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
3390 Beaver Brae South Lake Tahoe, CA Spacious two-story home in the desirable Christmas Valley area set on a sunny, level 10,01...	4 beds \| 3 baths \| 2,831 sq.ft.	$1,288,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 1.99% Airbnb Rental Income: $273 Traditional Rental Income: $4422 Airbnb ROI: -1.67% Traditional ROI: 1.99%
1871 Guadalupe Street South Lake Tahoe, CA Get in on this one just in time to enjoy an incredible summer in Tahoe. This wonderful vac...	3 beds \| 2 baths \| 1,274 sq.ft.	$649,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 3.46% Airbnb Rental Income: $325 Traditional Rental Income: $3111 Airbnb ROI: -1.54% Traditional ROI: 3.46%
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: 3.53% Airbnb Rental Income: $273 Traditional Rental Income: $3480 Airbnb ROI: -1.46% Traditional ROI: 3.53%
1685 Skyline Drive South Lake Tahoe, CA Move into your peaceful mountain getaway, tastefully furnished with comfort and mountain l...	4 beds \| 2 baths \| 1,900 sq.ft.	$895,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 2.95% Airbnb Rental Income: $273 Traditional Rental Income: $3850 Airbnb ROI: -1.63% Traditional ROI: 2.95%
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 Street South Lake Tahoe, CA This beautiful sunny Tahoe home is located adjacent to Forest Service land and across the ...	4 beds \| 3 baths \| 2,436 sq.ft.	$1,049,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 3.14% Airbnb Rental Income: $273 Traditional Rental Income: $4182 Airbnb ROI: -1.11% Traditional ROI: 3.14%
3535 Lake Tahoe Boulevard #327 South Lake Tahoe, CA This fully furnished topfloor condo in Lakeland Village features openbeam vaulted ceilings...	2 beds \| 2 baths \| 861 sq.ft.	$599,000	Airbnb cash on cash: -3.38% Traditional cash on cash: -0.39% Airbnb Rental Income: $603 Traditional Rental Income: $1985 Airbnb ROI: -3.38% Traditional ROI: -0.39%
2520 Osborne Avenue South Lake Tahoe, CA *Short Term Rental Potential perfect for a honeymoon getaway with a hot tub!*Charming ...	1 beds \| 1 baths \| 520 sq.ft.	$416,500	Airbnb cash on cash: -1.56% Traditional cash on cash: 2.09% Airbnb Rental Income: $465 Traditional Rental Income: $1622 Airbnb ROI: -1.56% Traditional ROI: 2.09%
1122 Reno Avenue South Lake Tahoe, CA Inviting Tahoe cabin in the desirable Tahoe Sierra neighborhood! This beautifully remodele...	2 beds \| 1 baths \| 864 sq.ft.	$479,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 3.41% Airbnb Rental Income: $603 Traditional Rental Income: $2406 Airbnb ROI: -1.26% Traditional ROI: 3.41%
1439 Ski Run Boulevard #H4 South Lake Tahoe, CA This turnkey 2-bedroom, 1.5-bath condo offers the ideal blend of mountain charm, investmen...	2 beds \| 2 baths \| 1,060 sq.ft.	$489,000	Airbnb cash on cash: -2.71% Traditional cash on cash: 1.17% Airbnb Rental Income: $603 Traditional Rental Income: $2090 Airbnb ROI: -2.71% Traditional ROI: 1.17%
4085 Manzanita Avenue #1-4 South Lake Tahoe, CA Four rentable units, one unbeatable location. This South Lake Tahoe income property sits b...	N/A beds \| N/A baths \| 2,552 sq.ft.	$1,499,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.81% Airbnb Rental Income: $791 Traditional Rental Income: $3033 Airbnb ROI: -1.03% Traditional ROI: 0.81%
3535 Lake Tahoe Boulevard #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.	$430,000	Airbnb cash on cash: -3.69% Traditional cash on cash: 1.09% Airbnb Rental Income: $465 Traditional Rental Income: $2123 Airbnb ROI: -3.69% Traditional ROI: 1.09%
1232 Ute Street South Lake Tahoe, CA Motivated Sellers, Major Price Improvement, Strong Value in South Lake Tahoe!! Extensively...	3 beds \| 2 baths \| 3,310 sq.ft.	$1,148,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 0.8% Airbnb Rental Income: $325 Traditional Rental Income: $2823 Airbnb ROI: -1.77% Traditional ROI: 0.8%
693 Patricia Lane South Lake Tahoe, CA Located in the desirable Tahoe Island Drive area, this 4-bedroom, 2.5-bathroom home offers...	4 beds \| 3 baths \| 2,376 sq.ft.	$1,158,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 2.06% Airbnb Rental Income: $273 Traditional Rental Income: $4008 Airbnb ROI: -1.62% Traditional ROI: 2.06%
4101 Lake Tahoe Boulevard #213 South Lake Tahoe, CA Seller Financing Available!!!!Rental Approved!!!Oasis at Zalanta is a premier luxury lifes...	3 beds \| 3 baths \| 1,616 sq.ft.	$1,900,000	Airbnb cash on cash: -3.17% Traditional cash on cash: -1.64% Airbnb Rental Income: $325 Traditional Rental Income: $2785 Airbnb ROI: -3.17% Traditional ROI: -1.64%
1320 Chinquapin Drive South Lake Tahoe, CA South Lake Tahoe Single Level Home~ Convenient Location and Low MaintenanceThis turnkey, s...	3 beds \| 2 baths \| 1,309 sq.ft.	$665,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 3.23% Airbnb Rental Income: $325 Traditional Rental Income: $3117 Airbnb ROI: -1.66% Traditional ROI: 3.23%
1262 Timber Lane South Lake Tahoe, CA Lake Tahoe's best kept secret at Tahoe Tyrol! 4 beds and 3 baths enhance the exquisite lif...	4 beds \| 3 baths \| 2,312 sq.ft.	$895,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 3.08% Airbnb Rental Income: $273 Traditional Rental Income: $4314 Airbnb ROI: -2.05% Traditional ROI: 3.08%
1257 Margaret Avenue South Lake Tahoe, CA New listing at 1257 Margaret Ave in South Lake Tahoe! This 4-bedroom, 2-bath home offers a...	4 beds \| 2 baths \| 1,822 sq.ft.	$699,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 3.96% Airbnb Rental Income: $273 Traditional Rental Income: $3677 Airbnb ROI: -1.62% Traditional ROI: 3.96%
