$699,999 Active
2081 Venice Drive #281
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
3 Beds
·
3.0 Baths
·
1,370 Sq Ft
Virtual Tour

About This Property

Welcome to your waterfront retreat in the coveted Tahoe Keys. Thoughtfully updated and impeccably maintained, this charming condo offers the perfect blend of comfort, functionality, and mountain-lake living. Recent improvements include all new flooring, fresh interior paint, updated light fixtures, new baseboards and door trim, along with beautifully remodeled bathrooms featuring new vanities, mirrors, lighting, and toilets throughout.Designed for effortless indoor-outdoor living, the bright and open downstairs layout provides easy access to the back patio, expansive grassy area, and private boat dock perfect for entertaining, lawn games, or enjoying peaceful days on the water. The cozy living room features an updated gas fireplace and stunning lake and mountain views that can be enjoyed year-round right from the couch.All three bedrooms feature en-suite bathrooms, offering comfort and privacy for family and guests alike. The downstairs bedroom suite creates ideal separation for visitors, while upstairs the inviting owner's suite offers a private patio with serene lake views. An oversized bunk room with five built-in bunks, shuffleboard, and ample additional space serves perfectly as a secondary playroom, game room, or bunk retreat and includes a shower/tub combo bathroom.Lovingly used exclusively by the family and never operated as a rental, this home is exceptionally clean, cozy, and ready for its next owners to create unforgettable Tahoe memories. New owners may apply for a short-term rental permit should they choose to explore rental opportunities in the future.The Tahoe Keys HOA offers exceptional amenities including indoor and outdoor pools, a private beach, tennis courts, easy lake access, beautifully maintained grounds, trash service, and much more making this an ideal full-time residence, vacation home, or investment opportunity in one of Lake Tahoe's most desirable waterfront communities.

Listed by Blake Popejoy — eXp Realty of California

Listing Details

Status Active
MLS # 142871
Sold Date 1800-01-01
Price/Sq Ft $511

Property History

May 08, 2026
Listed for sale
$699,999
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,370
Lot Size 0.02 acres
Year Built 1969
Property Type Townhouse
Subdivision St Moritz Townhouses 2
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022291013000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed,Bear-Proof Trash Can,Boat Dock
Lot Features Water Front
View Mountains,Lake
Utilities & Systems
Heating Electric,Fireplace
Cooling Electric,Fireplace
Financial
HOA Fee $4,969 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Tennis,Sauna,Spa,Hot Tub,Additional Parking,Security,Beach,Dock,Pier,Boat Launch,Marina,Park
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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 — 2081 Venice Drive #281, South Lake Tahoe

Est. Annual Revenue
$58,799
Avg Nightly Rate
$430
Projected Occupancy
38.4%
Cap Rate
3.4%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($140,000)
Home price
$699,999
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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