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
1223 Bonanza Avenue unit: 7 South Lake Tahoe, CA Fantastic affordable starter home or investment ski condo only 6 miles to Heavenly Ski Res...	2 beds \| 1 baths \| 841 sq.ft.	$264,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 5.09% Airbnb Rental Income: $603 Traditional Rental Income: $2151 Airbnb ROI: -2.29% Traditional ROI: 5.09%
3390 Beaver Brae South Lake Tahoe, CA Ready to enjoy Tahoe NOW! Available and ready to move in today is this spectacular fully f...	4 beds \| 2 baths \| 2,831 sq.ft.	$1,288,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 0.9% Airbnb Rental Income: $273 Traditional Rental Income: $3115 Airbnb ROI: -1.67% Traditional ROI: 0.9%
1586 Crystal Air Drive South Lake Tahoe, CA Located in a quiet South Lake Tahoe neighborhood, this mountain chalet offers classic Taho...	3 beds \| 2 baths \| 1,612 sq.ft.	$689,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.55% Airbnb Rental Income: $325 Traditional Rental Income: $3377 Airbnb ROI: -1.57% Traditional ROI: 3.55%
1752 Southern Pines Drive South Lake Tahoe, CA Welcome home to 1752 Southern Pines Drive, located in the desirable Pioneer Trail neighbor...	4 beds \| 2 baths \| 1,728 sq.ft.	$740,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 3% Airbnb Rental Income: $273 Traditional Rental Income: $3115 Airbnb ROI: -1.46% Traditional ROI: 3%
705 Eloise Avenue South Lake Tahoe, CA This South Lake Tahoe duplex with two separate cabins on one parcel offers a rare combinat...	N/A beds \| N/A baths \| 1,396 sq.ft.	$750,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 1.6% Airbnb Rental Income: $791 Traditional Rental Income: $2365 Airbnb ROI: -1.11% Traditional ROI: 1.6%
938 Kekin St South Lake Tahoe, CA Brand New home is almost complete and ready for its residents to enjoy. Nestled on a sunn...	4 beds \| 3 baths \| 2,436 sq.ft.	$1,099,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 2.95% Airbnb Rental Income: $273 Traditional Rental Income: $4182 Airbnb ROI: -1.1% Traditional ROI: 2.95%
3535 Lake Tahoe Boulevard unit: 327 South Lake Tahoe, CA This fully furnished topfloor condo in Lakeland Village features openbeam vaulted ceilings...	2 beds \| 2 baths \| 861 sq.ft.	$619,000	Airbnb cash on cash: -3.31% Traditional cash on cash: -0.41% Airbnb Rental Income: $603 Traditional Rental Income: $1985 Airbnb ROI: -3.31% Traditional ROI: -0.41%
2283 Arizona Avenue South Lake Tahoe, CA Turn-Key Vacation Rental! ---Welcome to one of South Lake Tahoe's most compelling investme...	4 beds \| 3 baths \| 1,910 sq.ft.	$1,040,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 1.69% Airbnb Rental Income: $273 Traditional Rental Income: $3115 Airbnb ROI: -1.49% Traditional ROI: 1.69%
3535 Lake Tahoe Blvd #410 South Lake Tahoe, CA This stunning property could be yours as an investment property or for personal living! T...	3 beds \| 2 baths \| 1,516 sq.ft.	$1,555,000	Airbnb cash on cash: -2.14% Traditional cash on cash: -0.13% Airbnb Rental Income: $325 Traditional Rental Income: $2980 Airbnb ROI: -2.14% Traditional ROI: -0.13%
738 San Francisco Ave South Lake Tahoe, CA 738 San Francisco Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$545,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 2.54% Airbnb Rental Income: $603 Traditional Rental Income: $2017 Airbnb ROI: -0.8% Traditional ROI: 2.54%
2520 Osborne Ave South Lake Tahoe, CA 2520 Osborne Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	1 beds \| 1 baths \| 520 sq.ft.	$416,500	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.51% Airbnb Rental Income: $465 Traditional Rental Income: $1622 Airbnb ROI: -1.14% Traditional ROI: 2.51%
3535 Lake Tahoe Boulevard unit: 204 South Lake Tahoe, CA Located in the highly desirable tourist core of Lakeland Village, where vacation rentals a...	1 beds \| 1 baths \| 607 sq.ft.	$445,000	Airbnb cash on cash: -3.6% Traditional cash on cash: -0.13% Airbnb Rental Income: $465 Traditional Rental Income: $1646 Airbnb ROI: -3.6% Traditional ROI: -0.13%
1232 Ute St South Lake Tahoe, CA Delivering a premium of quality and modern aesthetic, this thoughtfully updated residence ...	4 beds \| 2 baths \| 3,310 sq.ft.	$1,249,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 0.6% Airbnb Rental Income: $273 Traditional Rental Income: $2823 Airbnb ROI: -1.8% Traditional ROI: 0.6%
