This address denotes a specific property located in South Lake Tahoe, California. It signifies a precise location within the city, distinguishable from other properties by its unique numerical and street name combination. Such designations are essential for postal services, navigation, property ownership records, and emergency response.
Precise location data is crucial for a variety of purposes. It allows for efficient delivery of goods and services, facilitates property transactions, and enables accurate assessment of property values. In emergencies, a clearly defined address can be the difference between a timely response and a delayed one. Furthermore, in a popular tourist destination like South Lake Tahoe, specific addresses assist visitors in finding their accommodations, restaurants, and other points of interest. This contributes to the smooth operation of the local economy and enhances the visitor experience.
Understanding the significance of precise location identifiers like this address provides context for further exploration of topics relevant to real estate, tourism, and the infrastructure of South Lake Tahoe. These topics might include property market trends, local amenities and attractions, or community development initiatives.
1. Location
Location plays a critical role in defining a property’s value and desirability. In the case of 1175 Melba Drive, its location within South Lake Tahoe, California, provides a specific context that significantly influences its characteristics and potential.
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Proximity to Lake Tahoe
The proximity of a property to Lake Tahoe is a major determinant of its value. Properties closer to the lake often command premium prices due to the desirability of lakefront access, views, and recreational opportunities. The specific distance of 1175 Melba Drive from the lake is a key factor in assessing its market position.
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Neighborhood Characteristics
The neighborhood surrounding a property contributes significantly to its overall appeal. Factors such as the surrounding properties, local amenities, and the general atmosphere of the area influence the desirability of a location. Researching the specific neighborhood surrounding 1175 Melba Drive offers valuable insights into its character.
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Accessibility and Transportation
Ease of access to major transportation routes, public transportation options, and the proximity to airports are important considerations. The accessibility of 1175 Melba Drive influences its convenience for residents and visitors alike.
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Local Amenities and Services
The availability of essential services such as schools, hospitals, shopping centers, and restaurants in close proximity significantly impacts the quality of life in a particular location. Evaluating the proximity of these amenities to 1175 Melba Drive offers valuable insights into its practicality and convenience.
These location-based facets contribute significantly to the overall understanding of a property like 1175 Melba Drive. Analyzing these elements provides a comprehensive perspective on its potential and value within the South Lake Tahoe real estate market. Further investigation might include comparing its location to other properties in the area or examining historical data on property values in the neighborhood.
2. Property Type
Property type significantly influences market value, potential usage, and legal considerations. Determining the property type for 1175 Melba Drive, South Lake Tahoe, CA, is crucial for accurate valuation and understanding its role within the local real estate landscape.
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Residential
If classified as residential, the property could be a single-family home, a townhouse, or a condominium. This classification impacts property taxes, insurance rates, and potential rental income. Residential properties in South Lake Tahoe often serve as primary residences, vacation homes, or long-term rentals. Understanding local zoning regulations is crucial in this context.
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Commercial
Commercial designation suggests potential use for businesses, such as retail stores, restaurants, or offices. This classification entails different regulations regarding building codes, parking requirements, and operating permits. The proximity to tourist attractions in South Lake Tahoe could make a commercial property at this address highly desirable.
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Mixed-Use
A mixed-use property combines residential and commercial elements. This designation offers flexible usage options, potentially including residential units above commercial spaces. This type of property can be particularly attractive in tourist areas, offering both living space and income-generating opportunities. Zoning regulations would play a significant role in determining allowable uses.
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Vacant Land
If the property is vacant land, its value is tied to development potential. Factors such as zoning regulations, lot size, and topography influence its suitability for construction. The location in South Lake Tahoe could make vacant land attractive for development, but environmental regulations and permitting processes would need careful consideration.
Accurate identification of the property type for 1175 Melba Drive is essential for any real estate assessment. This classification provides a foundation for understanding its potential, limitations, and market value within the context of South Lake Tahoe. Further research into local property records and zoning ordinances can provide more specific details.
3. Market Value
Market value, representing the estimated price a property would fetch in a competitive market, is a critical aspect of understanding any real estate asset, including the property at 1175 Melba Drive, South Lake Tahoe, CA. Several factors contribute to a property’s market value, creating a complex interplay of influences.
Location significantly impacts market value. Proximity to Lake Tahoe, desirable neighborhoods, accessibility, and views can substantially increase a property’s worth. The specific location of 1175 Melba Drive within South Lake Tahoe, its distance from the lake, and the surrounding neighborhood directly influence its potential market value. For instance, a property directly on the lakefront would likely command a higher price than one several blocks away. Similarly, properties in established, sought-after neighborhoods tend to hold higher values.
