Vacation Home Rental permits return under the City’s updated ordinance, effective April 23, 2026.The revised regulations remove the 150-foot spacing requirement and establish a 900-permit cap within residential areas. Prospective buyers should review the new regulations carefullythe window to secure a VHR/STR permit may be limited as remaining allocations are distributed and competition increases.Corte Azure #3 – Ground Floor ResidencePositioned in one of South Lake Tahoe’s most centrally located condominium developments, this completely renovated ground-floor residence combines modern accessibility with turnkey convenience. Fully furnished and comprehensively updated, the unit showcases fresh paint, new flooring, an updated kitchen with granite countertops, and contemporary lighting and fixtures throughout. A complete overhaul of systems, finishes, and fixtures ensures move-in readiness.The standout feature is its rare ADA-compliant design: a curb-less walk-in tile shower with sloped floor drain and custom-built in-unit washer and dryer hookups provide full wheelchair accessibilitya valuable distinction in the South Shore market. Natural light and a sense of openness are enhanced by views of HOA-owned open space across the street, while proximity to adjacent Bonanza Neighborhood Park offers immediate recreation and community connection.Just steps away from shopping, dining, and the lake, this property works equally well as a primary residence, accessible living option, or vacation retreat. Monthly HOA dues of $320 cover exterior maintenance, snow removal, common area upkeep, master insurance, and HOA-maintained water heating. Recent full roof replacement reduces near-term capital improvement risk.
Property Details
Price:
$324,900
MLS #:
142353
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Neighborhood:
yarea
Listed Date:
Nov 26, 2025
Finished Sq Ft:
812
Lot Size:
871 sqft / 0.02 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1223 Bonanza Avenue 3 South Lake Tahoe CA
- NeighborhoodY Area
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Condo in South Lake Tahoe as of Apr 25, 2026
43
Condo Listed
151
Avg DOM
563
Avg $ / SqFt
$705,109
Avg List Price
Property Summary
- 1223 Bonanza Avenue 3 South Lake Tahoe CA is a Condo for sale in South Lake Tahoe, CA, 96150. It is listed for $324,900 and features 2 beds, 1 baths, and has approximately 812 square feet of living space, and was originally constructed in 1965. The current price per square foot is $400. The average price per square foot for Condo listings in South Lake Tahoe is $563. The average listing price for Condo in South Lake Tahoe is $705,109.
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Courtesy of David Howie of Aston Morley. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. South Tahoe Association of Realtors. All rights reserved. 1223 Bonanza Avenue 3
South Lake Tahoe, CA