1447 Pebble Beach Drive South Lake Tahoe, CA You will be pleasantly surprised when you step inside this beautifully renovated mountain-...	4 beds \| 3 baths \| 2,240 sq.ft.	$850,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 3.42% Airbnb Rental Income: $273 Traditional Rental Income: $4202 Airbnb ROI: -1.83% Traditional ROI: 3.42%
1091 Johnson Blvd South Lake Tahoe, CA This over a half acre parcel backing the golf course with mountain views is a stunning in ...	11 beds \| 13 baths \| 10,303 sq.ft.	$7,588,000	Airbnb cash on cash: -1.05% Traditional cash on cash: -0.67% Airbnb Rental Income: $210 Traditional Rental Income: $2700 Airbnb ROI: -1.05% Traditional ROI: -0.67%
1281 Bonanza Ave #8 South Lake Tahoe, CA Beautifully updated in-town condo close to forest land, the lake, beaches, schools and sho...	2 beds \| 1 baths \| 879 sq.ft.	$299,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 4.06% Airbnb Rental Income: $603 Traditional Rental Income: $2049 Airbnb ROI: -2.1% Traditional ROI: 4.06%
357 Ala Wai Blvd #234 South Lake Tahoe, CA The full beauty of Lake Tahoe is truly right out your door along with all of the amenities...	3 beds \| 2 baths \| 1,400 sq.ft.	$748,000	Airbnb cash on cash: -3.55% Traditional cash on cash: 0.56% Airbnb Rental Income: $325 Traditional Rental Income: $2948 Airbnb ROI: -3.55% Traditional ROI: 0.56%
1238 Lone Indian Trail South Lake Tahoe, CA Welcome to 1238 Lone Indian, a meticulously maintained Tahoe home that reflects true pride...	3 beds \| 3 baths \| 2,670 sq.ft.	$1,248,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 1.47% Airbnb Rental Income: $325 Traditional Rental Income: $3840 Airbnb ROI: -1.77% Traditional ROI: 1.47%
962 Modesto Avenue South Lake Tahoe, CA An incredible investment opportunity in the heart of South Lake Tahoe! With two separate l...	5 beds \| 3 baths \| 2,817 sq.ft.	$1,595,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.47% Airbnb Rental Income: $210 Traditional Rental Income: $4449 Airbnb ROI: -1.54% Traditional ROI: 1.47%
439 Ala Wai Blvd #106 South Lake Tahoe, CA Cozy, quaint, affordable 1 bedroom Tahoe Keys furnished oasis. This property is situated w...	1 beds \| 1 baths \| 702 sq.ft.	$299,000	Airbnb cash on cash: -7.51% Traditional cash on cash: -0.92% Airbnb Rental Income: $465 Traditional Rental Income: $2055 Airbnb ROI: -7.51% Traditional ROI: -0.92%
1036 Moss Rd South Lake Tahoe, CA Fabulous 7 unit property in South Lake Tahoe! Just a short walk to stateline, where all th...	N/A beds \| N/A baths \| 3,176 sq.ft.	$1,150,000	Airbnb cash on cash: -1.4% Traditional cash on cash: 0.66% Airbnb Rental Income: $791 Traditional Rental Income: $2675 Airbnb ROI: -1.4% 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...	N/A beds \| N/A baths \| 2,116 sq.ft.	$836,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 1.21% Airbnb Rental Income: $791 Traditional Rental Income: $2490 Airbnb ROI: -1.38% Traditional ROI: 1.21%
3535 Lake Tahoe Blvd #112 South Lake Tahoe, CA <div>This studio Lakeland Village condo is great for all lake Tahoe Seasons! Located on a ...	1 beds \| 1 baths \| 458 sq.ft.	$375,000	Airbnb cash on cash: -3.79% Traditional cash on cash: 0.33% Airbnb Rental Income: $465 Traditional Rental Income: $1646 Airbnb ROI: -3.79% Traditional ROI: 0.33%
861 Gardner St South Lake Tahoe, CA 861 Gardner St, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 1 baths \| 767 sq.ft.	$565,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.28% Airbnb Rental Income: $603 Traditional Rental Income: $2004 Airbnb ROI: -0.92% Traditional ROI: 2.28%
3589 Rocky Point Rd South Lake Tahoe, CA undefined	3 beds \| 2 baths \| 2,789 sq.ft.	$1,475,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 0.54% Airbnb Rental Income: $325 Traditional Rental Income: $3237 Airbnb ROI: -1.76% Traditional ROI: 0.54%
3535 Lake Tahoe Blvd #432 South Lake Tahoe, CA Waterfront 19 acre wooded property with over 1000' of beach and a private HOA dock. Locate...	1 beds \| 1 baths \| 1,127 sq.ft.	$798,000	Airbnb cash on cash: -2.91% Traditional cash on cash: -0.96% Airbnb Rental Income: $465 Traditional Rental Income: $1646 Airbnb ROI: -2.91% Traditional ROI: -0.96%
