$3,419,000 $3,595,000 ↓ $176,000 reduced Active
2067 Aloha Drive
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
2.5 Baths
·
3,845 Sq Ft
Virtual Tour

About This Property

Experience the very best of Tahoe Keys waterfront living in this beautifully updated 4-bedroom, 2.5 -bath home with a 2-car garage and an exceptionally large private boat dock, offering easy access to the main channel and the open waters of Lake Tahoe. Ideally situated on a wide channel with sweeping 180-degree views of Heavenly Valley and Mt. Tallac, this exceptional legendary setting enjoys outstanding sun exposure and showcases Tahoe's ever-changing beauty.Thoughtfully designed with expansive living spaces, soaring ceilings, wet bars and dramatic open-beam architecture, this inviting mountain retreat blends timeless Tahoe character with modern comforts. Recent improvements include a beautifully remodeled kitchen w/all new stainless steel appliances, including an electric radiant cooktop & downdraft, updated bathrooms, new flooring, and fresh interior paint throughout, creating a move-in-ready home to enjoy for years to come.Abundant natural light fills the spacious floor plan, while multiple indoor and outdoor gathering spaces provide the perfect setting for entertaining family and friends or simply relaxing beside the water. Whether enjoying morning coffee on the deck, an afternoon cruise from your private dock, or watching the alpenglow settle over Mt. Tallac, this home captures the essence of Tahoe living.Rarely found, the oversized private boat dock provides generous space for multiple boats and watercraft and offers effortless access to Lake Tahoe's endless boating adventures, making it an exceptional amenity for those who appreciate life on the water. Who needs a backyard to maintain, when you have a deck overlooking a large Keys channel and the lake around the bend?Located in the highly sought-after Tahoe Keys community, residents enjoy an exceptional lifestyle with access to private beaches, indoor and outdoor swimming pools, tennis and pickleball courts, pier, parks, and miles of scenic waterways. Just minutes from Heavenly Mountain Resort, championship golf courses, hiking and biking trails, dining, and all that South Lake Tahoe has to offer, this remarkable property presents the ultimate blend of waterfront recreation, modern comfort, and year-round mountain living.

Listed by Pamela Francis — Compass

Listing Details

Status Active
MLS # 143048
Days on Market 73
Sold Date 1800-01-01
Price/Sq Ft $889

Property History

Jun 12, 2026
Listed for sale
$3,595,000
Jul 11, 2026
Price reduced
$3,419,000 $3,595,000 ↓ $176,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 1989 · county record $525,000 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 4
Baths 2.5
Sq. Ft. 3,845
Lot Size 0.33 acres
Year Built 1985
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Keys Units 5
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022301017000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Cul-De-Sac, Water Front
View Mountains, Lagoon
Construction Wood Frame, Masonry, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Hot Water System, Baseboard
Financial
HOA Fee $1,685 / Quarterly
HOA & Community
Community Amenities Pool, Hot Tub, Club House, Security, Beach, Dock, Pier, Park
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Luxury
77
PROJECTED GROSS ANNUAL REVENUE
$128K – $242K typically ~$183,807
~$15,317 per month
Avg Nightly
$1571
Occupancy
32%
Cap Rate
2.2%

STR Investment Summary — 2067 Aloha Drive, South Lake Tahoe

Est. Gross Annual Revenue
$128K – $242K
typically ~$183,807
Avg Nightly Rate
$1571
Projected Occupancy
32.0%
Cap Rate
2.2%
Structural Score: 77 / 100 (Luxury) · STR Zone: Yellow

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
2,709 sq ft covered of 1,133 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
14,441 sq ft
Allowed Coverage
1,133 sq ft · 8%
Existing Coverage
2,709 sq ft · 19%
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% ($683,800)
Home price
$3,419,000
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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