2081 Venice Drive #281 South Lake Tahoe, CA Welcome to your waterfront retreat in the coveted Tahoe Keys. Thoughtfully updated and imp...	3 beds \| 3 baths \| 1,394 sq.ft.	$699,999	Airbnb cash on cash: -4.35% Traditional cash on cash: -0.19% Airbnb Rental Income: $325 Traditional Rental Income: $2799 Airbnb ROI: -4.35% Traditional ROI: -0.19%
2581 Armstrong Avenue South Lake Tahoe, CA Rare Find! This bright and sunny single-story home features 4 bedrooms and 2.5 bathrooms, ...	4 beds \| 3 baths \| 1,898 sq.ft.	$750,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 3.76% Airbnb Rental Income: $273 Traditional Rental Income: $4078 Airbnb ROI: -2.02% Traditional ROI: 3.76%
1455 Crystal Air Drive South Lake Tahoe, CA This classic Tahoe chalet offers that elusive mix of authentic mountain character and mode...	3 beds \| 2 baths \| 1,408 sq.ft.	$650,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 3.34% Airbnb Rental Income: $325 Traditional Rental Income: $3184 Airbnb ROI: -1.77% Traditional ROI: 3.34%
439 Ala Wai Boulevard #106 South Lake Tahoe, CA Cozy Mountain Retreat with Beach-Style Living!Welcome to this charming one-story condo in ...	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 Boulevard #112 South Lake Tahoe, CA This charming Lakeland Village condo offers a warm, inviting Tahoe vibe with solidsurface ...	1 beds \| 1 baths \| 458 sq.ft.	$375,000	Airbnb cash on cash: -4.17% Traditional cash on cash: 0.57% Airbnb Rental Income: $465 Traditional Rental Income: $1868 Airbnb ROI: -4.17% Traditional ROI: 0.57%
3371 Lake Tahoe Boulevard #6A South Lake Tahoe, CA Sierra Shores Lakefront!This 1/4-share luxury townhome offers a rare opportunity for truly...	4 beds \| 4 baths \| 3,327 sq.ft.	$899,000	Airbnb cash on cash: -3.01% Traditional cash on cash: 0.66% Airbnb Rental Income: $273 Traditional Rental Income: $3115 Airbnb ROI: -3.01% Traditional ROI: 0.66%
861 Gardner Street South Lake Tahoe, CA "Short Term Rental Eligible" Sitting in a premier Lake Tahoe locale, this turnkey open-flo...	2 beds \| 1 baths \| 767 sq.ft.	$535,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.46% Airbnb Rental Income: $603 Traditional Rental Income: $2004 Airbnb ROI: -0.92% Traditional ROI: 2.46%
3113 Deer Trail South Lake Tahoe, CA 3113 Deer Trail is located in the highly sought-after Golden Bear neighborhood, known for ...	4 beds \| 2 baths \| 1,928 sq.ft.	$795,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.98% Airbnb Rental Income: $273 Traditional Rental Income: $2571 Airbnb ROI: -1.44% Traditional ROI: 1.98%
2013 Piute Street South Lake Tahoe, CA This contemporary South Lake Tahoe residence presents a refined expression of modern mount...	4 beds \| 3 baths \| 2,455 sq.ft.	$1,395,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 1.47% Airbnb Rental Income: $273 Traditional Rental Income: $3330 Airbnb ROI: -1.06% Traditional ROI: 1.47%
1340 Wildwood Avenue South Lake Tahoe, CA Excellent location within walking distance to California base lodge at Heavenly Valley ski...	5 beds \| 3 baths \| 2,960 sq.ft.	$1,790,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 0.9% Airbnb Rental Income: $210 Traditional Rental Income: $4570 Airbnb ROI: -1.86% Traditional ROI: 0.9%
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.	$989,500	Airbnb cash on cash: -1.79% Traditional cash on cash: -0.53% Airbnb Rental Income: $791 Traditional Rental Income: $1623 Airbnb ROI: -1.79% Traditional ROI: -0.53%
516 Emerald Bay Road #421 South Lake Tahoe, CA Welcome to your own slice of South Lake Tahoe. Tucked away in the desirable St. Francis co...	1 beds \| 1 baths \| 678 sq.ft.	$284,000	Airbnb cash on cash: -3.29% Traditional cash on cash: 1.41% Airbnb Rental Income: $465 Traditional Rental Income: $1457 Airbnb ROI: -3.29% Traditional ROI: 1.41%
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 1251 Tata Lane South Lake Tahoe has a unique story. The current seller is the second owner...	3 beds \| 2 baths \| 1,480 sq.ft.	$615,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 2.3% Airbnb Rental Income: $325 Traditional Rental Income: $2568 Airbnb ROI: -2.03% Traditional ROI: 2.3%
3535 Lake Tahoe Boulevard #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.	$1,449,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 0.06% Airbnb Rental Income: $325 Traditional Rental Income: $2387 Airbnb ROI: -1.65% Traditional ROI: 0.06%
1251 Margaret Avenue South Lake Tahoe, CA Fully Furnished and Turnkey Ready! Completed in late 2023 by respected local builder Paul ...	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%
1520 Cherry Hills Circle South Lake Tahoe, CA Minutes away from the Lake, Heavenly, Sierra at Tahoe and Lake Tahoe, this stunning home i...	4 beds \| 3 baths \| 2,678 sq.ft.	$1,225,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 1.67% Airbnb Rental Income: $273 Traditional Rental Income: $3995 Airbnb ROI: -1.8% Traditional ROI: 1.67%
222 Beach Drive South Lake Tahoe, CA Nestled in the heart of the highly desirable Tahoe Keys community, this exceptional custom...	4 beds \| 5 baths \| 4,614 sq.ft.	$4,950,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 0.24% Airbnb Rental Income: $273 Traditional Rental Income: $7609 Airbnb ROI: -1.41% Traditional ROI: 0.24%
489 Tahoe Keys Boulevard #47 South Lake Tahoe, CA Welcome to your ultimate year-round retreat in Tahoe Keys. Whether you are catching first ...	2 beds \| N/A baths \| 845 sq.ft.	$499,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 2.68% Airbnb Rental Income: $603 Traditional Rental Income: $2310 Airbnb ROI: -1.59% Traditional ROI: 2.68%
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: -1.36% Traditional cash on cash: 2.7% Airbnb Rental Income: $325 Traditional Rental Income: $2837 Airbnb ROI: -1.36% Traditional ROI: 2.7%

