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$525,000
Est. payment /mo
3 Beds
2 Baths
1,450 SqFt
Open House
Sat Jul 25, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $362
Subdivision Bijou Park
MLS Listing ID 143253
Bedrooms 3
Full Baths 2
Year Built 1960
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County El Dorado
Area Bijou 1
Rooms
Other Rooms Living/Dining Combo
Kitchen Other - See Remarks
Interior
Heating Fireplace, Other/See Remarks
Cooling Fireplace, Other/See Remarks
Fireplaces Type Freestanding, Wood
Exterior
Parking Features Attached
Garage Spaces 1.0
View Meadow
Roof Type Composition
Building
Foundation Slab
Water Natural Gas
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Listed by eXp Realty of California
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