Just a short walk from the shores of Lake Tahoe, this exceptional property offers flexible living options-ideal as a spacious single-family home or as two separate dwellings. Step inside to a welcoming living room featuring beautiful hardwood floors and a cozy gas fireplace. The open dining area, located boasts serene views of the adjacent Conservancy lot and provides easy access to the car port and backyard. The well maintained kitchen is a chef's delight, complete with granite counter tops, modern cabinetry, gas stove, built in microwave and Bosh dishwasher. Down the hall, you'll find a generously sized laundry room next to a newer full bathroom, two comfortable bedrooms, and a stylish original full bath. The second bedroom opens into an additional living space with a kitchenette and a separate entrance-offering excellent potential for a private guest suite or rental opportunity. Upstairs, the spacious primary suite includes a private balcony, creating a peaceful retreat. Additional highlights of this home include a durable, shingle-style metal roof, two tankless water heaters, ample storage, and a fenced backyard. Located just minutes from Heavenly Ski Resort and the vibrant downtown entertainment corridor. Don't miss out on this incredible South Lake Tahoe opportunity!