About This Property
Sierra Shores Lakefront!This 3/4-share luxury townhome offers a rare opportunity for truly carefree lakefront ownership. Exempt from South Tahoe's short-term rental restrictions, this property provides valuable potential for vacation rental income. Over $120,000 in recent updates include designer furnishings, new appliances, window coverings, and more. The unique features and idyllic setting will impress even the most discerning buyer.The spacious great room features vaulted ceilings, a stone fireplace, a gourmet kitchen with Thermador appliances, and a wall of 8-foot-tall sliding glass doors leading to a covered, waterside deck. Additional highlights include a built-in outdoor grill, a theater room (which can serve as a fifth sleeping room), and four spacious bedrooms.The top-floor master suite boasts a private lakefront balcony, wet bar, fireplace, and a large ensuite bathroom with heated floors, a soaking tub, and a separate steam shower.Resort-style amenities in this gated complex of only 16 units include a sprawling lawn, manicured landscaping, private lake access, a swimming pool, hot tub, and fitness center. Buoys are available through the adjacent marina. Association dues include utilities, insurance, and interior/exterior maintenance. A well-established rental program can substantially offset ownership expenses. The property is located just minutes from Stateline casinos, restaurants, and world-class skiing.Purchasing a 3/4 interest in this luxury lakefront condominium at Sierra Shores presents a unique opportunity to enjoy premium Tahoe living with added financial and practical advantages. The other existing owner, a retired couple, who have held their share since the property was built in 2007, are known for being fair, easygoing, and deeply committed to maintaining and updating the unit to the highest standards. Their responsible, collaborative approach ensures a seamless and enjoyable experience for all owners and guests. This partnership not only helps reduce ownership costs but also allows for a significantly lower price of entry.Only two fractionally owned units remain at Sierra Shores don't miss this rare and compelling opportunity.Don't hesitate call for more details or to schedule a showing today!
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 3371 Lake Tahoe Boulevard #6ABD, South Lake Tahoe
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
