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3702 Verdon Ln Specialty Building Offered at $1,610,292 CAD at a 8% Cap Rate in South Lake Tahoe, CA 96150



Executive Summary
Currently priced below recently appraised value! Located in a CA Opportunity Zone which offers certain tax advantages to buyers. Outstanding recently remodeled home just down the street from world class Heavenly ski resort! Located on a large, approximately 1/4 acre wooded lot a mile from Lake Tahoe and within minutes to the casinos, gaming and nightlife at the Stateline. The home features 5 bedrooms and 3 full bathrooms. All the rooms are large and feature king beds. Enjoy the large walk around deck which allows access to a huge flat and level back yard. Recent upgrades to the home feature a new roof, hard wood floors throughout, new paint and carpet and new double pane vinyl windows. The kitchen is adorned with all new appliances, quartz custom counter tops with stone backsplash, and Shaker Toupe white cabinets. The first-floor bathroom has new tile flooring, vanity and a tub/shower combo. The guest bath on the second level also includes new tile flooring, vanity and a large stall shower. Additionally on the upper level is the primary bedroom with private bathroom also with new tile flooring, vanity and large stall shower. There is also a dry SAUNA on the second level. Across the street is a forest service lot and there is a large 2 car garage with roof top deck with the potential for a future ADU style development. This stunning home in a wonderful location offers huge rental potential and exciting Lake Tahoe Living! Located in one of the rare CA opportunity zones which could provide tax advantages to buyers. If you are looking for a Heavenly area Lake Tahoe home this one is not to be missed. Great 1031 exchange deal and potential in Short Term Rental.
Property Facts
| Price | $1,610,292 CAD | Property Type | Specialty |
| Price Per SF | $875.16 CAD | Building Size | 1,840 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8% | Year Built/Renovated | 1975/2025 |
| Sale Condition | 1031 Exchange | Opportunity Zone |
Yes
|
| Price | $1,610,292 CAD |
| Price Per SF | $875.16 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Building Size | 1,840 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2025 |
| Opportunity Zone |
Yes |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 030-352-008-000 | Improvements Assessment | $1,139,498 CAD |
| Land Assessment | $295,015 CAD | Total Assessment | $1,434,513 CAD |
Property Taxes
Parcel Number
030-352-008-000
Land Assessment
$295,015 CAD
Improvements Assessment
$1,139,498 CAD
Total Assessment
$1,434,513 CAD
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3702 Verdon Ln
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