$1,477,950 Active
B4 Lake Tahoe Boulevard #Lot 7
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
3 Beds
·
3.5 Baths
·
1,782 Sq Ft

About This Property

3-Bedroom New Construction Townhome in South Lake Tahoe | Tourist Core Location | Short-Term Rental EligibleMeet the Summit Plan at The Villas @ South Shore, a boutique community of just 14 new construction townhomes designed for mountain living. The Summit offers approximately 1,782 sq. ft. with 3 bedrooms and 3.5 bathrooms: three full baths plus a powder room, so guests and family have room to spread out without waiting in line after a day on the mountain.Why the Summit PlanOnly 14 homes in the entire community3 BD / 3.5 BA with approximately 1,782 sq. ft.Efficient, well-planned layout for a second home that's easy to enjoy and easy to manageBrand-new construction designed for low-maintenance ownership, so your time goes to the lake and the slopes, not upkeepFirst homes anticipated to be complete in October 2026Located in South Lake Tahoe's Tourist Core Area, and the community CC&Rs permit short-term rentalsSteps From the Lake, Minutes From the MountainRiva Grill and Ski Run Marina are just across the street, Heavenly Mountain Resort is only minutes away, and Whole Foods Market is just down the road. Morning on the water, afternoon on the slopes, dinner lakeside, all without a long drive.Your Tahoe Getaway, Working for YouUse your new Tahoe home whenever you like, and when you're away, short-term rental may help offset the cost of ownership. Few new construction communities in South Lake Tahoe pair a Tourist Core location with CC&Rs that allow short-term rentals.Frequently Asked QuestionsWhat floor plans are available at The Villas @ South Shore? Two: the 3-bedroom Summit Plan (approx. 1,782 sq. ft.) and the 4-bedroom Shore Plan (approx. 2,019 sq. ft.), each with 3.5 baths.Are short-term rentals allowed? The community is in the Tourist Core Area and the CC&Rs allow short-term rentals. Each owner must obtain their own City of South Lake Tahoe vacation home rental permit.When will homes be ready? The first homes are anticipated to be complete in October 2026.Short-term rental use requires a City of South Lake Tahoe vacation home rental permit obtained by each owner; permits do not transfer with the sale and approval is not guaranteed. Rental income is not guaranteed. Buyer to independently verify zoning, permit eligibility, CC&Rs, HOA dues, square footage, and completion dates.

Listed by Christopher Brown — NEXT Real Estate Group, Inc

Listing Details

Status Active
MLS # 143444
Days on Market 10
Sold Date 1800-01-01
Price/Sq Ft $829

Property History

Sep 03, 2026
Listed for sale
$1,477,950
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,782
Year Built 2026
Property Type Condominium
Style Contemporary
Subdivision Ski Run Village Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Construction Wood Frame
Roof Metal
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
Financial
HOA Fee $728 / Monthly
HOA & Community
Community Amenities 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 Standard
54
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$40,000
~$3,333 per month
Avg Nightly
$226
Occupancy
48%
Cap Rate
1.0%

STR Investment Summary — B4 Lake Tahoe Boulevard #Lot 7, South Lake Tahoe

Est. Gross Annual Revenue
$30K – $70K
typically ~$40,000
Avg Nightly Rate
$226
Projected Occupancy
48.5%
Cap Rate
1.0%
Structural Score: 54 / 100 (Standard) · 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.

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% ($295,590)
Home price
$1,477,950
Loan details
30-yr fixed, 6.5%
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