$239,999
$49K PRICE DROP

516 Emerald Bay Rd Unit 49 South Lake Tahoe, CA 96150

Estimated payment $1,691/month

Total Views 3,747
1 Bed
1 Bath
362 Sq Ft
$663 Price per Sq Ft

Highlights

  • Forest View
  • Wood Flooring
  • Community Pool
  • Property is near a forest
  • Furnished
  • Covered Patio or Porch

About This Home

Huge price reduction. Seller motivated.Originally part of the manager's home, this cabin has been separated into its own cozy residence, ideal as a full-time home, weekend getaway, or investment property. It offers the benefits of being part of the St. Francis of the Woods HOA and its CC&Rs, granting access to all the community amenities such as the grounds, pool, spa, and maintenance services. However, it provides more privacy than a typical condo, offering a unique blend of communal perks with a more secluded living experience.Unwind on the inviting front porch (permitted addition) or take a walk in the forest. Backyard belongs to manager but private storage shed belongs to #49, approved by the HOA - provides extra convenience.Inside, you'll find numerous upgrades, including newer dual-pane windows and blinds, ceiling fans in both the living room and bedroom, new laminate flooring in the bathroom, refinished tile and tub, plus a new toilet. Efficient wall heater (installed ~5 years ago).Located directly across from the bike path and just minutes from beautiful beaches, popular coffee shops, shopping, and dining. This hidden gem combines comfort, convenience, and character in one of the area's most desirable settings.

Listing Agent

Barbara Gerland

Berkshire Hathaway HS - SLT License #01261991 Listed on: 07/03/2025

Berkshire Hathaway HS - SLT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1959

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • Additional Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 362 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Forest Views
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Natural State Vegetation
  • Property is near a forest

Listing and Financial Details

  • Assessor Parcel Number 023830001000

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, roof repairs, refuse, insurance, on site maintenance
  • St Francis Woods Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,444

Year Built

Built in 1959

Lot Details

0

HOA Fees

$273 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Location: Adjacent to Forest
  • Additional Features: Furnished Per Invtry
  • Countertops: Stainless Steel
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Street Number Modifier: (CABIN)
  • Year Built: 1959
  • Directions: SR 89 to St. Francis of the Woods. Left turn; property on right, just past and connected to manager's cabin.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: St Francis Woods
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Sheet Vinyl, Wood, Laminate
  • Windows: Double Pane
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Dishwasher Built-in, Single Oven
  • Price Per Square Foot: 662.98
  • Square Footage: 362.00

Exterior Features

  • Construction: Wood Frame, Masonry
  • Exterior: Storage Shed
  • Foundation: Concrete/Crawl Space
  • Landscaped: Natural
  • Patio Deck: Patio, Covered, Front Porch
  • Roof: Composition
  • Views: Forest

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Cable TV, Telephone, Water-Flat Rate
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 272.62
  • Hoa Amenities: Pool, Spa, Additional Parking
  • Hoa Fee Frequency: Monthly
  • H O A Includes: Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance, On Site Maintenance

Association/Amenities

  • Entry Level Unit: 49

Lot Info

  • Acres: 0.0100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 436.00
  • Price Per Acre: 23999900.00

Tax Info

  • Assessor Parcel Number: 023830001000

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 $1,444 $127,000 $36,000 $91,000
2024 $1,444 $127,000 $36,000 $91,000
2023 $1,440 $127,000 $36,000 $91,000
2022 $1,458 $127,000 $36,000 $91,000
2021 $1,463 $127,000 $36,000 $91,000
2020 $1,457 $127,000 $36,000 $91,000
2019 $1,477 $127,000 $36,000 $91,000
2018 $1,472 $127,000 $36,000 $91,000
2017 $1,292 $110,000 $22,000 $88,000
2016 $1,453 $125,000 $25,000 $100,000
2015 $1,458 $125,000 $25,000 $100,000
2014 $1,368 $119,500 $33,500 $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $239,999 -8.4% $663 / Sq Ft
08/17/2025 08/17/25 Price Changed $262,000 -9.3% $724 / Sq Ft
07/03/2025 07/03/25 For Sale $289,000 -- $798 / Sq Ft
Source: South Tahoe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title
Grant Deed $142,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $198,500 Placer Title Company
Interfamily Deed Transfer -- Fidelity Natl Title Co
Grant Deed $110,000 Fidelity Natl Title Co
Grant Deed $70,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 Purchase Money Mortgage
Previous Owner $120,000 New Conventional
Previous Owner $118,500 Fannie Mae Freddie Mac
Previous Owner $104,500 Purchase Money Mortgage
Previous Owner $52,400 No Value Available
Source: Public Records

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Source: South Tahoe Association of REALTORS®

MLS Number: 141873

South Tahoe Association of REALTORS®

APN: 023-830-023-000