
516 Emerald Bay Rd Unit 49 South Lake Tahoe, CA 96150
Estimated payment $1,691/month
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.
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
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 | $1,444 | $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 |
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 |
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 |
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 |
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Source: South Tahoe Association of REALTORS®
MLS Number: 141873

APN: 023-830-023-000
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