Real Estate Investment Properties for Sale in South Lake Tahoe, CA

Looking for investment property in South Lake Tahoe, CA with high ROI ?

Explore a variety of short-term homes & houses in South Lake Tahoe, CA. Invest wisely with VRBO & South Lake Tahoe, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in South Lake Tahoe, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2699 Elwood Ave South Lake Tahoe, CA 2699 Elwood Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,436 sq.ft.	$650,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 2.75% Airbnb Rental Income: $5617 Traditional Rental Income: $2825 Airbnb ROI: 5.5% Traditional ROI: 2.75%
1439 Ski Run Boulevard unit: H4 #H4 South Lake Tahoe, CA Welcome to your serene mountain retreat at 1439 Ski Run Blvd, Unit H4, in South Lake Tahoe...	2 beds \| 2 baths \| 1,060 sq.ft.	$495,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 2.47% Airbnb Rental Income: $4003 Traditional Rental Income: $2090 Airbnb ROI: 4.75% Traditional ROI: 2.47%
3140 Sacramento Avenue South Lake Tahoe, CA Own a Piece of Tahoe History - Renovated Log Cabin Duplex, Walk to Regan Beach!'' This aut...	4 beds \| 4 baths \| 2,880 sq.ft.	$1,225,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 0% Airbnb Rental Income: $2599 Traditional Rental Income: $1469 Airbnb ROI: 0.45% Traditional ROI: 0%
3100 Jameson Beach Road South Lake Tahoe, CA Welcome to one of the most extraordinary settings in Lake Tahoe. Approached through histor...	3 beds \| 3 baths \| 3,341 sq.ft.	$2,700,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 0.2% Airbnb Rental Income: $5617 Traditional Rental Income: $3538 Airbnb ROI: 0.58% Traditional ROI: 0.2%
1285 Timber Lane South Lake Tahoe, CA Beautifully Updated Tahoe Tyrol Chalet with Filtered Lake ViewsWelcome to this beautiful T...	3 beds \| 3 baths \| 1,792 sq.ft.	$749,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 3.5% Airbnb Rental Income: $5617 Traditional Rental Income: $3775 Airbnb ROI: 4.53% Traditional ROI: 3.5%
1036 Moss Rd South Lake Tahoe, CA Fabulous 7 unit property in South Lake Tahoe! Just a short walk to stateline, where all t...	N/A beds \| N/A baths \| 3,176 sq.ft.	$1,150,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.66% Airbnb Rental Income: $2599 Traditional Rental Income: $2675 Airbnb ROI: 0.01% Traditional ROI: 0.66%
3695 Primrose Road South Lake Tahoe, CA Spacious and newly updated duplex in the sought-after Stateline area, just minutes from He...	5 beds \| 3 baths \| 2,116 sq.ft.	$846,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.29% Airbnb Rental Income: $2599 Traditional Rental Income: $2490 Airbnb ROI: 0.64% Traditional ROI: 1.29%
2539 Knox Ave South Lake Tahoe, CA 2539 Knox Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 1 baths \| 1,108 sq.ft.	$575,000	Airbnb cash on cash: 6.44% Traditional cash on cash: 2.9% Airbnb Rental Income: $5617 Traditional Rental Income: $2594 Airbnb ROI: 6.44% Traditional ROI: 2.9%
3582 Mackedie Way South Lake Tahoe, CA Measure T was recently overturned, and the City of South Lake Tahoe has approved a revised...	4 beds \| 4 baths \| 2,712 sq.ft.	$1,399,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 3.71% Airbnb Rental Income: $6903 Traditional Rental Income: $7199 Airbnb ROI: 2.45% Traditional ROI: 3.71%
2400 Tahoe Vista Dr South Lake Tahoe, CA	4 beds \| N/A baths \| 1,536 sq.ft.	$749,500	Airbnb cash on cash: 6.35% Traditional cash on cash: 3.02% Airbnb Rental Income: $6903 Traditional Rental Income: $3239 Airbnb ROI: 6.35% Traditional ROI: 3.02%
3334 Treehaven Dr South Lake Tahoe, CA	4 beds \| 4 baths \| 2,078 sq.ft.	$1,095,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 2.3% Airbnb Rental Income: $6903 Traditional Rental Income: $4004 Airbnb ROI: 3.83% Traditional ROI: 2.3%
1029 Reno Avenue South Lake Tahoe, CA Centrally located 7 rental units on 3 separate lots. One gas meter and one electric meter ...	7 beds \| 7 baths \| 851 sq.ft.	$959,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 0.53% Airbnb Rental Income: $2599 Traditional Rental Income: $1623 Airbnb ROI: 0.93% Traditional ROI: 0.53%
2877 US Highway 50 South Lake Tahoe, CA High-Visibility Meyers Landmark - Real Estate & Business OpportunityTahoe Furs is a belove...	2 beds \| 1 baths \| 1,338 sq.ft.	$750,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 1.03% Airbnb Rental Income: $4003 Traditional Rental Income: $1845 Airbnb ROI: 2.89% Traditional ROI: 1.03%
