$1,158,000 Active
2172 Venice 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, so availability varies. Verify current permit availability before counting on rental income.
4 Beds
·
3.0 Baths
·
1,916 Sq Ft
Virtual Tour

About This Property

Located in the highly desirable Tahoe Keys, this beautifully updated waterfront home enjoys a premier setting backing to Lake Tallac with stunning views of the lagoon and Heavenly Ski Resort. Offering 4 bedrooms and 3 bathrooms, this property combines comfortable mountain living with the lifestyle benefits of Tahoe Keys ownership.The downstairs living floor plan features a spacious and inviting great room with durable tile flooring, a gas fireplace, and two sliding glass doors that fill the home with natural light while providing seamless access to the backyard. The fully landscaped outdoor space is designed for relaxation and entertaining, complete with a patio, hot tub, and a picturesque waterfront setting overlooking Lake Tallac.The kitchen has been tastefully updated with granite slab countertops, alder cabinetry, and stainless steel appliances, offering both functionality and style. Also on the main level are two guest bedrooms and a full bathroom, providing flexible accommodations for family and guests.Upstairs, both bedrooms feature their own private en-suite bathrooms that have with travertine tile and updated fixtures. The rear primary suite enjoys a private balcony overlooking Lake Tallac, creating the perfect place to take in the peaceful water views and mountain scenery.Additional improvements include newer HardiePlank siding on the rear of the home, and the property is being sold fully furnished, making it move-in ready from day one. For boating enthusiasts, there is also the opportunity to purchase a boat slip separately in the Tahoe Beach & Harbor Marina.Whether you're looking for a full-time residence, vacation home, or investment property, this exceptional Tahoe Keys home offers updated finishes, beautiful waterfront views, and an unbeatable South Lake Tahoe location.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143098
Sold Date 1800-01-01
Price/Sq Ft $604

Property History

Jun 24, 2026
Listed for sale
$1,158,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,916
Lot Size 0.15 acres
Stories 2
Year Built 1965
Property Type Single Family Residence
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022032018000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub
Lot Features Backs to Lagoon
View Mountains,Lagoon
Construction Wood Frame
Roof Pitched,Composition
Foundation Slab
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $1,510 / Quarterly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Tennis,Spa,Hot Tub,Additional Parking,Security,Beach,Pier,Boat Launch,Marina,Park
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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 — 2172 Venice Drive, South Lake Tahoe

Est. Annual Revenue
$69,265
Avg Nightly Rate
$685
Projected Occupancy
28.1%
Cap Rate
2.4%
Structural Score: 60 / 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% ($231,600)
Home price
$1,158,000
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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