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
817 Kiowa Drive South Lake Tahoe, CA Positioned within the North Upper Truckee neighborhood and directly facing preserved state...	3 beds \| 1 baths \| 2,456 sq.ft.	$1,147,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 2.72% Airbnb Rental Income: $6387 Traditional Rental Income: $4866 Airbnb ROI: 2.97% Traditional ROI: 2.72%
1678 Tionontati Street South Lake Tahoe, CA Classic, County chalet in a wonderful neighborhood with easy access to Pioneer Trail, and ...	3 beds \| 2 baths \| 1,341 sq.ft.	$529,000	Airbnb cash on cash: 8.95% Traditional cash on cash: 4.77% Airbnb Rental Income: $6387 Traditional Rental Income: $3065 Airbnb ROI: 8.95% Traditional ROI: 4.77%
1439 Ski Run Boulevard South Lake Tahoe, CA Welcome to your serene mountain retreat at 1439 Ski Run Blvd, Unit H4, in South Lake Tahoe...	2 beds \| 1 baths \| 1,060 sq.ft.	$524,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 2.24% Airbnb Rental Income: $4632 Traditional Rental Income: $2090 Airbnb ROI: 5.46% Traditional ROI: 2.24%
1141 Glenwood Way South Lake Tahoe, CA This lovingly cared for move-in ready home in beautiful South Lake Tahoe with a serene, pa...	2 beds \| 1 baths \| 912 sq.ft.	$596,000	Airbnb cash on cash: 5.16% Traditional cash on cash: 3.66% Airbnb Rental Income: $4632 Traditional Rental Income: $2840 Airbnb ROI: 5.16% Traditional ROI: 3.66%
3725 Aspen Avenue South Lake Tahoe, CA Amazing opportunity to own a cabin in beautiful South Lake Tahoe. House sits on a large 91...	2 beds \| 1 baths \| 864 sq.ft.	$399,999	Airbnb cash on cash: 8.19% Traditional cash on cash: 4.04% Airbnb Rental Income: $4632 Traditional Rental Income: $2116 Airbnb ROI: 8.19% Traditional ROI: 4.04%
1285 Timber Lane South Lake Tahoe, CA Beautifully Updated Tahoe Tyrol Chalet with Filtered Lake ViewsWelcome to this beautiful T...	3 beds \| 1 baths \| 1,792 sq.ft.	$775,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 3.33% Airbnb Rental Income: $6387 Traditional Rental Income: $3775 Airbnb ROI: 5.21% Traditional ROI: 3.33%
516 Emerald Bay Road South Lake Tahoe, CA Perfect starter home or vacation getaway that won't break the bank. Situated on the edge o...	1 beds \| N/A baths \| 678 sq.ft.	$264,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 6.23% Airbnb Rental Income: $3289 Traditional Rental Income: $2256 Airbnb ROI: 7.41% Traditional ROI: 6.23%
869 Placer Avenue South Lake Tahoe, CA Tucked away at the end of a peaceful cul-de-sac, this updated single story 3 bedroom, 2 ba...	3 beds \| N/A baths \| 1,472 sq.ft.	$710,000	Airbnb cash on cash: 6.39% Traditional cash on cash: 3.65% Airbnb Rental Income: $6387 Traditional Rental Income: $3320 Airbnb ROI: 6.39% Traditional ROI: 3.65%
3608 Aspen Avenue South Lake Tahoe, CA Quintessential Tahoe Cabin - Fully Furnished & Steps to it All!Nestled beneath soaring pin...	2 beds \| 1 baths \| 720 sq.ft.	$449,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 4.23% Airbnb Rental Income: $4632 Traditional Rental Income: $2421 Airbnb ROI: 7.21% Traditional ROI: 4.23%
2828 Santa Claus Drive South Lake Tahoe, CA An extraordinary home with an equally extraordinary opportunity-$20,000 seller credit towa...	5 beds \| N/A baths \| 2,723 sq.ft.	$989,000	Airbnb cash on cash: 8.97% Traditional cash on cash: 3.42% Airbnb Rental Income: $12182 Traditional Rental Income: $4859 Airbnb ROI: 8.97% Traditional ROI: 3.42%
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 \| 1 baths \| 2,712 sq.ft.	$1,498,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.35% Airbnb Rental Income: $7779 Traditional Rental Income: $7199 Airbnb ROI: 2.7% Traditional ROI: 3.35%
3446 River Park Drive E South Lake Tahoe, CA A unique, arched gambrel A-Frame just a stones throw away from the upper Truckee River. T...	3 beds \| N/A baths \| 1,512 sq.ft.	$674,900	Airbnb cash on cash: 6.25% Traditional cash on cash: 3.44% Airbnb Rental Income: $6387 Traditional Rental Income: $3360 Airbnb ROI: 6.25% Traditional ROI: 3.44%
1116 Lindberg Avenue South Lake Tahoe, CA Views, views, views! Sitting on the meadow's edge and a river runs through it! Enjoy a fro...	3 beds \| N/A baths \| 2,443 sq.ft.	$1,350,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 1.67% Airbnb Rental Income: $6387 Traditional Rental Income: $4391 Airbnb ROI: 2.26% Traditional ROI: 1.67%