Property features also play a vital role. Size, age, condition, number of bedrooms and bathrooms, amenities, and recent renovations influence market value. A larger, updated property with modern amenities would likely have a higher market value compared to a smaller, older property requiring renovations. The specific characteristics of the property at 1175 Melba Drive, including its size, layout, and condition, contribute to its overall valuation. Furthermore, unique features, like a private dock or a large lot, could significantly enhance its market value.
Market conditions exert a strong influence on property valuations. Supply and demand, interest rates, and economic trends affect pricing. In a seller’s market with limited inventory, property values tend to rise. Conversely, in a buyer’s market with high inventory, prices may decrease. Current market conditions in South Lake Tahoe directly impact the potential market value of 1175 Melba Drive. Analyzing recent sales data for comparable properties in the area provides a more accurate assessment of its current market value. Understanding these factors provides valuable insight for potential buyers, sellers, and investors interested in properties like 1175 Melba Drive.
4. Neighborhood
Neighborhood context significantly influences property values and resident experiences. Analyzing the neighborhood surrounding 1175 Melba Drive, South Lake Tahoe, CA, provides crucial insights into its character and potential. Several key factors contribute to this understanding. Proximity to amenities, including grocery stores, restaurants, and recreational facilities, affects convenience and lifestyle. A neighborhood rich in amenities often increases property values and attracts residents seeking an active lifestyle. The presence of parks, hiking trails, and lake access points within walking distance enhances the desirability of a location like 1175 Melba Drive. Conversely, a lack of nearby amenities may necessitate greater reliance on personal transportation.
Neighborhood demographics, encompassing factors like average household income, age distribution, and education levels, shape community dynamics. Understanding these demographics provides insight into the neighborhood’s character and potential for future growth. A neighborhood with a diverse population and strong community involvement may offer a richer social experience. School quality significantly influences property values, especially for families with children. Proximity to highly-rated schools often commands premium prices. The quality of local schools serving the neighborhood around 1175 Melba Drive can be a decisive factor for prospective buyers. Crime rates and safety concerns represent critical factors influencing neighborhood desirability. Low crime rates contribute to a sense of security and enhance property values. Researching crime statistics for the area surrounding 1175 Melba Drive provides valuable insights into neighborhood safety.
Understanding neighborhood dynamics offers a comprehensive perspective on the potential of 1175 Melba Drive. This analysis allows potential buyers, investors, and residents to assess its suitability within the broader context of South Lake Tahoe. Evaluating these factors facilitates informed decision-making, balancing individual needs with the unique characteristics of the surrounding neighborhood. A comprehensive neighborhood analysis extends beyond basic amenities, encompassing social fabric, safety, and future growth potential, essential factors for a complete understanding of a property within its local context.
5. Accessibility
Accessibility, referring to the ease with which a location can be reached, is a crucial factor influencing property desirability and value. For a property like 1175 Melba Drive, South Lake Tahoe, CA, accessibility considerations encompass various aspects, impacting both residents and visitors.
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Road Access and Conditions
Road access plays a vital role in determining a property’s accessibility. Year-round access is essential, particularly in mountainous regions like South Lake Tahoe, where winter weather can create challenging driving conditions. The condition of roads leading to 1175 Melba Drive, including their maintenance and susceptibility to closures during inclement weather, significantly impacts its accessibility. Steep inclines or unpaved roads can present challenges for some vehicles.
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Proximity to Major Transportation Hubs
Proximity to major transportation hubs, including airports, bus stations, and major highways, influences a property’s connectivity to the broader region. The distance of 1175 Melba Drive from these hubs affects travel time and convenience for residents and visitors. Easy access to transportation networks increases a property’s desirability, particularly for those who travel frequently or rely on public transportation.
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Public Transportation Options
The availability and frequency of public transportation options near a property influence its accessibility for individuals who do not own vehicles or prefer alternative modes of transport. The presence of bus routes or shuttle services near 1175 Melba Drive impacts its accessibility for residents and visitors who rely on public transportation. Reliable public transportation can enhance a property’s appeal, especially in areas with limited parking or high traffic congestion.
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Parking Availability
Parking availability, both on the property and in the surrounding area, is a practical consideration affecting accessibility. Adequate parking space is essential for residents and visitors, particularly in popular tourist destinations like South Lake Tahoe. The availability of parking at 1175 Melba Drive, including garages, driveways, and street parking, directly impacts its accessibility and convenience.
These accessibility factors contribute significantly to the overall desirability and value of a property like 1175 Melba Drive. Evaluating these elements offers valuable insights for potential buyers, investors, and visitors, enabling informed decisions based on individual transportation needs and preferences. Accessibility considerations are integral to understanding a property’s integration within the broader transportation network and its overall practicality within the context of South Lake Tahoe.
6. Proximity to Amenities
Proximity to amenities significantly influences property desirability and market value. For 1175 Melba Drive, South Lake Tahoe, CA, understanding the accessibility of essential and recreational amenities provides crucial context for evaluating its potential. This analysis explores the relationship between the property and its surrounding amenities, highlighting their impact on resident lifestyle and investment potential.
