$445,000 Active
3535 Lake Tahoe Boulevard #229
South Lake Tahoe, CA 96150
✓ 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. VHR permits are broadly available here with no 150-ft buffer. A city VHR permit and 10% TOT still apply.
1 Beds
·
1.0 Baths
·
607 Sq Ft

About This Property

This beautifully upgraded, single‑story Lakeland Village condo offers one bedroom, one bath, and a filtered view of majestic Mount Tallac.The kitchen is equipped with maple cabinetry, full‑size appliances, and is fully stocked with everything you need to prepare memorable meals in this invitingvacation home. The living room provides comfortable seating, a gorgeous stone fireplace, creating instant warmth and ambiance and a sliding glass door that opens to a covered balcony perfect for relaxing outdoors. The spacious bedroom includes a king‑size bed, mirrored closet doors, and its own sliding door to the same covered balcony. The building offers heatedhallways and elevator access to the subterranean parking garage with unassigned parking. Additional elevator access leads to the fitness center, saunas,laundry facilities, and a beautifully appointed lobby featuring yet another stone fireplace.Lakeland Village boasts 1,000 feet of some of the finest sandy beach on Lake Tahoe.expected to be ready by summer. Residents also enjoy beachside fire pits and a seasonal lakeside pool. This particular condo is located in the Lodge building,just steps from the year‑round heated pool and spa outside the lobby. Convenience is unmatched Whole Foods is directly across the street, and numerous restaurants, shops, and recreational opportunities such as water sports,golf, and skiing are all close by. Short‑term vacation rentals are permitted, making this an excellent investment or family getaway.This turnkey home is priced to sell quickly and offers an exceptional opportunity to enjoy the best of Lake Tahoe living.

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143339
Sold Date 1800-01-01
Price/Sq Ft $733

Property History

Aug 09, 2026
Listed for sale
$445,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2022 · county record $527,000 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.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 607
Year Built 1972
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027631026000
Parking
Parking Features None
Exterior & Lot
Lot Features Lake Front, Water Front
View Mountains, Filtered
Construction Wood Frame
Roof Composition
Foundation Concrete/Masonry
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Electric, Wall or Space Heater, Fireplace
Financial
Annual Tax $5,787
HOA Fee $765 / Monthly
HOA & Community
Community Amenities Pool, Sauna, Spa, Hot Tub, Club House, Security, Beach, Pier, Other/See Remarks
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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 #229, South Lake Tahoe

Est. Annual Revenue
$31,476
Avg Nightly Rate
$163
Projected Occupancy
52.8%
Cap Rate
2.8%
Structural Score: 65 / 100 (Premium) · STR Zone: Green

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
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% ($89,000)
Home price
$445,000
Loan details
30-yr fixed, 6.5%
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