439 Ala Wai Boulevard South Lake Tahoe, CA This is not just another Tahoe Keys townhome---it's arguably the finest ever offered. Posi...	3 beds \| N/A baths \| 1,462 sq.ft.	$987,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 1.66% Airbnb Rental Income: $6387 Traditional Rental Income: $3374 Airbnb ROI: 3.58% Traditional ROI: 1.66%
3535 Lake Tahoe Boulevard South Lake Tahoe, CA 🏡 Premier Lakeland Village Beach House - A Rare OpportunityStep into lakefront bli...	4 beds \| N/A baths \| 1,940 sq.ft.	$2,450,000	Airbnb cash on cash: 0.45% Traditional cash on cash: -1.07% Airbnb Rental Income: $7779 Traditional Rental Income: $2850 Airbnb ROI: 0.45% Traditional ROI: -1.07%
2007 5th Street South Lake Tahoe, CA Rare Vacation Rental Investment! Unit EThe Emerald Bay Cabins offer a unique opportunity ...	3 beds \| N/A baths \| 1,810 sq.ft.	$1,225,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 0.4% Airbnb Rental Income: $6387 Traditional Rental Income: $2586 Airbnb ROI: 2.64% Traditional ROI: 0.4%
552 Christie Drive South Lake Tahoe, CA The Tahoe Keys is the only waterfront community around the basin that provides an expanse ...	3 beds \| N/A baths \| 1,440 sq.ft.	$848,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 1.89% Airbnb Rental Income: $6387 Traditional Rental Income: $3377 Airbnb ROI: 4.11% Traditional ROI: 1.89%
3510 Rancho Circle South Lake Tahoe, CA Perfectly located Tahoe Home on Corner lot across from a Beautiful Open Space Meadow - thi...	3 beds \| 2 baths \| 1,464 sq.ft.	$759,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 2.55% Airbnb Rental Income: $6387 Traditional Rental Income: $2837 Airbnb ROI: 5.79% Traditional ROI: 2.55%
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.	$895,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 1.42% Airbnb Rental Income: $6387 Traditional Rental Income: $2974 Airbnb ROI: 4.02% Traditional ROI: 1.42%
1280 Pyramid Circle South Lake Tahoe, CA SPECTACULAR is the only word to describe this lightly used home. Rebuilt after the Angora ...	3 beds \| 1 baths \| 2,932 sq.ft.	$1,550,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 0.86% Airbnb Rental Income: $6387 Traditional Rental Income: $3858 Airbnb ROI: 1.75% Traditional ROI: 0.86%
2613 Fountain Avenue South Lake Tahoe, CA Cozy, well maintained cottage in the woods awaits! This darling one bedroom home is centra...	1 beds \| N/A baths \| 550 sq.ft.	$399,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 2.23% Airbnb Rental Income: $3289 Traditional Rental Income: $1585 Airbnb ROI: 4.82% Traditional ROI: 2.23%
20625 US Highway 50 South Lake Tahoe, CA Come see this beautifully remodeled cabin located just outside of Desolation Wilderness, t...	3 beds \| 1 baths \| 1,200 sq.ft.	$529,000	Airbnb cash on cash: 8.44% Traditional cash on cash: 5.1% Airbnb Rental Income: $6387 Traditional Rental Income: $3482 Airbnb ROI: 8.44% Traditional ROI: 5.1%
731 Lakeview Avenue South Lake Tahoe, CA Welcome to 731 Lakeview Avenue, a stunning 4-bedroom, 3-bathroom lakefront home in the hea...	4 beds \| 3 baths \| 3,408 sq.ft.	$3,750,000	Airbnb cash on cash: 0.01% Traditional cash on cash: -0.54% Airbnb Rental Income: $7779 Traditional Rental Income: $4383 Airbnb ROI: 0.01% Traditional ROI: -0.54%
2031 Venice Drive South Lake Tahoe, CA Welcome to Tahoe Keys #322 a rare waterfront retreat where your private dock is just step...	3 beds \| N/A baths \| 1,390 sq.ft.	$749,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 1.3% Airbnb Rental Income: $6387 Traditional Rental Income: $2631 Airbnb ROI: 4.89% Traditional ROI: 1.3%
2004 Kickapoo Street South Lake Tahoe, CA Back on the market with a substantial $36,0000 price reduction! ...	4 beds \| N/A baths \| 2,092 sq.ft.	$729,000	Airbnb cash on cash: 7.75% Traditional cash on cash: 4.3% Airbnb Rental Income: $7779 Traditional Rental Income: $3952 Airbnb ROI: 7.75% Traditional ROI: 4.3%
1966 Nez Perce Drive South Lake Tahoe, CA Delivering distinguishing architecture, expansive living and timeless elegance, this speci...	5 beds \| 4 baths \| 3,850 sq.ft.	$1,988,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 0.57% Airbnb Rental Income: $12182 Traditional Rental Income: $4823 Airbnb ROI: 3.35% Traditional ROI: 0.57%
