Introducing The Redwood

Address: 3737 Terrace Dr, South Lake Tahoe, CA $252,000 • ⅛ Ownership

5 B E D • 4 B A T H • 3,168 SFYou can’t help but feel one with nature in this designer-remodeled, three-level home. The exterior facelift uses redwood and slate, IPE and slate decking, redwood railings and a new metal roof. Inside, new oak and mahogany flooring glows throughout.

The top level great room offers a light-filled living room with a floor-to-ceiling concrete fireplace and doors leading to a massive slate deck. The adjoining gourmet kitchen, with gleaming quartz countertops, and the dining area have soaring wood ceilings with exposed rafters. The middle level includes the main entry, a large family/flex room, three spacious bedrooms and two bathrooms. Two new, bright master en-suites bedrooms and a laundry room comprise the bottom level. The bathrooms have custom porcelain and marble tilework and heated floors. One master has a sliding glass door to a deck and hot tub surrounded, of course, by nature.

Nick Huddlestonnick@pacaso.com

(513) 315-1232

Flexible financing

Together with our banking partners, Pacaso offers buyers access to a competitive-rate mortgage for up to 50% of their home’s purchase price. Other options include tapping a HELOC or personal line of credit.

LLC membership formation

As a benefit to buyers, Pacaso provides:

● Legal: LLC origination and legal setup, operating agreement designed for co-ownership

● Financing: Access to financing structure● Marketing: Aggregation and vetting of the

ownership group

The Redwood

Pacaso’s fully managed LLC co-ownership of a second home is like hitting the easy button. Co-owning means you pay less up front to purchase the home and share ongoing expenses equitably. We take care of all the details like home decor, maintenance and property management. You just show up and relax.

(i) Includes items such as: Furniture , linens, home goods, technology, storage, minor repairs, etc.

3737 Terrace Drive Whole Home Per ⅛ Share

Home Acquisition $1,695,000 $211,875

Home Furnishings & Amenities (i) $105,000 $13,125

Total Cost of Property $1,800,000 $225,000

LLC Membership Formation $216,000 $27,000

Share Price $2,016,000 $252,000

A turnkey and fully managed co-ownership experience

LLC asset managementPacaso delights owners with a fully managed ownership experience. This includes:

● Property oversight: Pacaso oversees all local vendor management, cleaning & sanitization, home repairs, ongoing maintenance, interior design updates and more.

● Platform technology: Ongoing software development of the Owner app, SmartStay scheduling technology and LLC legal maintenance.

● Owner support: A dedicated Pacaso crew member will onboard owners and provide ongoing support.

● Loan guarantee: Pacaso guarantees the LLC loan. If one owner defaults, the co-owners are protected.

Estimated operating expensesPacaso owners share monthly operating expenses, pro rata. All expenses are passed along at cost, with no markup. The monthly cost is all inclusive. There are no surprises or hidden costs.

Own for dramatically reduced cost

(i) Includes preventative (i.e. roo), recurring (i.e. landscaping) and ad hoc maintenance

3737 Terrace DriveWhole Home Per ⅛ Share

Taxes $18,018 $2,252

Cleaning $25,500 $3,188

Property Management $7,200 $900

Maintenance (i) $13,960 $1,745

Utilities $13,740 $1,717

LLC Asset Management $9,504 $1,188

Insurance $12,390 1,549

Repairs Reserve $6,200 $775

Annual Total $106,512 $13,314

Monthly Contribution

(All-Inclusive) $8,876 $1,109