$1,825,000 Active
2243 Inverness 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
·
2,492 Sq Ft

About This Property

Welcome to 2243 Inverness Drive, a spacious and beautifully updated Tahoe Keys retreat offering an exceptional combination of space, modern updates, and convenient lake access. Situated on a large 65-foot frontage lot, this 4-bedroom, 3-bath home offers approximately 2,492 square feet of living space and is located just minutes from the open waters of Lake Tahoe.The newly remodeled kitchen is the heart of the home, updated finishes, and brand-new appliances, including a dual-fuel range and oven. The spacious floor plan offers multiple living areas, fireplaces, and abundant natural light, creating an inviting setting for entertaining family and friends or relaxing after a day of Tahoe adventures.Outdoor living is equally impressive, with a large 65-foot frontage lot and a brand-new dock and shared boat slip with the neighboring property. Enjoy quick and easy access from the Tahoe Keys waterways to the open waters of Lake Tahoe, making it easy to get out on the lake and take advantage of Tahoe's world-class boating and recreation.Located in Tahoe Keys 1, one of South Lake Tahoe's most desirable communities, residents enjoy access to a variety of amenities and recreational opportunities. The property's spacious layout, newly remodeled kitchen, new dock, boat slip, generous frontage, and convenient lake access make this an exceptional opportunity to own a Tahoe retreat with everything you need to enjoy the lake lifestyle.

Listed by Thomas Cefalu — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143344
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $732

Property History

Aug 14, 2026
Listed for sale
$1,825,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,492
Lot Size 0.17 acres
Year Built 1979
Property Type Single Family Residence
Subdivision Tahoe Keys 01
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022042002000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip, Boat Dock
Lot Features Backs to Lagoon
View Mountains, Lagoon
Construction Wood Frame, Rock
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Hot Water System, Wood, Fireplace
Financial
HOA Fee $1,800 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Security, Beach, Dock, Pier, Boat Launch, Marina, Park
📊

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 — 2243 Inverness Drive, South Lake Tahoe

Est. Annual Revenue
$52,142
Avg Nightly Rate
$300
Projected Occupancy
47.8%
Cap Rate
1.1%
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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,703 sq ft covered of 2,257 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,523 sq ft
Allowed Coverage
2,257 sq ft · 30%
Existing Coverage
2,703 sq ft · 36%
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% ($365,000)
Home price
$1,825,000
Loan details
30-yr fixed, 6.5%
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