$668,000 $775,000 ↓ $107,000 reduced Active
2071 Venice Drive #294
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. 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
·
1,247 Sq Ft

About This Property

This unique free-standing townhouse in Tahoe Keys has no common wall neighbors allowing for uninterrupted 360-degree views of the surrounding mountains and waterways.As a bonus, this unit enjoys the use of both sides of the boat slip just steps away from the deck and access to all world class Tahoe Keys amenities including swimming pools, tennis and pickle ball courts, a private beach and more. Inside, the bright airy floor plan features spacious living, an updated kitchen, 3 generous bedrooms and 2 baths. For convenience it sells furnished. Perfect for lake days (just a short boat ride away), cozy nights and everything in between!

Listed by Adele Lucas — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 141445
Days on Market 524
Sold Date 1800-01-01
Price/Sq Ft $536

Property History

Apr 17, 2025
Listed for sale
$775,000
Jul 24, 2026
Price reduced
$668,000 $698,000 ↓ $30,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,247
Lot Size 0.02 acres
Year Built 1968
Property Type Townhouse
Style Contemporary
Subdivision St Moritz Townhouses 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022194009000
Exterior & Lot
Exterior Features Boat Dock
Lot Features Backs to Lagoon
View Mountains
Construction Wood Frame, Wood Siding
Roof Flat, Other
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $4,192 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Security, Beach, Boat Launch, Marina, Park
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$25K – $50K typically ~$35,000
~$2,917 per month
Avg Nightly
$179
Occupancy
54%
Cap Rate
2.1%

STR Investment Summary — 2071 Venice Drive #294, 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.
Est. Gross Annual Revenue
$25K – $50K
typically ~$35,000
Avg Nightly Rate
$179
Projected Occupancy
53.5%
Cap Rate
2.1%
Structural Score: 49 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
611 sq ft covered of 204 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
680 sq ft
Allowed Coverage
204 sq ft · 30%
Existing Coverage
611 sq ft · 90%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($133,600)
Home price
$668,000
Loan details
30-yr fixed, 6.5%
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