1223 Bonanza Ave Unit 3, South Lake Tahoe, CA 96150

Property Description

Vacation Home Rental permits return under the City's updated ordinance, effective April 23, 2026.The revised regulations remove the 150-foot spacing requirement and establish a 900-permit cap within residential areas. Prospective buyers should review the new regulations carefullythe window to secure a VHR/STR permit may be limited as remaining allocations are distributed and competition increases.Corte Azure #3 - Ground Floor ResidencePositioned in one of South Lake Tahoe's most centrally located condominium developments, this completely renovated ground-floor residence combines modern accessibility with turnkey convenience. Fully furnished and comprehensively updated, the unit showcases fresh paint, new flooring, an updated kitchen with granite countertops, and contemporary lighting and fixtures throughout. A complete overhaul of systems, finishes, and fixtures ensures move-in readiness.The standout feature is its rare ADA-compliant design: a curb-less walk-in tile shower with sloped floor drain and custom-built in-unit washer and dryer hookups provide full wheelchair accessibilitya valuable distinction in the South Shore market. Natural light and a sense of openness are enhanced by views of HOA-owned open space across the street, while proximity to adjacent Bonanza Neighborhood Park offers immediate recreation and community connection.Just steps away from shopping, dining, and the lake, this property works equally well as a primary residence, accessible living option, or vacation retreat. Monthly HOA dues of $320 cover exterior maintenance, snow removal, common area upkeep, master insurance, and HOA-maintained water heating. Recent full roof replacement reduces near-term capital improvement risk.