$1,500,000 Active
4101 Lake Tahoe Boulevard #319
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. A city VHR permit and TOT still apply — as of August 2026 the city waitlists new applications citywide, so confirm current permitting and waitlist status with the city.
2 Beds
·
2.0 Baths
·
1,147 Sq Ft
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About This Property

A rare opportunity to own Zalanta Resort at the Village's 's premier two-bedroom penthouse residence.Perfectly positioned in the heart of the Village, Residence 319 is one of only two two-bedroom residences with direct views of Heavenly Village, the Heavenly Gondola, and Heavenly Mountain Resort. It's rare elevated interior window design captures exceptional natural light and showcases dramatic village-to-mountain views rarely available at Zalanta. Offered by its original owners and meticulously maintained since completion in 2017, Residence 319 is being sold fully furnished and turnkey. With an established history in the onsite rental program, the residence offers immediate enjoyment paired with strong income potential. Zalanta is a true full service resort with a fitness center, pool, hot tubs, ski valet services, a front desk concierge all proudly managed by Vail Resorts. Just steps away, you'll find skiing, trails for hiking and mountain biking, Lakeside Beach and Marina and the legendary Edgewood Golf Course.

Listed by Michael Dunn — Chase International

Listing Details

Status Active
MLS # 143203
Days on Market 54
Sold Date 1800-01-01
Price/Sq Ft $1,308

Property History

Jul 21, 2026
Listed for sale
$1,500,000
Aug 15, 2026
Pending
$1,500,000
Sep 03, 2026
Relisted
$1,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2018 · county record $1,250,000 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 2
Baths 2.0
Sq. Ft. 1,147
Lot Size 0.03 acres
Year Built 2017
Property Type Condominium
Subdivision Lakeside Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 02906225100
Parking
Parking Features None
Exterior & Lot
View Mountains, Forest, Ski Resort, Other/See Remarks
Construction Wood Frame, Wood Siding, Metal Siding, Steel Frame
Roof Pitched, Composition, Metal
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $1,183 / Monthly
HOA & Community
Community Amenities Pool, Hot Tub, Additional Parking, Security, Beach, Marina, 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 Premium
57
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$179
Occupancy
54%
Cap Rate
0.9%

STR Investment Summary — 4101 Lake Tahoe Boulevard #319, South Lake Tahoe

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$179
Projected Occupancy
53.7%
Cap Rate
0.9%
Structural Score: 57 / 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,155 sq ft covered of 346 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,155 sq ft
Allowed Coverage
346 sq ft · 30%
Existing Coverage
1,155 sq ft · 100%
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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
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