$966,075
SOLD AUG 22, 2025

576 James Ave South Lake Tahoe, CA 96150

4 Beds
3.5 Baths
2,802 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

17% Below List Price

121 Days on Market

Highlights

  • Built-In Refrigerator
  • Granite Countertops
  • Home Office
  • Maid or Guest Quarters
  • Game Room
  • Covered Patio or Porch

About This Home

As of August 2025

🚨 MAJOR PRICE DROP! 🚨This stunning brand-new construction on James Avenue is now UNDER $1M! A beautiful brand new home designed by the owners, with a very desirable location and a very flexible, multi purpose floor plan. Love to walk, hike, bike ride and the beaches? They are all within walking distance. Do you prefer Downstairs Living? You have that option in this home with a large carpeted Primary Ensuite. This Primary(dwnstrs) could also provide you with a private studio, with it's own private entrance and an area predesigned to set up a kitchenette. Living room has a lovely modern yet rustic gas fireplace and low maintenance flooring throughout, with quartzite tile. Going into the kitchen, one any chef would love! A large picture window, over the apron front sink, lots of dark alder cabinets and granite slab counter space w/additional seating. The kitchen opens to a dining area that could easily accommodate those large, family Holiday celebrations. The kitchen and dining areas are appointed with beautiful lighting fixtures. Upstairs is carpeted with 3 bedrooms, one could be a lovely Primary Ensuite or a cool game room and 2 bathrooms. All 3.5 bathrooms have been beautifully appointed with fixtures, lighting and custom tile throughout. Upstairs you have a study/media area and a little sitting/office area, in addition to the 3 bedrooms and 2 baths. This home was designed to offer several options for those looking for that special home. This location is unique because you are not only walking distance to cafe's, market, you are also a very short drive to many of the Lake Tahoe beaches, Camp Richardson, Fallen Leaf Lake, Trout Creek Profile, Spring Creek, Desolation and one of the most beautiful spots in the world, Emerald Bay. Stateline, Event Center and Heavenly Valley are within a 20 min. drive. Don't wait to call this brand new family home, HOME, in time for our beautiful summer!

Last Agent to Sell the Property

Pamela Francis

Compass License #01171755 Listed on: 04/08/2025

Compass

Last Buyer's Agent

Member Non

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,125

Year Built

  • Built in 2025

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 103
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Living Room
  • Home Office
  • Game Room
  • Crawl Space

Kitchen

  • Oven
  • Electric Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Laundry in Bedroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Tahoe Island Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 023531006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,125

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Countertops: Granite
  • Master Bdrm Features: Primary Bath, Double Sinks, Stall Shower, Nat Stone Counter, Slab Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • T R P A Land Cap Study: Yes
  • Year Built: 2025
  • Directions: Hwy 89, to 15th Street,TR, TR on James. House is on the right, a few houses down.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Island Park
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Natural Stone
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Electric Range, Single Oven
  • Additional Rooms: Office/Den, Living Room, Game Room, Entry/Foyer, Guest Quarters
  • Fireplace Description: Gas, Insert
  • Laundry Location: Bathroom Combo, Laundry Room
  • Price Per Square Foot: 344.78
  • Square Footage: 2802.00

Exterior Features

  • Construction: Wood Frame
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Patio, Covered, Front Porch
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1200
  • Lot Dimensions: 50 x 103
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5227.00
  • Price Per Acre: 8050625.00

Tax Info

  • Assessor Parcel Number: 023531006000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Aug 20, 2025
Sold by
Le Kathy
Bought by
Than Ethan Locbuu
Seller's Agent
Pamela Francis
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$1,157,000
Sold Price
$966,075
Premium/Discount to List
-$190,925
-16.5%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.26%
Original Mortgage
$724,000
Outstanding Balance
$724,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$212,151

Purchase Details

Listed on
Apr 8, 2025
Closed on
Aug 19, 2025
Sold by
Thomas And Barbara Evenson Trust and Evenson Thomas M
Bought by
Than Ethan Locbuu and Tran Minh
Seller's Agent
Pamela Francis
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$1,157,000
Sold Price
$966,075
Premium/Discount to List
-$190,925
-16.5%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Outstanding Balance
$724,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$212,151

Purchase Details

Closed on
Jun 18, 1997
Sold by
Gardner Leon E and Gardner Barbara D
Bought by
Laufer Mark A and Laufer Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,191
Interest Rate
7.94%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Old Republic Title
Quit Claim Deed -- Old Republic Title
Grant Deed $966,500 Old Republic Title
Grant Deed $111,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,000 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $178,799 New Conventional
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $113,000 Unknown
Previous Owner $114,341 FHA
Previous Owner $110,191 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $966,075 -3.1% $345 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $997,000 -13.8% $356 / Sq Ft
04/08/2025 04/08/25 For Sale $1,157,000 -- $413 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

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 $5,125 $849,500 $145,350 $704,150
2024 $5,125 $475,000 $142,500 $332,500
2023 $2,447 $228,487 $39,119 $189,368
2022 $2,422 $224,007 $38,352 $185,655
2021 $2,384 $219,615 $37,600 $182,015
2020 $2,349 $217,364 $37,215 $180,149
2019 $2,336 $213,103 $36,486 $176,617
2018 $2,283 $208,925 $35,771 $173,154
2017 $2,246 $204,829 $35,070 $169,759
2016 $2,200 $200,814 $34,383 $166,431
2015 $2,087 $197,799 $33,867 $163,932
2014 $2,087 $193,926 $33,204 $160,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 141412

South Tahoe Association of REALTORS®

APN: 023-531-006-000