$435,000 Active
3535 Lake Tahoe Boulevard #211
South Lake Tahoe, CA 96150

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✓ STR Allowed — No 900 Cap
Inside South Lake Tahoe's Tourist Core Area (TRPA TCAP) — commercial/recreational zoning that is exempt from the 900-permit residential VHR cap. A city VHR permit and TOT still apply; the waitlist covers residential areas, not the Tourist Core. Confirm current permitting status with the city.
1 Beds
·
1.0 Baths
·
607 Sq Ft

Our data on this home

About This Property

This beautifully furnished Lakeland Village condo offers a peek a boo lake view from its covered balcony and an unbeatable location in the heart of South Lake Tahoe. This spacious, single story one bedroom residence sits just steps from the year round heated pool and spa, fitness center, saunas, and the stunning lodge-style lobby. Elevator access takes you directly to the underground parking garage, and you're only a two minute stroll to one of the best sandy beaches on the South Shore.Lakeland Village is a premier lakefront community featuring three swimming pools, two hot tubs, beachside fire pits, a fitness center, two saunas, and over 1,000 feet of sandy beach. A brand new, modern pier has just been completed, adding even more value to this exceptional property.Inside the condo, you'll find thoughtful upgrades including a double sink vanity, a cozy gas iron stove, and two sliding glass doorsone from the bedroom and one from the living roomopening to your private balcony. The home is offered fully furnished, making it a true turnkey short term vacation rental, with STRs fully approved within Lakeland Village.The location is unmatched: stroll to restaurants, shopping, water sports, golf, parks, and the lake. Whole Foods is directly across the street, adding everyday convenience to this resort style living experience.This condo is priced to sell and includes everything you need to enjoy Tahoe immediatelywhether as a personal getaway, an income producing rental, or both.

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142979
Days on Market 150
Price/Sq Ft $717

Property History

May 25, 2026
Listed for sale
$435,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2007 · county record $340,000 Deed record — brokerage sides not reported

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 1
Baths 1.0
Sq. Ft. 607
Year Built 1975
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027631007000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Lot Features Lake Front, Water Front
View Lake, Filtered
Construction Wood Frame
Roof Composition
Foundation Concrete/Masonry
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Electric, Wall or Space Heater, Fireplace
Cooling Other/See Remarks
Financial
Seller's Annual Tax $2,883
HOA Fee $782 / Monthly
HOA & Community
Community Amenities Pool, Sauna, Spa, 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 Premium
69
PROJECTED GROSS ANNUAL REVENUE
$20K – $50K typically ~$30,000
~$2,500 per month
Avg Nightly
$156
Occupancy
53%
Cap Rate
2.7%

STR Investment Summary — 3535 Lake Tahoe Boulevard #211, South Lake Tahoe

Est. Gross Annual Revenue
$20K – $50K
typically ~$30,000
Avg Nightly Rate
$156
Projected Occupancy
52.8%
Cap Rate
2.7%
Structural Score: 69 / 100 (Premium) · STR Zone: Green

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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,000 – $1,100/yr
about $88/mo
Est. Rebuild Cost (Coverage A)
$182,100
FAIR Plan (fire)
$800/yr
DIC wrap (theft, water, liability)
$200 – $300/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$3,467 per month
Principal & interest
$2,200/mo
Property taxes
$397/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price. The $2,883 on this listing is the seller's bill.
HOA dues
$782/mo
From MLS listing data.
Home insurance
$88/mo
CA FAIR Plan + DIC estimate, ~$1,000–$1,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($87,000)
Home price
$435,000
Loan details
30-yr fixed, 6.5%
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