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%
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%
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 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%
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: 2.05% Airbnb Rental Income: $273 Traditional Rental Income: $3115 Airbnb ROI: -1.83% Traditional ROI: 2.05%
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%
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%
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%
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%
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%
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%
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.	$414,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 1.68% Airbnb Rental Income: $603 Traditional Rental Income: $1665 Airbnb ROI: -1.8% Traditional ROI: 1.68%
1057 Fern Road South Lake Tahoe, CA New construction 5-unit multifamily in the heart of South Lake Tahoe, just steps from Heav...	N/A beds \| N/A baths \| 5,743 sq.ft.	$2,896,000	Airbnb cash on cash: -1.61% Traditional cash on cash: -1.06% Airbnb Rental Income: $791 Traditional Rental Income: $1967 Airbnb ROI: -1.61% Traditional ROI: -1.06%
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: -2.08% Traditional cash on cash: 1.51% Airbnb Rental Income: $325 Traditional Rental Income: $2974 Airbnb ROI: -2.08% Traditional ROI: 1.51%
2613 Fountain Avenue South Lake Tahoe, CA Charming Tahoe Cottage with STR Potential, ADA Access, and EV ChargerTucked among the pine...	1 beds \| 1 baths \| 550 sq.ft.	$395,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 2.27% Airbnb Rental Income: $465 Traditional Rental Income: $1585 Airbnb ROI: -1.47% Traditional ROI: 2.27%
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: -1.79% Traditional cash on cash: 1.31% Airbnb Rental Income: $273 Traditional Rental Income: $4507 Airbnb ROI: -1.79% Traditional ROI: 1.31%
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.	$3,698,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 0.28% Airbnb Rental Income: $210 Traditional Rental Income: $7408 Airbnb ROI: -1.89% Traditional ROI: 0.28%
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.	$530,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 2.12% Airbnb Rental Income: $603 Traditional Rental Income: $2210 Airbnb ROI: -1.71% Traditional ROI: 2.12%
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 \| 5 baths \| 2,858 sq.ft.	$4,200,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 0.21% Airbnb Rental Income: $273 Traditional Rental Income: $5592 Airbnb ROI: -1.22% Traditional ROI: 0.21%
1180 Tokochi Street South Lake Tahoe, CA Very Tall garage and back yard access from Pioneer Trail for Toys! NEW INTERIOR PAINT! Wel...	3 beds \| 2 baths \| 1,275 sq.ft.	$625,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 3.47% Airbnb Rental Income: $325 Traditional Rental Income: $3089 Airbnb ROI: -1.68% Traditional ROI: 3.47%
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: -1.1% Traditional cash on cash: 3.25% Airbnb Rental Income: $273 Traditional Rental Income: $9621 Airbnb ROI: -1.1% 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: -1.2% Traditional cash on cash: 3.39% Airbnb Rental Income: $603 Traditional Rental Income: $2561 Airbnb ROI: -1.2% Traditional ROI: 3.39%
980 Kekin Street South Lake Tahoe, CA Christmas Valley is one of Lake Tahoe's best-kept secrets -- peacefully quiet, yet surroun...	3 beds \| 2 baths \| 1,902 sq.ft.	$775,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 3.32% Airbnb Rental Income: $325 Traditional Rental Income: $3769 Airbnb ROI: -1.78% Traditional ROI: 3.32%
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: -1.48% Traditional cash on cash: -0.66% Airbnb Rental Income: $210 Traditional Rental Income: $4563 Airbnb ROI: -1.48% Traditional ROI: -0.66%
1832 Nez Perce Drive South Lake Tahoe, CA Welcome to this charming chalet-style home nestled on a spacious quarter acre lot in El Do...	3 beds \| 1 baths \| 1,440 sq.ft.	$665,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 3.68% Airbnb Rental Income: $325 Traditional Rental Income: $3180 Airbnb ROI: -1.31% Traditional ROI: 3.68%
439 Ala Wai Boulevard unit: 140 South Lake Tahoe, CA STR update: Proposed ordinance revisions include removal of the 150 foot buffer and a 900 ...	3 beds \| 3 baths \| 1,462 sq.ft.	$799,000	Airbnb cash on cash: -3.05% Traditional cash on cash: 0.66% Airbnb Rental Income: $325 Traditional Rental Income: $2838 Airbnb ROI: -3.05% Traditional ROI: 0.66%
1575 Crystal Air Drive South Lake Tahoe, CA Welcome to this charming home nestled in the heart of South Lake Tahoe. This updated beaut...	4 beds \| 4 baths \| 3,024 sq.ft.	$1,099,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 2.21% Airbnb Rental Income: $273 Traditional Rental Income: $4147 Airbnb ROI: -1.81% Traditional ROI: 2.21%
1935 Apache Avenue South Lake Tahoe, CA Welcome to 1935 Apache, a rare South Lake Tahoe property offering direct golf cart access ...	3 beds \| 2 baths \| 1,742 sq.ft.	$835,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 2.35% Airbnb Rental Income: $325 Traditional Rental Income: $3283 Airbnb ROI: -1.77% Traditional ROI: 2.35%
2081 Venice Drive unit: 280 South Lake Tahoe, CA Premier Turn-Key Tahoe Keys Townhome! ---Welcome to 2081 Venice Drive #280 a rare, fully r...	4 beds \| 3 baths \| 1,602 sq.ft.	$879,000	Airbnb cash on cash: -4.42% Traditional cash on cash: -0.9% Airbnb Rental Income: $273 Traditional Rental Income: $2917 Airbnb ROI: -4.42% Traditional ROI: -0.9%
1080 Julie Lane unit: 16 South Lake Tahoe, CA Affordable Tahoe Living in the city of South Lake Tahoe. Minutes from world-class skiing, ...	2 beds \| 2 baths \| 1,160 sq.ft.	$170,000	Airbnb cash on cash: -6.22% Traditional cash on cash: 5.2% Airbnb Rental Income: $603 Traditional Rental Income: $2165 Airbnb ROI: -6.22% Traditional ROI: 5.2%
1410 Ski Run Blvd unit: 28 South Lake Tahoe, CA Experience the ultimate ski and recreation lifestyle at this beautifully updated 2-bedroom...	2 beds \| 2 baths \| 856 sq.ft.	$435,000	Airbnb cash on cash: -2.84% Traditional cash on cash: 1.17% Airbnb Rental Income: $603 Traditional Rental Income: $1948 Airbnb ROI: -2.84% Traditional ROI: 1.17%

Real Estate investment in South-lake-tahoe, CA

There are 79 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $750,000 and the average price per square foot is $421. 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 $3,588.

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

There are 79 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 $3,588.

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%

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%

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%

Traditional ROI: 1.69%

3535 Lake Tahoe Boulevard unit: 204

South Lake Tahoe, CA

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%

1447 Pebble Beach Drive

South Lake Tahoe, CA

4 beds | 3 baths | 2,240 sq.ft.

$850,000

Airbnb cash on cash: -1.83%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $273

Traditional Rental Income: $3115

Airbnb ROI: -1.83%