$435,000 Active
3535 Lake Tahoe Boulevard #211
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 furnished Lakeland Village condo offers a peek a boo lake view from its covered balcony and an unbeatable location in the heart of South Lake Tahoe. This spacious, single story one bedroom residence sits just steps from the year round heated pool and spa, fitness center, saunas, and the stunning lodge-style lobby. Elevator access takes you directly to the underground parking garage, and you're only a two minute stroll to one of the best sandy beaches on the South Shore.Lakeland Village is a premier lakefront community featuring three swimming pools, two hot tubs, beachside fire pits, a fitness center, two saunas, and over 1,000 feet of sandy beach. A brand new, modern pier has just been completed, adding even more value to this exceptional property.Inside the condo, you'll find thoughtful upgrades including a double sink vanity, a cozy gas iron stove, and two sliding glass doorsone from the bedroom and one from the living roomopening to your private balcony. The home is offered fully furnished, making it a true turnkey short term vacation rental, with STRs fully approved within Lakeland Village.The location is unmatched: stroll to restaurants, shopping, water sports, golf, parks, and the lake. Whole Foods is directly across the street, adding everyday convenience to this resort style living experience.This condo is priced to sell and includes everything you need to enjoy Tahoe immediatelywhether as a personal getaway, an income producing rental, or both.

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142979
Days on Market 91
Sold Date 1800-01-01
Price/Sq Ft $717

Property History

May 25, 2026
Listed for sale
$435,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2007 · county record $340,000 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 1975
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027631007000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Lot Features Lake Front,Water Front
View Lake,Filtered
Construction Wood Frame
Roof Composition
Foundation Concrete/Masonry
Utilities & Systems
Heating Natural Gas,Electric,Wall or Space Heater,Fireplace
Cooling Natural Gas,Electric,Wall or Space Heater,Fireplace
Financial
Annual Tax $2,883
HOA / Community South Tahoe Association of Realtors
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$23K – $46K typically ~$31,653
~$2,638 per month
Avg Nightly
$164
Occupancy
53%
Cap Rate
2.9%

STR Investment Summary — 3535 Lake Tahoe Boulevard #211, South Lake Tahoe

Est. Gross Annual Revenue
$23K – $46K
typically ~$31,653
Avg Nightly Rate
$164
Projected Occupancy
52.8%
Cap Rate
2.9%
Structural Score: 67 / 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
664 sq ft covered of 7 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
664 sq ft
Allowed Coverage
7 sq ft · 1%
Existing Coverage
664 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% ($87,000)
Home price
$435,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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