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5 Beds
3,168 sqft

$275,000

3737 Terrace Drive, South Lake Tahoe CA, 96150

Price per sqft$86.81
Built in1967
Property size3,168 sqft
Property typeOther

Overview

Active

Listed May 20, 2026

Updated 2 weeks ago

New co-ownership opportunity by Pacaso: Own one-eighth of this professionally managed, turnkey home. The Redwood stands on Terrace Drive in South Lake Tahoe, a newly remodeled three-level home with a redwood and slate exterior, IPE and slate decking, redwood railings and a new metal roof. The natural materials carry through to the interior, where oak and mahogany floors run throughout all three levels and soaring wood ceilings with exposed rafters give the home a genuine mountain lodge quality. The top level great room has a floor-to-ceiling concrete fireplace and doors opening to a massive slate deck, with the kitchen alongside featuring quartz countertops, stainless steel appliances and the same soaring wood ceiling above. The middle level has the main entry, a large family and flex room, three spacious bedrooms and two bathrooms. The lower level has two primary suites with heated porcelain and marble tile floors, custom tilework and en suite baths. One primary suite has a sliding glass door to a deck and hot tub. The slate deck and hot tub extend the living spaces into the surrounding forest, with South Lake Tahoe's ski resorts, hiking and biking trails and lakefront beaches all close at hand. Heavenly Mountain Resort is the closest major ski destination, and the lake's shoreline is minutes away for summer mornings on the water. The Redwood is fully designed, furnished and managed by Pacaso. Owners arrive to find the home exactly as it should be, every time.

$1,830/mo

Est. mortgage payment based on a $275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20260891

Interior Features

Bedrooms
5
Fireplace
Yes
Cooling
Yes
Basement
No

Other Property Details

View
Yes

Listed by Pacaso, Inc., Maxx Rifkin,
Listing Contact: Office: 530-316-4996 

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Data last updated 5:38 AM UTC, 9/16/2026

 

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