2161 Pinewood Dr South Lake Tahoe, CA In this spectacularly renovated mountain home, there is no doubt you will feel right at ho...	3 beds \| 1 baths \| 988 sq.ft.	$599,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 2.18% Airbnb Rental Income: $325 Traditional Rental Income: $2295 Airbnb ROI: -1.77% Traditional ROI: 2.18%
3582 Mackedie Way South Lake Tahoe, CA STR update: Proposed ordinance revisions include removal of the 150 foot buffer and a 900 ...	4 beds \| 4 baths \| 2,712 sq.ft.	$1,365,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 3.85% Airbnb Rental Income: $273 Traditional Rental Income: $7199 Airbnb ROI: -1.8% Traditional ROI: 3.85%
2400 Tahoe Vista Dr South Lake Tahoe, CA	4 beds \| N/A baths \| 1,536 sq.ft.	$749,500	Airbnb cash on cash: -1.56% Traditional cash on cash: 3.02% Airbnb Rental Income: $273 Traditional Rental Income: $3239 Airbnb ROI: -1.56% Traditional ROI: 3.02%
3845 Figueroa Ln South Lake Tahoe, CA A unique opportunity presents itself with this fully permitted project that has the founda...	3 beds \| 3 baths \| 1,660 sq.ft.	$799,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 3.27% Airbnb Rental Income: $325 Traditional Rental Income: $3350 Airbnb ROI: -1.12% Traditional ROI: 3.27%
497 Tahoe Keys Blvd #30 South Lake Tahoe, CA Kick back and immerse yourself in carefree mountain living in this impeccably finished tow...	2 beds \| 2 baths \| 1,014 sq.ft.	$525,000	Airbnb cash on cash: -4.01% Traditional cash on cash: -0.26% Airbnb Rental Income: $603 Traditional Rental Income: $2156 Airbnb ROI: -4.01% Traditional ROI: -0.26%
1029 Reno Avenue South Lake Tahoe, CA Centrally located just minutes from Lake Tahoe and Heavenly Valley ski resort, 1029-1035 R...	N/A beds \| N/A baths \| 2,400 sq.ft.	$995,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.48% Airbnb Rental Income: $791 Traditional Rental Income: $1623 Airbnb ROI: -0.77% Traditional ROI: 0.48%
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: -1.16% Traditional cash on cash: 1.03% Airbnb Rental Income: $603 Traditional Rental Income: $1845 Airbnb ROI: -1.16% Traditional ROI: 1.03%
1251 Tata Lane South Lake Tahoe, CA Charming Lake Tahoe cabin retreat offering the perfect blend of rustic mountain charm and ...	3 beds \| 2 baths \| 1,480 sq.ft.	$630,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 2.22% Airbnb Rental Income: $325 Traditional Rental Income: $2568 Airbnb ROI: -2.01% Traditional ROI: 2.22%
1513 Cree St South Lake Tahoe, CA	6 beds \| 5 baths \| 4,144 sq.ft.	$1,495,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 1.52% Airbnb Rental Income: $210 Traditional Rental Income: $4614 Airbnb ROI: -1.81% Traditional ROI: 1.52%
3816 Steven Lane South Lake Tahoe, CA Taken down to the studs and rebuilt with intention, this home delivers a classic Tahoe fee...	3 beds \| 2 baths \| 1,290 sq.ft.	$668,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 2.38% Airbnb Rental Income: $325 Traditional Rental Income: $2536 Airbnb ROI: -1.56% Traditional ROI: 2.38%
3535 Lake Tahoe Boulevard unit: 229 South Lake Tahoe, CA This beautifully upgraded, singlestory Lakeland Village condo offers one bedroom, one bath...	1 beds \| 1 baths \| 607 sq.ft.	$479,000	Airbnb cash on cash: -3.92% Traditional cash on cash: -0.8% Airbnb Rental Income: $465 Traditional Rental Income: $1594 Airbnb ROI: -3.92% Traditional ROI: -0.8%
2721 Blitzen Rd South Lake Tahoe, CA	3 beds \| 2 baths \| 1,232 sq.ft.	$690,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 1.84% Airbnb Rental Income: $325 Traditional Rental Income: $2565 Airbnb ROI: -2.02% Traditional ROI: 1.84%
3535 Lake Tahoe Boulevard unit: 526 South Lake Tahoe, CA Wake up to breathtaking lake and beach views in this beautifully situated Lakeland Village...	3 beds \| 2 baths \| 1,518 sq.ft.	$1,499,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 0.03% Airbnb Rental Income: $325 Traditional Rental Income: $2387 Airbnb ROI: -1.63% Traditional ROI: 0.03%
1251 Margaret Avenue South Lake Tahoe, CA Completed in late 2023 by respected local builder Paul McGill, this meticulously crafted h...	3 beds \| 3 baths \| 1,825 sq.ft.	$1,249,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 1.53% Airbnb Rental Income: $325 Traditional Rental Income: $3101 Airbnb ROI: -1.07% Traditional ROI: 1.53%

