1516 Glenwood Way, South Lake Tahoe, CA 96150
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1516 Glenwood Way, South Lake Tahoe, CA 96150
1516 Glenwood Way, South Lake Tahoe, CA 96150
1516 Glenwood Way, South Lake Tahoe, CA 96150
1516 Glenwood Way, South Lake Tahoe, CA 96150
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Mike Phillips

Mike Phillips

+1(530) 545-1389
$ 525,000
Est. payment /mo
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Active Under Contract

1516 Glenwood Way South Lake Tahoe, CA 96150

3 Beds

2 Baths

1,450 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

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

South Tahoe MLS (STAR)
Listed by eXp Realty of California

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Mike Phillips

Broker | License ID:  CA# 01369810, NV# B.145615

+1(530) 545-1389 | mikephillips530@gmail.com

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1516 Glenwood Way