1879 Pima Street South Lake Tahoe, CA Set on an expansive 15,246 square foot parcel, this beautifully reimagined mountain home o...	4 beds \| N/A baths \| 2,906 sq.ft.	$1,198,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.51% Airbnb Rental Income: $7779 Traditional Rental Income: $4528 Airbnb ROI: 4.09% 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 \| 1 baths \| 3,624 sq.ft.	$4,098,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 0.24% Airbnb Rental Income: $12182 Traditional Rental Income: $7408 Airbnb ROI: 0.91% Traditional ROI: 0.24%
2285 Del Norte Street South Lake Tahoe, CA Nestled against national forest lands, this exceptional home welcomes you into its private...	5 beds \| 4 baths \| 5,830 sq.ft.	$2,395,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 1.19% Airbnb Rental Income: $12182 Traditional Rental Income: $6151 Airbnb ROI: 2.9% Traditional ROI: 1.19%
2828 Santa Claus South Lake Tahoe, CA An extraordinary home with an equally extraordinary opportunity-TWENTY THOUSAND DOLLAR sel...	5 beds \| 3 baths \| 2,723 sq.ft.	$989,000	Airbnb cash on cash: 8.4% Traditional cash on cash: 2.3% Airbnb Rental Income: $12182 Traditional Rental Income: $4344 Airbnb ROI: 8.4% Traditional ROI: 2.3%
2677 Upper Truckee Road S South Lake Tahoe, CA Price Improvement!!Welcome to Christmas Valley located in beautiful South Lake Tahoe. ...	3 beds \| 2 baths \| 1,448 sq.ft.	$539,000	Airbnb cash on cash: 8.33% Traditional cash on cash: 4.33% Airbnb Rental Income: $6387 Traditional Rental Income: $3118 Airbnb ROI: 8.33% Traditional ROI: 4.33%
1889 Normuk Street South Lake Tahoe, CA Welcome to your Tahoe A-frame escape. Located in the beautiful North Upper Truckee neighbo...	2 beds \| 1 baths \| 896 sq.ft.	$550,995	Airbnb cash on cash: 4.84% Traditional cash on cash: 2% Airbnb Rental Income: $4632 Traditional Rental Income: $2210 Airbnb ROI: 4.84% Traditional ROI: 2%
928 Kiowa Drive South Lake Tahoe, CA Welcome to your cozy cabin retreat at 928 Kiowa Drive in South Lake Tahoe. This charming 2...	2 beds \| 1 baths \| 784 sq.ft.	$520,000	Airbnb cash on cash: 5.76% Traditional cash on cash: 3.01% Airbnb Rental Income: $4632 Traditional Rental Income: $2331 Airbnb ROI: 5.76% Traditional ROI: 3.01%
710 Fallen Leaf Road South Lake Tahoe, CA Discover your own slice of alpine paradise on the pristine shores of Fallen Leaf Lake. Thi...	4 beds \| N/A baths \| 2,858 sq.ft.	$4,500,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.13% Airbnb Rental Income: $7779 Traditional Rental Income: $5592 Airbnb ROI: 0.3% Traditional ROI: 0.13%
3616 Spruce Avenue 7 South Lake Tahoe, CA Turn-Key South Lake Tahoe Condo - Walk to Lake, Trails & Heavenly Ski ResortCharming 2-bed...	2 beds \| 1 baths \| 896 sq.ft.	$350,000	Airbnb cash on cash: 9.24% Traditional cash on cash: 5.45% Airbnb Rental Income: $4632 Traditional Rental Income: $2426 Airbnb ROI: 9.24% Traditional ROI: 5.45%
2450 Pinter Avenue South Lake Tahoe, CA Welcome to 2450 Pinter Ave - A Tahoe Gem with Room to Relax & Entertain. Tucked away in a ...	4 beds \| 3 baths \| 1,554 sq.ft.	$699,000	Airbnb cash on cash: 7.71% Traditional cash on cash: 3.76% Airbnb Rental Income: $7779 Traditional Rental Income: $3719 Airbnb ROI: 7.71% Traditional ROI: 3.76%
867 Clement Street South Lake Tahoe, CA Spectacular newly built custom home with sleek modern lines combined with woodsy Tahoe ele...	4 beds \| 4 baths \| 3,898 sq.ft.	$1,999,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 3.55% Airbnb Rental Income: $7779 Traditional Rental Income: $8734 Airbnb ROI: 2.24% Traditional ROI: 3.55%
1081 Sonora Avenue South Lake Tahoe, CA Affordable & Adorable Cabin, Ideal for a Vacation Rental & Second Home.This location check...	2 beds \| 1 baths \| 432 sq.ft.	$349,900	Airbnb cash on cash: 8.86% Traditional cash on cash: 4.48% Airbnb Rental Income: $4632 Traditional Rental Income: $2232 Airbnb ROI: 8.86% Traditional ROI: 4.48%
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 \| N/A baths \| 1,275 sq.ft.	$636,000	Airbnb cash on cash: 6.84% Traditional cash on cash: 3.4% Airbnb Rental Income: $6387 Traditional Rental Income: $3089 Airbnb ROI: 6.84% Traditional ROI: 3.4%
2231 Columbine Trail South Lake Tahoe, CA Unmatched Location + Luxury Upgrades A Tahoe Gem Backing to Trout CreekLOCATION, LOCATION...	4 beds \| N/A baths \| 2,749 sq.ft.	$1,290,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 2.85% Airbnb Rental Income: $7779 Traditional Rental Income: $5043 Airbnb ROI: 3.89% Traditional ROI: 2.85%