1274 Dedi Avenue South Lake Tahoe, CA Charming remodeled cabin in the Y neighborhood of South Lake Tahoe! This rustic, cozy cabi...	2 beds \| 1 baths \| 768 sq.ft.	$429,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 1.59% Airbnb Rental Income: $4003 Traditional Rental Income: $1665 Airbnb ROI: 5.28% Traditional ROI: 1.59%
2165 Jean Avenue South Lake Tahoe, CA Excellent Cap Rate at 6.2% !!Are you seeking an investment that delivers LONG TERM tenants...	7 beds \| 7 baths \| 4,116 sq.ft.	$1,099,000	Airbnb cash on cash: 0.03% Traditional cash on cash: -0.2% Airbnb Rental Income: $2599 Traditional Rental Income: $1738 Airbnb ROI: 0.03% Traditional ROI: -0.2%
3535 Lake Tahoe Boulevard unit: 626 #626 South Lake Tahoe, CA Lakeland Village spans 19 acres along the shores of South Lake Tahoe, boasting over 1,000 ...	4 beds \| 2 baths \| 1,940 sq.ft.	$2,250,000	Airbnb cash on cash: 0.92% Traditional cash on cash: -0.38% Airbnb Rental Income: $6903 Traditional Rental Income: $2850 Airbnb ROI: 0.92% Traditional ROI: -0.38%
3510 Rancho Circle South Lake Tahoe, CA Perfectly located Tahoe Home on Corner lot across from a Beautiful Open Space Meadow. This...	3 beds \| 2 baths \| 1,464 sq.ft.	$728,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 2.7% Airbnb Rental Income: $5617 Traditional Rental Income: $2837 Airbnb ROI: 5.13% Traditional ROI: 2.7%
1580 Boca Raton Drive South Lake Tahoe, CA 1580 Boca Raton South Lake Tahoe, California Welcome to your mountain sanctuary set on a l...	3 beds \| 2 baths \| 1,925 sq.ft.	$865,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 1.51% Airbnb Rental Income: $5617 Traditional Rental Income: $2974 Airbnb ROI: 3.39% Traditional ROI: 1.51%
2613 Fountain Avenue South Lake Tahoe, CA Cozy Tahoe Cottage with Modern Comforts and Timeless CharmTucked among the trees, this bea...	1 beds \| 1 baths \| 550 sq.ft.	$389,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 2.34% Airbnb Rental Income: $2786 Traditional Rental Income: $1585 Airbnb ROI: 3.84% Traditional ROI: 2.34%
2031 Venice Drive unit: 322 #322 South Lake Tahoe, CA Call regarding upcoming vacation rental permit potential!----Welcome to Tahoe Keys #322 a ...	3 beds \| 2 baths \| 1,390 sq.ft.	$689,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 1.56% Airbnb Rental Income: $5617 Traditional Rental Income: $2631 Airbnb ROI: 4.46% Traditional ROI: 1.56%
539 Wintoon Drive South Lake Tahoe, CA Bordering one of Tahoe's most recreation-rich forest corridors, this mountain home claims ...	4 beds \| 4 baths \| 3,039 sq.ft.	$1,548,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 1.31% Airbnb Rental Income: $6903 Traditional Rental Income: $4507 Airbnb ROI: 2.05% Traditional ROI: 1.31%
1666 Arapahoe Street South Lake Tahoe, CA Newly Renovated Tahoe Retreat with Modern Finishes! A beautifully updated mountain home tu...	4 beds \| 2 baths \| 1,262 sq.ft.	$520,000	Airbnb cash on cash: 9.99% Traditional cash on cash: 5.54% Airbnb Rental Income: $6903 Traditional Rental Income: $3400 Airbnb ROI: 9.99% Traditional ROI: 5.54%
1879 Pima Street South Lake Tahoe, CA Set on an expansive 15,246 square foot parcel, this beautifully reimagined mountain home o...	4 beds \| 2 baths \| 2,906 sq.ft.	$1,198,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 2.51% Airbnb Rental Income: $6903 Traditional Rental Income: $4528 Airbnb ROI: 3.44% Traditional ROI: 2.51%
276 Beach Drive South Lake Tahoe, CA This spectacular Beach Drive home is ready for anything. Summer fun: set on 88 feet of a b...	5 beds \| 6 baths \| 3,624 sq.ft.	$3,798,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.34% Airbnb Rental Income: $null Traditional Rental Income: $7408 Airbnb ROI: N/A Traditional ROI: 0.34%
1889 Normuk Street South Lake Tahoe, CA Escape to Your Mountain Retreat in North Upper Truckee! Nestled among towering pines in th...	2 beds \| N/A baths \| 896 sq.ft.	$525,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 2.15% Airbnb Rental Income: $4003 Traditional Rental Income: $2210 Airbnb ROI: 4.05% Traditional ROI: 2.15%
1180 Tokochi Street South Lake Tahoe, CA Very Tall garage and back yard access from Pioneer Trail for Toys! Welcome to a beautifull...	3 beds \| 2 baths \| 1,275 sq.ft.	$634,900	Airbnb cash on cash: 5.77% Traditional cash on cash: 3.4% Airbnb Rental Income: $5617 Traditional Rental Income: $3089 Airbnb ROI: 5.77% Traditional ROI: 3.4%
357 Ala wai Boulevard unit: 212 #212 South Lake Tahoe, CA Warm and timeless Tahoe townhome offering single-story living, lake and mountain views, co...	2 beds \| 2 baths \| 968 sq.ft.	$699,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 1.59% Airbnb Rental Income: $4003 Traditional Rental Income: $2684 Airbnb ROI: 2.3% Traditional ROI: 1.59%
