$1,748,000 Active
2020 Aloha Drive
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.
3 Beds
·
2.5 Baths
·
2,329 Sq Ft

About This Property

Discover a one-of-a-kind waterfront Art House in the prestigious Tahoe Keys community of South Lake Tahoe. This extraordinary residence sits on a wide, serene lagoon with dramatic alpine views of Mt. Tallac.Every corner of this 3 bedroom, 2 1/2 bath Tahoe lodge style home reflects artistic vision with hand painted walls, unique decor and gallery quality finishes that make it a living work of art. Expansive windows frame the natural beauty of the water and mountain vistas.Boating enthusiasts will appreciate the brand-new private dock-just a short ride to the main channel and the world class recreation of Lake Tahoe! The game room, pool table and private hot tub provide year-round entertainment and relaxation.Additional highlights include a motorized awning over the waterfront deck, low maintenance landscaping, and a large garage with abundant storage for lake and mountain toys and gear. Surely, this exceptional retreat is the perfect choice!

Listed by Adele Lucas — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142571
Days on Market 54
Sold Date 1800-01-01
Price/Sq Ft $751

Property History

Mar 06, 2026
Listed for sale
$1,748,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,329
Lot Size 0.16 acres
Year Built 1983
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Keys Units 5
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022301039000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Boat Dock
Lot Features Water Front, Backs to Lagoon
View Mountains, Lagoon
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $1,510 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Security, Beach, Pier, Boat Launch, Marina, Park
📊

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 — 2020 Aloha Drive, South Lake Tahoe

Est. Annual Revenue
$84,693
Avg Nightly Rate
$661
Projected Occupancy
34.8%
Cap Rate
1.9%
Structural Score: 68 / 100 (Premium) · 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% ($349,600)
Home price
$1,748,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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