Real Estate investment in South-lake-tahoe, CA

There are 81 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $749,000 and the average price per square foot is $397. In September 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 $3,270.

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

There are 81 investment properties available for sale in South-lake-tahoe.

In 2025, the best neighborhood to buy investment property is South Lake Tahoe.

The ROI for Short-Term is higher than the Long-Term in South-lake-tahoe with average rental income of $6,387.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

817 Kiowa Drive

South Lake Tahoe, CA

3 beds | 1 baths | 2,456 sq.ft.

$1,147,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $6387

Traditional Rental Income: $4866

Airbnb ROI: 2.97%

Traditional ROI: 2.72%

1678 Tionontati Street

South Lake Tahoe, CA

3 beds | 2 baths | 1,341 sq.ft.

$529,000

Airbnb cash on cash: 8.95%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $6387

Traditional Rental Income: $3065

Airbnb ROI: 8.95%

Traditional ROI: 4.77%

1439 Ski Run Boulevard

South Lake Tahoe, CA

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

$524,000

Airbnb cash on cash: 5.46%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $4632

Traditional Rental Income: $2090

Airbnb ROI: 5.46%

Traditional ROI: 2.24%

1141 Glenwood Way

South Lake Tahoe, CA

2 beds | 1 baths | 912 sq.ft.

$596,000

Airbnb cash on cash: 5.16%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $4632

Traditional Rental Income: $2840

Airbnb ROI: 5.16%

Traditional ROI: 3.66%

3725 Aspen Avenue

South Lake Tahoe, CA

2 beds | 1 baths | 864 sq.ft.

$399,999

Airbnb cash on cash: 8.19%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $4632

Traditional Rental Income: $2116

Airbnb ROI: 8.19%

Traditional ROI: 4.04%

1285 Timber Lane

South Lake Tahoe, CA

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

$775,000

Airbnb cash on cash: 5.21%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $6387

Traditional Rental Income: $3775

Airbnb ROI: 5.21%

Traditional ROI: 3.33%

516 Emerald Bay Road

South Lake Tahoe, CA

1 beds | N/A baths | 678 sq.ft.

$264,000

Airbnb cash on cash: 7.41%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $3289

Traditional Rental Income: $2256

Airbnb ROI: 7.41%

Traditional ROI: 6.23%

869 Placer Avenue

South Lake Tahoe, CA

3 beds | N/A baths | 1,472 sq.ft.

$710,000

Airbnb cash on cash: 6.39%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $6387

Traditional Rental Income: $3320

Airbnb ROI: 6.39%