Real Estate investment in South-lake-tahoe, CA

There are 237 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $630,000 and the average price per square foot is $313. In April 2026, the average monthly cash on cash return in South Lake Tahoe is 3.00%. The average monthly rental income in South Lake Tahoe is $3,288.

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

There are 237 investment properties available for sale in South-lake-tahoe.

In 2026, the best neighborhood to buy investment property is South Lake Tahoe.

The ROI for Long-Term is higher than the Short-Term in South-lake-tahoe with average rental income of $3,288.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

1223 Bonanza Avenue unit: 7

South Lake Tahoe, CA

2 beds | 1 baths | 841 sq.ft.

$264,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $603

Traditional Rental Income: $2151

Airbnb ROI: -2.29%

Traditional ROI: 5.09%

3390 Beaver Brae

South Lake Tahoe, CA

4 beds | 2 baths | 2,831 sq.ft.

$1,288,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: 0.9%

Airbnb Rental Income: $273

Traditional Rental Income: $3115

Airbnb ROI: -1.67%

Traditional ROI: 0.9%

1586 Crystal Air Drive

South Lake Tahoe, CA

3 beds | 2 baths | 1,612 sq.ft.

$689,000

Airbnb cash on cash: -1.57%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $325

Traditional Rental Income: $3377

Airbnb ROI: -1.57%

Traditional ROI: 3.55%

1752 Southern Pines Drive

South Lake Tahoe, CA

4 beds | 2 baths | 1,728 sq.ft.

$740,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 3%

Airbnb Rental Income: $273

Traditional Rental Income: $3115

Airbnb ROI: -1.46%

Traditional ROI: 3%

705 Eloise Avenue

South Lake Tahoe, CA

N/A beds | N/A baths | 1,396 sq.ft.

$750,000

Airbnb cash on cash: -1.11%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $791

Traditional Rental Income: $2365

Airbnb ROI: -1.11%

Traditional ROI: 1.6%

938 Kekin St

South Lake Tahoe, CA

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

$1,099,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $273

Traditional Rental Income: $4182

Airbnb ROI: -1.1%

Traditional ROI: 2.95%

3535 Lake Tahoe Boulevard unit: 327

South Lake Tahoe, CA

2 beds | 2 baths | 861 sq.ft.

$619,000

Airbnb cash on cash: -3.31%

Traditional cash on cash: -0.41%

Airbnb Rental Income: $603

Traditional Rental Income: $1985

Airbnb ROI: -3.31%

Traditional ROI: -0.41%

2283 Arizona Avenue

South Lake Tahoe, CA

4 beds | 3 baths | 1,910 sq.ft.

$1,040,000

Airbnb cash on cash: -1.49%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $273

Traditional Rental Income: $3115

Airbnb ROI: -1.49%