Montgomery Estates in South Lake Tahoe has many upscale homes starting at $500,000 to over $1M. Mid level homes are also available starting at $300K. These homes are built on large parcels backing to National Forest. Many are near the meadows with trails to Trout Creek and Cold Creek. There are a diversity of neighborhoods with different topography. Lots of trails and its close proximity to town make this a much sought after area.