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1516 Glenwood Way
Sold

1516 Glenwood Way

1516 Glenwood Way, South Lake Tahoe, CA 96150

$505,000
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.

3
beds

2
baths

1,450 Sq.Ft. LIVING AREA

6,098 Sq.Ft. lot

Kadi  Alfeld

Kadi Alfeld

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • Fireplace Freestanding, Wood

Area & Lot

  • Status Sold
  • Date Sold August 19, 2026
  • Living Area1,450 Sq.Ft.
  • Lot Area6,098 Sq.Ft.
  • MLS® ID143253
  • TypeResidential
  • YEAR BUILT1960
  • NeighborhoodSouth Lake Tahoe
  • View DescriptionMeadow

Exterior

  • Garage Space1.0
  • water SourceCity Water
  • roofComposition
  • lot featuresAdjacent to Meadow
  • HEAT TYPEFireplace, Other/See Remarks
  • sewerCity Sewer
  • SubstructureSlab
  • other exterior FeaturesAdjacent to Meadow

Financial

  • Sales Price$505,000

South Lake Tahoe

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Work With Kadi

Licensed in California and Nevada, Kadi has the local knowledge and negotiation skills to guide you on either side of the lake. Whether you're buying or selling, she's ready to work hard for you.

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