Calling all Investors:1516 Glenwood Way is the kind of South Lake Tahoe opportunity investors watch for but rarely find: a centrally located property with strong upside potential, solid fundamentals, and multiple exit strategies. Set on a quiet street just minutes from Heavenly, the lake, and year‑round recreation, this home offers the perfect canvas for value‑add improvementswhether cosmetic, structural, or full redevelopment.The lot is spacious and sun‑filled, surrounded by mature pines and mountain views, giving future guests or tenants that signature Tahoe experience. Inside, the property is already mid‑renovation, allowing investors to step directly into a project without demo costs and shape the layout to maximize rental performance or long‑term equity.With South Lake Tahoe’s high demand for updated inventoryboth for full‑time residents and seasonal visitors1516 Glenwood Way positions you to capitalize on strong appreciation trends, flexible rental potential, and a market hungry for modernized homes.For investors seeking a project with clear upside, a prime location, and the freedom to build value from the ground up, Glenwood Way is a standout opportunity.Buyers to do there due dillegence for size and accuracy of information.
Property Details
Price:
$525,000
MLS #:
143253
Status:
Active Pending
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
bijou1
Listed Date:
Jul 23, 2026
Finished Sq Ft:
1,450
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1516 Glenwood Way South Lake Tahoe CA
- NeighborhoodBijou 1
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Single Family in South Lake Tahoe as of Aug 18, 2026
185
Single Family Listed
85
Avg DOM
543
Avg $ / SqFt
$1,177,099
Avg List Price
Property Summary
- 1516 Glenwood Way South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $525,000 and features 3 beds, 2 baths, and has approximately 1,450 square feet of living space, and was originally constructed in 1960. The current price per square foot is $362. The average price per square foot for Single Family listings in South Lake Tahoe is $543. The average listing price for Single Family in South Lake Tahoe is $1,177,099.
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