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Essential Services
Access to essential services, including grocery stores, pharmacies, and healthcare facilities, is a practical consideration for residents. The distance of 1175 Melba Drive from these services impacts daily convenience and overall quality of life. Easy access to essential services enhances a property’s appeal, particularly for full-time residents. Proximity to well-regarded medical facilities provides added peace of mind.
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Recreational Opportunities
South Lake Tahoe is renowned for its recreational opportunities, including skiing, hiking, boating, and lakefront activities. A property’s proximity to these attractions significantly influences its desirability, particularly for vacation homes or rental properties. The distance of 1175 Melba Drive from ski resorts, hiking trails, and lake access points directly affects its appeal to outdoor enthusiasts. Convenient access to recreational activities enhances the property’s value and potential for generating rental income.
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Dining and Entertainment
The availability of diverse dining and entertainment options contributes to a vibrant lifestyle. Proximity to restaurants, bars, and entertainment venues enhances the appeal of a property, both for residents and visitors. The concentration of such establishments near 1175 Melba Drive influences its desirability for those seeking a lively social scene. Easy access to dining and entertainment options adds to the overall convenience and enjoyment of living in or visiting the area.
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Shopping and Retail
Access to shopping centers and retail stores caters to everyday needs and enhances convenience. The proximity of 1175 Melba Drive to shopping districts influences its practicality for residents. A variety of retail options nearby caters to diverse needs and preferences. Convenient access to shopping reduces travel time and enhances daily living.
The proximity of 1175 Melba Drive to these amenities directly influences its appeal and market value. A thorough assessment of these factors provides valuable insights for potential buyers, investors, and renters, enabling informed decisions based on individual lifestyle preferences and investment objectives. This analysis contributes to a comprehensive understanding of the property’s position within the dynamic landscape of South Lake Tahoe.
7. Potential Use Cases
Potential use cases for a property like 1175 Melba Drive, South Lake Tahoe, CA, depend on its characteristics and the surrounding market. Analyzing these potential uses provides valuable insights for investors, buyers, and sellers, allowing for a comprehensive assessment of the property’s value and suitability for different purposes.
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Primary Residence
Occupying the property as a primary residence offers the benefits of living in South Lake Tahoe year-round, enjoying the natural beauty and recreational opportunities. This use case depends on the property’s suitability for full-time living, considering factors like size, layout, and proximity to essential services. For some, the proximity to outdoor activities and the tranquil environment may make it an ideal primary residence.
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Vacation Home
Utilizing the property as a vacation home allows owners to enjoy the recreational amenities of South Lake Tahoe during specific seasons or holidays. This use case hinges on the property’s appeal as a vacation destination and its proximity to attractions like ski resorts, hiking trails, and the lake. The potential for rental income during periods of non-occupancy can offset ownership costs, making it an attractive investment for some.
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Long-Term Rental Property
Renting the property to long-term tenants generates consistent rental income. This use case depends on market demand for rentals in the area and the property’s suitability for long-term occupancy. Factors like the number of bedrooms, proximity to amenities, and local rental rates influence its viability as a long-term rental investment. The consistent demand for housing in South Lake Tahoe can make this a lucrative investment strategy.
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Short-Term Rental (Vacation Rental)
Capitalizing on the tourism market by offering the property as a short-term vacation rental can yield substantial income, particularly during peak seasons. This use case requires adherence to local regulations regarding short-term rentals and considerations for property management. Factors like proximity to attractions, property size, and amenities influence its attractiveness to vacationers. The popularity of South Lake Tahoe as a tourist destination makes short-term rentals a potentially profitable option.
These potential use cases highlight the diverse opportunities presented by a property like 1175 Melba Drive. Evaluating these options requires careful consideration of market conditions, property characteristics, and individual investment goals. A comprehensive understanding of these use cases provides a framework for informed decision-making, maximizing the property’s potential within the context of the South Lake Tahoe real estate market. Further research into local regulations, market trends, and comparable property performance can provide additional insights for prospective buyers and investors.
Frequently Asked Questions
This section addresses common inquiries regarding properties located in South Lake Tahoe, using 1175 Melba Drive as a representative example. The information provided aims to offer general insights into the local real estate market and relevant regulations.
Question 1: What are the typical property taxes in South Lake Tahoe?
Property taxes are determined by assessed value and local tax rates, which can vary. Consulting El Dorado County tax assessor resources provides accurate, property-specific information.
Question 2: What are the zoning regulations for properties in this area?
Zoning regulations dictate permissible property uses, such as residential, commercial, or mixed-use. The City of South Lake Tahoe Planning Department provides detailed information on zoning ordinances and specific regulations applicable to individual properties.
