$1,495,000 Active
3535 Lake Tahoe Boulevard #458
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, so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
3.0 Baths
·
1,862 Sq Ft

About This Property

This exceptional 19 acre wooded property sits directly along 1,000 feet of South Lake Tahoe's finest sandy beach, offering one of the most coveted waterfront experiences in the region. The homeowners association has just completed a new pier featuring movable floating catwalks that can rise and fall with the lake level. The upgraded dock allows you to safely enjoy breathtaking sunsets, moonlit stargazing, and unforgettable sunrises from one of the most beautiful beaches in all of South Lake Tahoe.This spacious townhouse features four bedrooms plus a loft, which is currently being used as a fifth bedroom, along with three full bathrooms, including an en‑suite. The owners have recently installed designer vinyl flooring throughout the entire downstairs, living room, kitchen, bedrooms, and foyercreating a clean, modern, and cohesive look across both levels.The living room showcases a beautiful stone wood‑burning fireplace and opens to a private balcony, where you can feel the fresh lake breeze while barbecuing, relaxing, or enjoying family game nights outdoors.As an end unit, this townhouse benefits from additional windows that fill the home with natural light. The open‑beam vaulted ceilings add to the spacious, airy feel. Best of all, the home is located just 150 feet from the sandy shorelinea true rarity in this price range.Lakeland Village spans 19 acres and offers an impressive list of amenities, includipg:Three swimming pools,Two hot tubs,gym, beachside BBQs and fire pits, saunas, paver walking paths throughout, seasonal beachside concession stand serving ice cream and snacks.This property is also a high‑performing short‑term vacation rental, generating six‑figure annually.A truly special opportunity to own in one of Tahoe's most desirable lakefront communities.

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143097
Sold Date 1800-01-01
Price/Sq Ft $803

Property History

Jun 23, 2026
Listed for sale
$1,495,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,862
Year Built 1972
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027501018000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Lake Front,Water Front
View Filtered
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
Annual Tax $8,277
HOA Fee $765 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Sauna,Spa,Hot Tub,Club House,Security,Beach,Dock,Pier
📊

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 — 3535 Lake Tahoe Boulevard #458, South Lake Tahoe

Est. Annual Revenue
$83,044
Avg Nightly Rate
$824
Projected Occupancy
28.0%
Cap Rate
2.2%
Structural Score: 57 / 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
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% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373