$1,898,000 Active
2016 Venice Drive
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
3.0 Baths
·
3,558 Sq Ft

About This Property

Soaring to 23ft ceilings! Floor to Ceiling Windows! Showcase Tranquil Alpine Lake!On a greenbelt it will remain a private retreat.Truly unique 3558sq ft lakeside home has it All! In Front--You're in the prestigious Tahoe Keys, with all the amenities the Keys are famous for, Plus the security of a community. Including a dock H-18 (last slip on right easy in/out)Once Inside this Contemporary Lodge your transported into your own Serene Mountain Lake setting! Truly a one-of-a-kind Artistic Natural Wood and Stone Elements throughout!All across the back side, 20ft + tall Windows, from the Dining area to the 22ft Natural Slate Gas Fireplace, even into the Bedroom/Exercise Room, this open concept home showcases a wide part of Idyllic Lake Tallac. Almost no visible homes on the other side except the Beaver's Den, watch Eagles and Asprey fish, or throw your own line in, just like you are at your own Mountain Retreat!4 Bedrooms, Huge Master features private deck with Lake views, Electric Fireplace, Large Walkin closet, Spa inspired natural stone master bath with dual headed shower plus ceiling Rain head and separate oversized jetted tub with another electric Fireplace. 3 other bedrooms feature High ceilings, decks, 1 with electric fireplace, 1 on ground floor could be Exercise room. 3 Full Baths, 2 with jetted tubs. Dedicated Office. Ground floor Office, full bath and Bedroom could be Au pair Suite.Gourmet Granite kitchen with Professional Jade Gas range, large Prep Island, 2 sinks and expansive walk in Pantry! Coffee and Breakfast Bar. Wine Closet!2 Car Garage. In Floor throughout Heat. This Home exemplifies all the Best of the Tahoe Experience!

Listed by Brian Dombroski — Dombroski Realty

Listing Details

Status Active
MLS # 143225
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $533

Property History

Jul 18, 2026
Listed for sale
$1,898,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,558
Lot Size 0.33 acres
Year Built 2005
Property Type Single Family Residence
Style Other/See Remarks
Subdivision Tahoe Keys Units 5
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022351035000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can, Boat Dock, Other/See Remarks
Lot Features Lake Front, Adjacent to Forest
View Mountains, Lake, Forest, Ski Resort, Other/See Remarks
Construction Wood Frame, Wood Siding, Log
Roof Pitched, Composition, Other
Foundation Concrete/Crawl Space, Post & Pier
Utilities & Systems
Heating Hot Water System, Radiant Heat-Floor, Other/See Remarks
Financial
HOA Fee $1,700 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Club House, Additional Parking, Security, Beach, Dock, Pier, Boat Launch, Marina, Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 2016 Venice Drive, South Lake Tahoe

Est. Annual Revenue
$64,750
Avg Nightly Rate
$376
Projected Occupancy
47.2%
Cap Rate
1.4%
Structural Score: 82 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,312 sq ft covered of 2,538 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
14,376 sq ft
Allowed Coverage
2,538 sq ft · 18%
Existing Coverage
3,312 sq ft · 23%
Addable Coverage
0 sq ft
IPES Score
884.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($379,600)
Home price
$1,898,000
Loan details
30-yr fixed, 6.5%
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