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Property profile & analytics

976 Edgewood Cir South Lake Tahoe, CA 96150-7808

  • Commercial real estate
  • 1,054 SF
  • 0.12 lot acres
OFF-MARKET
Value Estimation
$455,000
Last Sale
Feb 14, 2025
$500,000
Location Intelligence
Property ID
US09-2851330
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Shinault Brian / Architect

Property Details for 976 Edgewood Cir

Year built
1964
Lot size
0.12 lot acres
Property size
1,054 SF
Zone code
MDR
Property type
Commercial real estate
APN
026-221-022-000
APU
26221022000

Description

This exceptional 1,640-square-foot office building, located at 976 Edgewood Circle in South Lake Tahoe, California, presents a unique investment opportunity. The property, situated on a 5,042-square-foot lot, boasts a captivating mid-century modern architectural style, offering a refreshing contrast to the standard market. Built in 1964 and thoughtfully renovated in 2018, this two-story building features a versatile open floor plan, complemented by a ground floor basement of approximately 556 square feet and one bathroom. The property is currently vacant, providing immediate occupancy for a new owner. Zoned MDR (Medium Density Residential), this location offers considerable flexibility for a variety of office-based businesses. The asking price is $535,000, translating to $326.22 per square foot. The property's unique appeal is further enhanced by its serene setting, backed by a meadow, creating a distinctive mountain feel. This well-maintained and updated building offers modern amenities and a layout adaptable to diverse needs. The property's APN is 026-221-022-000. This fee-simple ownership opportunity is perfect for entrepreneurs seeking a distinctive and functional workspace in a prime South Lake Tahoe location. The property's zip code is 96150.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $455,000
  • CAP approach

    CAP return
    Estimation
    6%
    $485,000
    6.5%
    $435,000
    7%
    $490,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $465,000
    Geo Method
    $420,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $400,000
    Retail
    $415,000
    Mixed-Use
    $475,000
    Hospitality
    $405,000
    Educational
    $440,000
    Residential Income
    $365,000
    Energy
    $465,000
    Income-Based Land
    $365,000
    Food Service
    $470,000

Location Insight

  • Map
  • Local Demand
City
South Lake Tahoe
County
El Dorado
State
California
Longitude
-119.979
Latitude
38.933
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,911
$92,959
$164,340
$257,299
-
$0.00
$0.00
$0.00
More about this property
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