Real Estate investment in South-lake-tahoe, CA

There are 174 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 $413. In May 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 $3,468.

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

There are 174 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 $3,468.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

3390 Beaver Brae

South Lake Tahoe, CA

4 beds | 3 baths | 2,831 sq.ft.

$1,288,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $273

Traditional Rental Income: $4422

Airbnb ROI: -1.67%

Traditional ROI: 1.99%

1871 Guadalupe Street

South Lake Tahoe, CA

3 beds | 2 baths | 1,274 sq.ft.

$649,000

Airbnb cash on cash: -1.54%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $325

Traditional Rental Income: $3111

Airbnb ROI: -1.54%

Traditional ROI: 3.46%

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: 3.53%

Airbnb Rental Income: $273

Traditional Rental Income: $3480

Airbnb ROI: -1.46%

Traditional ROI: 3.53%

1685 Skyline Drive

South Lake Tahoe, CA

4 beds | 2 baths | 1,900 sq.ft.

$895,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $273

Traditional Rental Income: $3850

Airbnb ROI: -1.63%

Traditional ROI: 2.95%

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 Street

South Lake Tahoe, CA

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

$1,049,000

Airbnb cash on cash: -1.11%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $273

Traditional Rental Income: $4182

Airbnb ROI: -1.11%

Traditional ROI: 3.14%

3535 Lake Tahoe Boulevard #327

South Lake Tahoe, CA

2 beds | 2 baths | 861 sq.ft.

$599,000

Airbnb cash on cash: -3.38%

Traditional cash on cash: -0.39%

Airbnb Rental Income: $603

Traditional Rental Income: $1985

Airbnb ROI: -3.38%

Traditional ROI: -0.39%

2520 Osborne Avenue

South Lake Tahoe, CA

1 beds | 1 baths | 520 sq.ft.

$416,500

Airbnb cash on cash: -1.56%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $465

Traditional Rental Income: $1622

Airbnb ROI: -1.56%