3748 Terrace Dr

Architectural interest and unique design give this Lakeview Terrace home standout curb appeal, framed by forest service lots at the front and rear for exceptional privacy and filtered views of Lake Tahoe and the iconic face of Heavenly. Step inside to a foyer that opens into expansive living where 10-foot open-beam ceilings frame a light-filled great room with floor-to-ceiling windows, a cozy sitting area, space for billiards, and a freestanding gas fireplace.A second living area brings warmth and casual elegance with a wood-burning stove, newly installed French Oak floors, and bright, inviting finishes. The kitchen strikes a modern tone with sleek touches and seamless flow to both indoor and outdoor dining spaces. Entertain under the pines on a spacious deck with hot tub or gather by the fire pit on the stone patio below.The primary suite occupies its own wing, offering privacy, a generous layout, and a dedicated deck with views of Mt. Tallac. Downstairs, a flexible lower level provides an ideal setup for a separate living space, complete with a secondary kitchen and ample storage perfect for guests or future ADU potential.While the City of South Lake Tahoe has a temporary moratorium on new short-term vacation rental permits, Measure T was recently overturned, and there's renewed optimism that VHR opportunities may resume as early as summer 2025.This is a rare opportunity to own in one of Tahoe's most peaceful pockets without sacrificing access to the lake, slopes, and trails.