Question 3: What is the availability of utilities (water, electricity, gas) in this location?
Utility availability can vary depending on the specific location within South Lake Tahoe. Contacting local utility providers is recommended to confirm service availability and connection procedures for a specific address.
Question 4: Are there any specific natural hazard risks associated with this area (e.g., wildfires, snowstorms)?
South Lake Tahoe is susceptible to certain natural hazards, including wildfires, snowstorms, and occasional flooding. Consulting local authorities and insurance providers provides information on specific risks and mitigation measures.
Question 5: What are the typical costs associated with homeownership in South Lake Tahoe (e.g., insurance, maintenance)?
Homeownership costs vary based on property size, age, and location. Researching local market data and contacting insurance providers offers insights into typical expenses, including insurance premiums, property taxes, and potential maintenance costs.
Question 6: What is the process for purchasing a property in South Lake Tahoe?
Real estate transactions involve complex legal and financial procedures. Engaging a qualified real estate agent and legal counsel ensures adherence to all necessary steps and protects buyer and seller interests.
These frequently asked questions offer a general overview of property ownership in South Lake Tahoe. Consulting local authorities and professionals provides property-specific information and expert guidance tailored to individual circumstances. Understanding these general aspects contributes to informed decision-making in the South Lake Tahoe real estate market.
For further information regarding specific properties and market trends, please consult local real estate professionals and official resources.
Tips for Researching Real Estate
Thorough research is essential for informed real estate decisions. These tips offer guidance for navigating the complexities of property analysis, using a South Lake Tahoe property as an illustrative example.
Tip 1: Analyze Location Thoroughly
Location significantly impacts property value and lifestyle. Research proximity to amenities, transportation, and local attractions. For example, a property near Lake Tahoe offers recreational benefits but may also command a higher price. Evaluate neighborhood characteristics, considering factors like noise levels, traffic, and community amenities.
Tip 2: Understand Property Type Considerations
Different property types (residential, commercial, mixed-use) have varying implications for taxes, insurance, and potential usage. Research local zoning regulations and building codes to determine allowable uses and restrictions. A property designated for commercial use may have different regulations than a residential property, impacting its potential value and development options.
Tip 3: Conduct Comprehensive Market Analysis
Market value is influenced by various factors, including recent sales data, market trends, and property features. Compare similar properties in the area to assess value accurately. Analyze market trends to understand potential appreciation or depreciation. A property’s condition, size, and features, like lake views or updated kitchens, can significantly influence its market value.
Tip 4: Assess Neighborhood Dynamics
Neighborhood characteristics influence lifestyle and property values. Research school districts, crime rates, and community demographics to gain a comprehensive understanding. A family-friendly neighborhood with good schools may be more appealing to certain buyers, impacting property demand. Investigate local community organizations and neighborhood associations for insights into the area’s social fabric.
Tip 5: Evaluate Accessibility and Transportation
Consider road access, proximity to transportation hubs, and public transportation options. Properties with easy access to major highways or public transportation may be more desirable for commuters or those without personal vehicles. In areas like South Lake Tahoe, winter weather conditions can impact accessibility, making year-round access a critical consideration.
Tip 6: Investigate Potential Use Cases
Determine potential use cases, such as primary residence, vacation home, or rental property, based on property characteristics and market demand. A property suitable for short-term vacation rentals may generate higher income but requires more management. Evaluate local rental regulations and market demand to determine the feasibility of different rental strategies.
Thorough research empowers informed decisions, minimizing risks and maximizing investment potential. Due diligence is crucial for navigating the complexities of real estate transactions.
These research tips provide a starting point for analyzing properties. Consulting local real estate professionals and legal experts provides specialized guidance tailored to specific circumstances and locations. Professional advice is invaluable for navigating the intricacies of real estate transactions and ensuring compliance with local regulations.
Conclusion
Analysis of the property located at 1175 Melba Drive, South Lake Tahoe, CA, requires careful consideration of various factors. Location within South Lake Tahoe influences market value due to proximity to Lake Tahoe and surrounding amenities. Property type determines potential usage and applicable regulations. Market conditions, including comparable sales data and local trends, shape valuation. Neighborhood characteristics, encompassing demographics, school quality, and safety, impact resident experience. Accessibility considerations, including road access and transportation options, affect convenience. Proximity to essential and recreational amenities influences lifestyle and investment potential. Potential use cases, ranging from primary residence to vacation rental, depend on individual circumstances and market dynamics.
Thorough due diligence, encompassing these factors, is essential for informed decision-making regarding real estate transactions. Understanding market dynamics, property specifics, and local regulations empowers buyers, sellers, and investors to navigate the complexities of the South Lake Tahoe real estate landscape effectively. Further research and consultation with local professionals provide tailored guidance and facilitate successful real estate endeavors.
