$765,000 Active
3535 Lake Tahoe Boulevard #521
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.
2 Beds
·
1.0 Baths
·
1,127 Sq Ft
Virtual Tour

About This Property

This Lakeland Village townhouse offers one of the premier locations in the community, surrounded by Jeffrey pines and expansive open lawn. The property is just a one minute stroll along the private stone paver pathways to the beach, the HOA's new private pier, lakeside fire pits, beach side pool and hot tub, and elevated sunset deck.The home is fully furnished and turnkey, featuring upgraded cabinetry, granite slab countertops, an undermount stainless steel sink, stainless steel appliances, and updated plumbing fixtures. The spacious lower level bedroom is located adjacent to the main bathroom and laundry. A wide hallway provides ample storage, toy and gear space.Open tread wood stairs lead to the second floor living room with vaulted open beam ceilings and a stone fireplace. The kitchen includes a breakfast bar and dining nook. A sliding glass door opens to a private balcony overlooking open space and Jeffrey pines. The third floor loft, also with vaulted open beam ceilings, serves as the second bedroom.Lakeland Village amenities include private pier, a year round heated pool and spa at the main lodge, subterranean parking, a fitness center, two saunas, and a lodge lobby with a stone fireplace. Located in the Tourist Core, the property is eligible for short term vacation rental permits.Conveniently located across from Whole Foods and multiple dining options. Ski Run Marina is just a short beach stroll away, offering additional restaurants, shopping, and water activities. The main bike trail runs directly in front of the community, and the new South Lake Tahoe Community Center is nearing completion nearby. Lakeland Village is located in the Tourist Core where short term vacation permits are availble. Close to casinos, entertainmet, world class golf and ski resorts and so much more. Location! Location!

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142931
Sold Date 1800-01-01
Price/Sq Ft $679

Property History

May 20, 2026
Listed for sale
$765,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,127
Year Built 1972
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027531028000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Lake Front,Water Front
View Other/See Remarks
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Masonry
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
Annual Tax $9,440
HOA Fee $765 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Sauna,Spa,Hot Tub,Club House,Security,Beach,Pier
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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 — 3535 Lake Tahoe Boulevard #521, South Lake Tahoe

Est. Annual Revenue
$48,215
Avg Nightly Rate
$314
Projected Occupancy
41.7%
Cap Rate
2.5%
Structural Score: 54 / 100 (Standard) · 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% ($153,000)
Home price
$765,000
Loan details
30-yr fixed, 6.5%
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