$2,150,000 Active Under Contract
30 Lake Parkway #5
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
4 Beds
·
3.5 Baths
·
2,567 Sq Ft

About This Property

Short-Term Rental Approved! This luxurious four-bedroom end unit is the crown jewel of the exclusive Gondola Vista 20 villa development, offering breathtaking views of the iconic Heavenly Gondola from nearly every window. Set on a beautifully landscaped 3.43-acre parcel at the base of the world-renowned Heavenly Ski Resort, this townhome-styled dwelling epitomizes luxury and convenience. Gondola Vista offers an unparalleled ski-in/ski-out experience, placing you at the heart of South Lake Tahoe's premier attractions.Bordering Van Sickle State Park and backing onto protected forest land, this property provides a serene and private setting. Its prime location allows effortless access to the slopes while being just steps away from the Tahoe Event Center and the vibrant Heavenly Village, where world-class shopping, dining, and entertainment await. Within minutes, you can reach the pristine beaches of Lake Tahoe, enjoy boat rentals, visit casinos, or take advantage of year-round outdoor recreation.The thoughtfully designed floor plan combines functionality and luxury. On the ground floor, you'll find an oversized two-car garage, a laundry room, and three bedrooms, one en-suite with a private balcony with a hot tub and two additional bedrooms that share a well-appointed bathroom. Upstairs, the open-concept living, dining, and kitchen areas create a spacious and inviting atmosphere, seamlessly flowing onto a private balcony with an outdoor fireplace. Also, upstairs is the primary bedroom is a true retreat, featuring a spa-like en-suite bathroom with floor-to-ceiling tile, a steam shower, and a freestanding soaking tub offering a moment of relaxation after a long day on the slopes.Every aspect of this residence exudes sophistication, with high-end details such as reclaimed barn wood flooring, wood-cased windows, custom alder cabinets, slab stone countertops, and tile floors. Additional luxurious features include a steam shower, heated bathroom floors, three fireplaces, forced air heating, air conditioning, and multi-zone climate control.Combining exquisite craftsmanship, a prime location, and breathtaking natural beauty, Gondola Vista presents the ultimate mountain retreat for second home owners, investors, and primary home buyers. Seize this rare opportunity to own a slice of Tahoe luxury living!

Listed by Gregory Ochoa — Mountain Luxury Properties

Listing Details

Status Active Under Contract
MLS # 141109
Days on Market 470
Sold Date 1800-01-01
Price/Sq Ft $838

Property History

Jan 14, 2025
Listed for sale
$2,150,000
Current
Pending
$2,150,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,567
Lot Size 0.04 acres
Year Built 2020
Property Type Townhouse
Style Contemporary
Subdivision Gondola Vista Estate
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029710005000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Spa/Hot Tub, Other/See Remarks
Lot Features Adjacent to Forest
View Mountains, Filtered, Forest, Ski Resort
Construction Wood Frame, Masonry, Wood Siding, Metal Siding, Rock
Roof Pitched, Composition, Shingle
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace, Radiant Heat-Floor
Cooling Central Refrig. A/C
Financial
Annual Tax $13,423
HOA Fee $1,250 / Monthly
HOA & Community
Community Amenities Hot Tub, Additional Parking, Other/See Remarks
📊

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 — 30 Lake Parkway #5, South Lake Tahoe

Est. Annual Revenue
$82,211
Avg Nightly Rate
$836
Projected Occupancy
27.3%
Cap Rate
1.5%
Structural Score: 64 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($430,000)
Home price
$2,150,000
Loan details
30-yr fixed, 6.5%
Request a Tour
A
Real Estate Tahoe
Real Estate Agent

Send a Message