2051 Nez Perce Drive South Lake Tahoe, CA Recently completed by one of Tahoe's most seasoned builders, this exceptional mountain ret...	4 beds \| 5 baths \| 3,847 sq.ft.	$2,375,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.25% Airbnb Rental Income: $6903 Traditional Rental Income: $9621 Airbnb ROI: 1.41% Traditional ROI: 3.25%
1149 Oak Avenue South Lake Tahoe, CA Welcome to your charming single-level Tudor-style cabin located just a few blocks from the...	2 beds \| 1 baths \| 900 sq.ft.	$524,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 3.39% Airbnb Rental Income: $4003 Traditional Rental Income: $2561 Airbnb ROI: 4.59% Traditional ROI: 3.39%
1656 Oglala Street South Lake Tahoe, CA Brand new makeover! This lovely home just got prettier! The entire interior has been fresh...	3 beds \| 3 baths \| 2,307 sq.ft.	$829,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 4.25% Airbnb Rental Income: $5617 Traditional Rental Income: $4508 Airbnb ROI: 4.23% Traditional ROI: 4.25%
3790 Stewart Way South Lake Tahoe, CA Great opportunity for a rare cabin on an oversized lot in the heart of South Lake Tahoe! N...	2 beds \| 1 baths \| 412 sq.ft.	$499,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 3.18% Airbnb Rental Income: $4003 Traditional Rental Income: $2089 Airbnb ROI: 5.45% Traditional ROI: 3.18%
1121 Sundown Trail South Lake Tahoe, CA This is absolutely one of the most phenomenal settings in all of Lake Tahoe. Located in th...	4 beds \| 3 baths \| 2,041 sq.ft.	$950,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 2.85% Airbnb Rental Income: $6903 Traditional Rental Income: $4144 Airbnb ROI: 4.46% Traditional ROI: 2.85%
980 Kekin Street South Lake Tahoe, CA Christmas Valley is one of Lake Tahoe's best-kept secrets: peacefully quiet on the one han...	3 beds \| 2 baths \| 1,902 sq.ft.	$775,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 3.32% Airbnb Rental Income: $5617 Traditional Rental Income: $3769 Airbnb ROI: 4.32% Traditional ROI: 3.32%
1053 William Avenue South Lake Tahoe, CA Completely reimagined from the studs up in 2024, this upgraded 3-bedroom, 2.5-bathroom, 1-...	3 beds \| 3 baths \| 1,765 sq.ft.	$735,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 2.36% Airbnb Rental Income: $5617 Traditional Rental Income: $3053 Airbnb ROI: 4.46% Traditional ROI: 2.36%
3567 Saddle Road South Lake Tahoe, CA Beyond a stately iron gate and down a winding drive framed by native pines and granite out...	5 beds \| 5 baths \| 5,374 sq.ft.	$5,988,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.66% Airbnb Rental Income: $null Traditional Rental Income: $4563 Airbnb ROI: N/A Traditional ROI: -0.66%
2189 Cornelian Drive South Lake Tahoe, CA A cut above your typical new construction home! The fine mountain modern finishes and uniq...	4 beds \| 3 baths \| 2,716 sq.ft.	$1,325,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 2.06% Airbnb Rental Income: $6903 Traditional Rental Income: $4060 Airbnb ROI: 3.28% Traditional ROI: 2.06%
923 Sagewood Drive South Lake Tahoe, CA Set in the wonderful neighborhood of Highland Woods, this charming home has been updated t...	3 beds \| 2 baths \| 1,216 sq.ft.	$520,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 3.63% Airbnb Rental Income: $5617 Traditional Rental Income: $3035 Airbnb ROI: 6.62% Traditional ROI: 3.63%
1909 High Meadow Trail South Lake Tahoe, CA Charming 3-bedroom, 2-bath home offers 1,724 sq ft of casual comfort on a spacious 10,000+...	3 beds \| 2 baths \| 1,724 sq.ft.	$760,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 2.8% Airbnb Rental Income: $5617 Traditional Rental Income: $3355 Airbnb ROI: 4.41% Traditional ROI: 2.8%
439 Ala Wai Boulevard unit: 140 #140 South Lake Tahoe, CA Experience the ultimate in water front living, while enjoying the sheltered confines of th...	3 beds \| 3 baths \| 1,462 sq.ft.	$799,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 0.66% Airbnb Rental Income: $5617 Traditional Rental Income: $2838 Airbnb ROI: 2.88% Traditional ROI: 0.66%
2113 Oaxaco Street South Lake Tahoe, CA Located on a quiet cul-de-sac street, this lovely Tahoe home sits on an oversized lot of n...	4 beds \| 4 baths \| 2,694 sq.ft.	$985,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 2.5% Airbnb Rental Income: $6903 Traditional Rental Income: $4006 Airbnb ROI: 4.2% Traditional ROI: 2.5%

