and new composite decking, with the upper studio recently updated inside as well. - - The centerpiece of the property is the fully reimagined main residence, taken to the studs and rebuilt with a shed-style roofline, new 40-year roof, in-floor hydronic heating, all new plumbing, electrical, audio wiring, hardwired ethernet, and sleek black Pella windows. The upper level showcases soaring open-beam ceilings, a two-way linear fireplace, and a completely custom kitchen with flush cabinetry, oversized island, built-in commercial appliances, and designer lighting and plumbing fixtures. A striking half bath with marble walls and vessel sink sits just off the great room, while the primary suite features a cedar accent wall, walk-in closet, and a spa-like bath with stone shower and dual vanity. Spanning the entire width of the home, a massive front deck constructed with Brazilian Ipe floating panels, takes in spectacular lake and mountain views and provides seamless outdoor living. - - On the lower level, a dramatic central staircase with steel girder, open wood treads, and glass banister rises to the main living area. This floor also offers a large mudroom, spacious family room, billiard room with custom backlit bar, Murphy bed, and half bath, plus a second full bath with tub/shower, backlit wood ceiling, and custom vanity. A concrete patio runs the full width of the home and is completely covered, creating a protected outdoor gathering space in every season. - - Blending modern architecture, multiple living spaces, and one of the most central locations on the South Shore, this property delivers luxury living with versatility for extended family, rental, or caretaker accommodations.

Listing Agent

Mark Salmon

Compass License #01485376 Listed on: 09/17/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,063

Year Built

  • Built in 1980

Lot Details

  • 0.82 Acre Lot
  • Natural State Vegetation
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Ski Resort
  • Peek-A-Boo
  • Mountain
  • Forest

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry Siding

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Workshop
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near a forest

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Phone Available
  • Cable TV Available

Community Details

  • Heavenly Valley Homes 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030401041000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,063

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Adjacent to Forest
  • Countertops: Tile, Slab, Quartz
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1980
  • Directions: Take Keller Rd from Pioneer Tr, left on Saddle Rd.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Heavenly Valley Homes 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Pantry, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Office/Den, Living Room, Game Room, Entry/Foyer, Mud Room, Workshop, Family Room, Great Room, Guest Quarters, Upstairs Living
  • Fireplace Description: Freestanding, Gas, Insert
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 850.34
  • Square Footage: 3822.00

Exterior Features

  • Construction: Wood Frame, Masonry Veneer, Wood Siding
  • Foundation: Slab
  • Landscaped: Natural, Trees
  • Patio Deck: Patio, Deck, Covered, Uncovered
  • Roof: Pitched, Asphalt, Composition
  • Views: Mountains, Lake, Filtered, Forest, Ski Resort

Garage/Parking

  • Garage Type: Attached
  • Garage: 4.00

Utilities

  • Heating/Cooling: Natural Gas, Fireplace, Radiant Heat-Floor
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Cable TV, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.8200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 35719.00
  • Price Per Acre: 3963414.63

Green Features

  • Green Features: Low E Windows, Radiant Heat, On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 030401041000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $18,063 $1,731,890 $649,458 $1,082,432
2024 $18,063 $1,697,932 $636,724 $1,061,208
2023 $17,741 $1,664,640 $624,240 $1,040,400
2022 $17,572 $1,632,000 $612,000 $1,020,000
2021 $17,298 $1,600,000 $600,000 $1,000,000
2020 $13,508 $1,253,050 $461,552 $791,498
2019 $13,452 $1,228,755 $452,502 $776,253
2018 $13,146 $1,204,937 $443,630 $761,307
2017 $12,941 $1,181,586 $434,932 $746,654
2016 $12,679 $1,158,693 $426,404 $732,289
2015 $4,551 $1,141,500 $420,000 $721,500
2014 $4,551 $424,905 $116,453 $308,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $3,250,000 +103.1% $850 / Sq Ft
12/04/2020 12/04/20 Sold $1,600,000 0.0% $419 / Sq Ft
11/30/2020 11/30/20 Off Market $1,600,000 -- --
10/23/2020 10/23/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $1,750,000 -2.5% $458 / Sq Ft
08/14/2020 08/14/20 For Sale $1,795,000 +59.2% $470 / Sq Ft
09/02/2014 09/02/14 Sold $1,127,500 -5.3% $289 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,190,000 -- $305 / Sq Ft
Source: South Tahoe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Venable Llp
Grant Deed $1,600,000 Old Republic Title Company
Grant Deed $1,127,500 Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $185,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,120,000 New Conventional
Previous Owner $789,250 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $310,000 Unknown
Previous Owner $310,000 Fannie Mae Freddie Mac
Previous Owner $146,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $148,800 No Value Available
Previous Owner $148,000 No Value Available
Source: Public Records

Source: South Tahoe Association of REALTORS®

MLS Number: 142176

South Tahoe Association of REALTORS®

APN: 030-401-041-000