$375,000 Active
3535 Lake Tahoe Boulevard #112
South Lake Tahoe, CA 96150
✓ STR Allowed — No 900 Cap
Inside South Lake Tahoe's Tourist Core Area (TRPA TCAP) — commercial/recreational zoning that is exempt from the 900-permit residential VHR cap. VHR permits are broadly available here with no 150-ft buffer. A city VHR permit and 10% TOT still apply.
1 Beds
·
1.0 Baths
·
458 Sq Ft

About This Property

This charming Lakeland Village condo offers a warm, inviting Tahoe vibe with solid‑surface flooring throughout and a beautifully remodeled designer bathroom featuring a stall shower, built‑in bench, and stylish tilework. A freestanding cone fireplace adds an extra touch of cozy mountain character.The home is being sold fully furnishedincluding electronics and complete kitchen accessoriesmaking it truly move‑in ready. Its location is exceptional: just steps from the year‑round heated pool and hot tub, with the covered deck offering lovely views of the pool area and the surrounding towering pines.Convenience is built in. This first‑floor unit sits close to the community laundry room, small fitness center, and saunas. Elevator access connects you directly to the covered, unassigned parking garage.Situated in the main lodge building, the condo is only a two‑minute stroll along private paver pathways to the newly built homeowners‑association pier and more than 1,000 feet of what is arguably the best sandy beach in South Lake Tahoe. Down at the shoreline, residents enjoy three fire pits, a seasonal lakeside pool, a year‑round heated hot tub, and summertime beach chairs, loungers, and BBQ grills. The pier is the perfect place to take in breathtaking sunrise and sunset views.Lakeland Village is a true year‑round resort community with 260 privately owned homes. For those interested in generating income, the City of South Lake Tahoe has approved Lakeland Village for short‑term vacation rental permits. The seller is also offering attractive owner financing with 50% down and negotiable rate and term.

Listed by Dianna Dorn — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142633
Days on Market 152
Sold Date 1800-01-01
Price/Sq Ft $819

Property History

Mar 25, 2026
Listed for sale
$375,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2021 · county record $320,000 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 1
Baths 1.0
Sq. Ft. 458
Year Built 1975
Property Type Condominium
Style Contemporary
Subdivision Lakeland Village
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027621016000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Lot Features Lake Front, Water Front
View Mountains
Construction Wood Frame
Roof Composition
Foundation Concrete/Masonry
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
Cooling Other/See Remarks
Financial
Annual Tax $3,916
HOA Fee $772 / Monthly
HOA & Community
Community Amenities Pool, Sauna, Spa, Hot Tub, Club House, Security, Beach, Pier, Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
65
PROJECTED GROSS ANNUAL REVENUE
$23K – $46K typically ~$31,476
~$2,623 per month
Avg Nightly
$163
Occupancy
53%
Cap Rate
3.4%

STR Investment Summary — 3535 Lake Tahoe Boulevard #112, South Lake Tahoe

Est. Gross Annual Revenue
$23K – $46K
typically ~$31,476
Avg Nightly Rate
$163
Projected Occupancy
52.8%
Cap Rate
3.4%
Structural Score: 65 / 100 (Premium) · STR Zone: Green

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
513 sq ft covered of 6 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
561 sq ft
Allowed Coverage
6 sq ft · 1%
Existing Coverage
513 sq ft · 92%
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% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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