$1,040,000 Closed
2283 Arizona Avenue
South Lake Tahoe, CA 96150
SOLD 2026-04-24
Sold for $877,000 (listed at $1,040,000)
4 Beds
·
3.0 Baths
·
1,910 Sq Ft

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It sold for $877,000 on 2026-04-24, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Turn-Key Vacation Rental! ---Welcome to one of South Lake Tahoe's most compelling investment opportunities a fully turn-key vacation rental located less than half a mile from the Tahoe Keys Marina, already generating strong income with future bookings in place. The current owner recently invested approximately $75,000 in upgrades including professional interior design, all-new furnishings, a new hot tub, and a new fireplace, creating a guest-ready property that stands out in a competitive rental market. With projected annual income of approximately $125,000, this home is positioned to deliver immediate returns from day one of ownership. --- The 1,900 square foot, four-bedroom, three-bathroom layout has been carefully planned to accommodate up to eight adults comfortably. The main living area features a temperature-controlled gas fireplace, high-speed Wi-Fi, and multiple TVs, while the well-equipped kitchen includes quality appliances, ample counter and dining space, and both a Keurig and drip coffee maker. A king suite, two queen bedrooms, and a bunk room provide flexible sleeping arrangements, and three full bathrooms keep busy mornings running smoothly. ---Outside, the home truly shines with multiple decks, a large fully fenced backyard with a gas BBQ, and a brand-new six-person hot tub on the lower deck. A two-car garage with EV charging and driveway parking for two additional vehicles round out the practical details. ---Situated in a quiet residential neighborhood with easy access to world-class skiing at Heavenly, summer lake recreation, hiking, and South Lake Tahoe's best dining and shopping, this property checks every box for both guests and investors. With a perfect five-star rating across thirteen reviews, a proven rental track record, and bookings already on the calendar, this is a rare chance to step into a cash-flowing Tahoe asset with nothing left to do but collect the returns. Contact us today to schedule a private showing.

Listed by Michael Keller — Keller Properties

Listing Details

Status Closed
MLS # 142620
Sold Date 2026-04-24
Sold Price $877,000
Price/Sq Ft $545

Property History

Mar 16, 2026
Listed for sale
$1,040,000
Current
Sold
$877,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2025 $850,000 Dustin AllenSierra Sotheby's International Realty Michael A KellerKeller Properties
Apr 2026 · this listing $877,000 (+3%) Michael KellerKeller Properties Brent JohnsonChase International - South Lake Tahoe

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 4
Baths 3.0
Sq. Ft. 1,910
Lot Size 0.14 acres
Year Built 1965
Property Type Single Family Residence
Subdivision Tahoe Island Park 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023752005000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub,Storage Shed,Bear-Proof Trash Can
Construction Wood Frame,Wood Siding,Rock
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas,Hot Water System,Baseboard
Cooling Natural Gas,Hot Water System,Baseboard
Financial
HOA / Community South Tahoe Association of Realtors

STR Investment Summary — 2283 Arizona Avenue, 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: 69 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,824 sq ft covered of 1,832 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,108 sq ft
Allowed Coverage
1,832 sq ft · 30%
Existing Coverage
2,824 sq ft · 46%
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 ↗ How the Basin compares
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