Situated just 1,000 feet from Heavenly's California Base Lodge and less than two miles from Ski Run Marina and the Stateline corridor, this .82-acre property blends central access with remarkable privacy and sweeping westerly views of Lake Tahoe and the surrounding peaks. The parcel rises up the hillside, backing to U.S. Forest Service land for a serene, uninterrupted setting and dramatic sunsets.- -A gated, meandering driveway leads to the upper compound with a generous parking area, oversized two-car garage with vaulted ceilings, and a full studio apartment above featuring kitchen, living and dining area, freestanding fireplace, full bath, and furnishings that include a pool table. At street level, another two-car garage supports a separate studio apartment currently tenant-occupied on a month-to-month basis. Both studio buildings have fresh exterior paint and new composite decking, with the upper studio recently updated inside as well.- -The centerpiece of the property is the fully reimagined main residence, taken to the studs and rebuilt with a shed-style roofline, new 40-year roof, in-floor hydronic heating, all new plumbing, electrical, audio wiring, hardwired ethernet, and sleek black Pella windows. The upper level showcases soaring open-beam ceilings, a two-way linear fireplace, and a completely custom kitchen with flush cabinetry, oversized island, built-in commercial appliances, and designer lighting and plumbing fixtures. A striking half bath with marble walls and vessel sink sits just off the great room, while the primary suite features a cedar accent wall, walk-in closet, and a spa-like bath with stone shower and dual vanity. Spanning the entire width of the home, a massive front deck constructed with Brazilian Ipe floating panels, takes in spectacular lake and mountain views and provides seamless outdoor living.- -On the lower level, a dramatic central staircase with steel girder, open wood treads, and glass banister rises to the main living area. This floor also offers a large mudroom, spacious family room, billiard room with custom backlit bar, Murphy bed, and half bath, plus a second full bath with tub/shower, backlit wood ceiling, and custom vanity. A concrete patio runs the full width of the home and is completely covered, creating a protected outdoor gathering space in every season.- -Blending modern architecture, multiple living spaces, and one of the most central locations on the South Shore, this property delivers luxury living with versatility for extended family, rental, or caretaker accommodations.
For sale
Price cut: $270K (12/4)
$2,980,000
3960 Saddle Rd, South Lake Tahoe, CA 96150
4beds
3,822sqft
Est.:
Single Family Residence
Built in 1980
0.82 Acres Lot
$2,723,900 Zestimate®
$780/sqft
$-- HOA
What's special
Shed-style rooflineFreestanding fireplaceTwo-way linear fireplaceOversized two-car garageMurphy bedDramatic sunsetsBuilt-in commercial appliances
- 110 days |
- 1,169 |
- 81 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 12:30am
Listed by:
Mark A Salmon 530-318-7637 mark@tahoesalmon.com,
Compass
Source: STAOR,MLS#: 142176
Originating MLS: South Tahoe Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Rooms
- Room types: Office/Den, Living Room, Game Room, Entry/Foyer, Mud Room, Workshop, Family Room, Great Room, Guest Quarters, Upstairs Living
Kitchen
- Features: Pantry
Heating
- Natural Gas, Fireplace(s), Radiant Floor, Radiant
Appliances
- Included: Disposal, Built-In Refrigerator, Dishwasher Built-in, Gas Range, Oven, Gas Water Heater, Instant Hot Water
- Laundry: Laundry Room
Features
- Tile Counters
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows, Vinyl Frame, Low Emissivity Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Free Standing, Gas, Insert
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,822 sqft
Property
Parking
- Parking features: Attached, RV Access/Parking, Garage Door Opener
- Attached garage spaces: 4
Features
- Patio & porch: Patio, Deck, Covered, Uncovered
- Has view: Yes
- View description: Mountain(s), Lake, Filtered, Forest, Ski Resort
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.82 Acres
- Features: Adjacent to Forest, Wooded
Details
- Parcel number: 030401041000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Masonry Veneer, Wood Siding
- Foundation: Slab
- Roof: Pitched,Asphalt,Composition
Condition
- Year built: 1980
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Heavenly Valley Homes 1
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $780/sqft
- Tax assessed value: $1,731,890
- Annual tax amount: $19,058
- Date on market: 9/17/2025
- Cumulative days on market: 111 days
- Date available: 01/01/1800
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$2,723,900
$2.59M - $2.86M
$7,493/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $2,980,000-8.3%$780/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $3,250,000+103.1%$850/sqft |
Source: | ||
| 12/4/2020 | Sold | $1,600,000-8.6%$419/sqft |
Source: STAOR #132954 Report a problem | ||
| 10/23/2020 | Pending sale | $1,750,000$458/sqft |
Source: Coldwell Banker Select R.E. #132954 Report a problem | ||
| 10/1/2020 | Price change | $1,750,000-2.5%$458/sqft |
Source: Coldwell Banker Select R.E. #132954 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,058 +5.5% | $1,731,890 +2% |
| 2024 | $18,063 +1.8% | $1,697,932 +2% |
| 2023 | $17,741 +1% | $1,664,640 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,637/mo
Principal & interest
$14962
Property taxes
$2632
Home insurance
$1043
Climate risks
Neighborhood: 96150
Nearby schools
GreatSchools rating
- 7/10Sierra House Elementary SchoolGrades: K-5Distance: 2.7 mi
- 5/10South Tahoe Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 4.8 mi
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