Real Estate investment in South-lake-tahoe, CA

There are 136 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $699,000 and the average price per square foot is $366. In December 2025, the average monthly cash on cash return in South Lake Tahoe is 3.00%. The average monthly rental income in South Lake Tahoe is $3,384.

South-lake-tahoe, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 136 investment properties available for sale in South-lake-tahoe.

The ROI for Short-Term is higher than the Long-Term in South-lake-tahoe with average rental income of $5,617.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

2699 Elwood Ave

South Lake Tahoe, CA

3 beds | 2 baths | 1,436 sq.ft.

$650,000

Airbnb cash on cash: 5.5%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $5617

Traditional Rental Income: $2825

Airbnb ROI: 5.5%

Traditional ROI: 2.75%

1439 Ski Run Boulevard unit: H4 #H4

South Lake Tahoe, CA

2 beds | 2 baths | 1,060 sq.ft.

$495,000

Airbnb cash on cash: 4.75%

Traditional cash on cash: 2.47%

Airbnb Rental Income: $4003

Traditional Rental Income: $2090

Airbnb ROI: 4.75%

Traditional ROI: 2.47%

3140 Sacramento Avenue

South Lake Tahoe, CA

4 beds | 4 baths | 2,880 sq.ft.

$1,225,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 0%

Airbnb Rental Income: $2599

Traditional Rental Income: $1469

Airbnb ROI: 0.45%

Traditional ROI: 0%

3100 Jameson Beach Road

South Lake Tahoe, CA

3 beds | 3 baths | 3,341 sq.ft.

$2,700,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $5617

Traditional Rental Income: $3538

Airbnb ROI: 0.58%

Traditional ROI: 0.2%

1285 Timber Lane

South Lake Tahoe, CA

3 beds | 3 baths | 1,792 sq.ft.

$749,000

Airbnb cash on cash: 4.53%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $5617

Traditional Rental Income: $3775

Airbnb ROI: 4.53%

Traditional ROI: 3.5%

1036 Moss Rd

South Lake Tahoe, CA

N/A beds | N/A baths | 3,176 sq.ft.

$1,150,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 0.66%

Airbnb Rental Income: $2599

Traditional Rental Income: $2675

Airbnb ROI: 0.01%

Traditional ROI: 0.66%

3695 Primrose Road

South Lake Tahoe, CA

5 beds | 3 baths | 2,116 sq.ft.

$846,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $2599

Traditional Rental Income: $2490

Airbnb ROI: 0.64%

Traditional ROI: 1.29%

2539 Knox Ave

South Lake Tahoe, CA

3 beds | 1 baths | 1,108 sq.ft.

$575,000

Airbnb cash on cash: 6.44%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $5617

Traditional Rental Income: $2594

Airbnb ROI: 6.44%