$669,500 Active
2031 Venice Drive #327
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.
3 Beds
·
2.0 Baths
·
1,390 Sq Ft
Virtual Tour

About This Property

Elevate your Tahoe Keys lifestyle in this beautifully appointed 3-bedroom, 2-bath townhome, offering waterfront convenience and true Tahoe charm. Step inside to an inviting open-concept upstairs living area with warm wood tones, elegant exposed beam ceilings, a stylish kitchen and dining space, and a gas insert fireplace, perfect for cozy evenings.Relax on the upper deck and enjoy breathtaking views of Mount Tallac. The upstairs level also features the primary bedroom with an en-suite bath, while two additional bedrooms downstairs provide privacy and flexibility. A convenient Jack-and-Jill bathroom adds everyday ease. Step out to the back deck for Tahoe mornings and mountain sunsets, plus an additional storage closet for extra convenience.Best of all, enjoy the lifestyle you came for - your boat dock provides access to Lake Tahoe, along with exclusive Tahoe Keys community amenities including private beaches, pickleball and tennis, indoor and outdoor pools, and the marina. Minutes from skiing, boating, hiking, and mountain biking.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 143102
Days on Market 21
Sold Date 1800-01-01
Price/Sq Ft $482

Property History

Jul 05, 2026
Listed for sale
$669,500

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2016 · county record $322,000 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 3
Baths 2.0
Sq. Ft. 1,390
Lot Size 0.02 acres
Year Built 1970
Property Type Townhouse
Style Contemporary
Subdivision St Moritz Townhouses 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022195025000
Exterior & Lot
Exterior Features Boat Dock
Lot Features Water Front
View Mountains, Lagoon
Construction Wood Frame, Wood Siding, Rock
Roof Flat
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $4,856 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Hot Tub, Club House, 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 — 2031 Venice Drive #327, South Lake Tahoe

Est. Annual Revenue
$36,930
Avg Nightly Rate
$194
Projected Occupancy
52.2%
Cap Rate
2.2%
Structural Score: 52 / 100 (Standard) · 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% ($133,900)
Home price
$669,500
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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