$649,500 $669,500 ↓ $20,000 reduced Active
2031 Venice Drive #327
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
3 Beds
·
2.0 Baths
·
1,390 Sq Ft
Virtual Tour

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why Home insurance $2,300 – $2,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Elevate your Tahoe Keys lifestyle in this beautifully appointed 3-bedroom, 2-bath townhome, offering waterfront convenience and true Tahoe charm. Step inside to an inviting open-concept upstairs living area with warm wood tones, elegant exposed beam ceilings, a stylish kitchen and dining space, and a gas insert fireplace, perfect for cozy evenings.Relax on the upper deck and enjoy breathtaking views of Mount Tallac. The upstairs level also features the primary bedroom with an en-suite bath, while two additional bedrooms downstairs provide privacy and flexibility. A convenient Jack-and-Jill bathroom adds everyday ease. Step out to the back deck for Tahoe mornings and mountain sunsets, plus an additional storage closet for extra convenience.Best of all, enjoy the lifestyle you came for - your boat dock provides access to Lake Tahoe, along with exclusive Tahoe Keys community amenities including private beaches, pickleball and tennis, indoor and outdoor pools, and the marina. Minutes from skiing, boating, hiking, and mountain biking.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 143102
Days on Market 109
Price/Sq Ft $467

Property History

Jul 05, 2026
Listed for sale
$669,500
Sep 01, 2026
Price reduced
$649,500 $669,500 ↓ $20,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2016 · county record $322,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,390
Lot Size 0.02 acres
Year Built 1970
Property Type Townhouse
Style Contemporary
Subdivision St Moritz Townhouses 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022195025000
Exterior & Lot
Exterior Features Boat Dock
Lot Features Water Front
View Mountains, Lagoon
Construction Wood Frame, Wood Siding, Rock
Roof Flat
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $4,856 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Hot Tub, Club House, Security, Beach, Pier, Boat Launch, Marina, Park
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
52
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 2031 Venice Drive #327, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 52 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$417,000
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$5,298 per month
Principal & interest
$3,284/mo
Property taxes
$592/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$1,214/mo
From MLS listing data.
Home insurance
$208/mo
CA FAIR Plan + DIC estimate, ~$2,300–$2,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($129,900)
Home price
$649,500
Loan details
30-yr fixed, 6.5%
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