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 #7 South Lake Tahoe, CA Back on the market due to no fault of the seller. Here's is your lowest price 2 bedroom in...	2 beds \| 1 baths \| 841 sq.ft.	$269,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 4.96% Airbnb Rental Income: $603 Traditional Rental Income: $2151 Airbnb ROI: -2.28% Traditional ROI: 4.96%
791 Cholula St South Lake Tahoe, CA Tucked away in a special spot in Meyers area, this home was uniquely-design with a tree h...	3 beds \| 2 baths \| 1,640 sq.ft.	$899,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 1.6% Airbnb Rental Income: $325 Traditional Rental Income: $2905 Airbnb ROI: -1.77% Traditional ROI: 1.6%
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.	$1,199,999	Airbnb cash on cash: -1.72% Traditional cash on cash: 2.21% Airbnb Rental Income: $273 Traditional Rental Income: $4422 Airbnb ROI: -1.72% Traditional ROI: 2.21%
3535 Lake Tahoe Boulevard #218 South Lake Tahoe, CA This beautifully upgraded Lakeland Village condo is a desirable corner unit offering a pee...	1 beds \| 1 baths \| 607 sq.ft.	$479,900	Airbnb cash on cash: -3.56% Traditional cash on cash: 0.89% Airbnb Rental Income: $465 Traditional Rental Income: $2196 Airbnb ROI: -3.56% Traditional ROI: 0.89%
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.	$730,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.59% Airbnb Rental Income: $273 Traditional Rental Income: $3480 Airbnb ROI: -1.47% Traditional ROI: 3.59%
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.	$859,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 3.11% Airbnb Rental Income: $273 Traditional Rental Income: $3850 Airbnb ROI: -1.65% Traditional ROI: 3.11%
1834 Cold Creek Court South Lake Tahoe, CA Located at the end of a quiet cul-de-sac in the highly desirable Montgomery Estates neighb...	3 beds \| 3 baths \| 2,006 sq.ft.	$798,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 3.52% Airbnb Rental Income: $325 Traditional Rental Income: $4018 Airbnb ROI: -1.77% Traditional ROI: 3.52%
1377 Tata Ln South Lake Tahoe, CA Very beautiful newer home built in 2018. Very large four bedrooms and three baths, Great r...	4 beds \| 3 baths \| 2,798 sq.ft.	$1,500,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 2.66% Airbnb Rental Income: $273 Traditional Rental Income: $5246 Airbnb ROI: -1.07% Traditional ROI: 2.66%
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%
1410 Ski Run Boulevard 1 South Lake Tahoe, CA Close to the Slopes, Connected to TahoeA refreshed 2-bedroom condominium with warm alpine ...	2 beds \| 2 baths \| 856 sq.ft.	$385,000	Airbnb cash on cash: -2.98% Traditional cash on cash: 3.5% Airbnb Rental Income: $603 Traditional Rental Income: $2652 Airbnb ROI: -2.98% Traditional ROI: 3.5%
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%
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%
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%
1081 Craig Avenue South Lake Tahoe, CA Experience the charm of Old Tahoe in this classic log cabin nestled in the highly sought-a...	2 beds \| 1 baths \| 684 sq.ft.	$449,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 3.54% Airbnb Rental Income: $603 Traditional Rental Income: $2108 Airbnb ROI: -0.73% Traditional ROI: 3.54%
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%
2081 Tahoe Mountain Road South Lake Tahoe, CA Escape to your own private sanctuary at 2081 Tahoe Mountain Rd, where tranquility meets cr...	5 beds \| 4 baths \| 3,185 sq.ft.	$4,998,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.11% Airbnb Rental Income: $210 Traditional Rental Income: $5772 Airbnb ROI: -1.36% Traditional ROI: -0.11%
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%
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.	$7,788,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.2% Airbnb Rental Income: $210 Traditional Rental Income: $9008 Airbnb ROI: -1.05% Traditional ROI: 0.2%
1281 Bonanza Avenue #8 South Lake Tahoe, CA Step inside this ground-level entry condo and discover a bright, open layout featuring an ...	2 beds \| 1 baths \| 879 sq.ft.	$291,500	Airbnb cash on cash: -2.13% Traditional cash on cash: 4.19% Airbnb Rental Income: $603 Traditional Rental Income: $2049 Airbnb ROI: -2.13% Traditional ROI: 4.19%
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%
1238 Lone Indian Trail South Lake Tahoe, CA There's a reason Montgomery Estates is one of Tahoe's most loved neighborhoods. The forest...	3 beds \| 3 baths \| 2,670 sq.ft.	$1,225,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.52% Airbnb Rental Income: $325 Traditional Rental Income: $3840 Airbnb ROI: -1.78% Traditional ROI: 1.52%
1439 Ski Run Boulevard #A3 South Lake Tahoe, CA Unit A3 is a rare offering within The Summit, this 3-bedroom, 2.5-bath condominium enjoys ...	3 beds \| 3 baths \| 1,300 sq.ft.	$560,000	Airbnb cash on cash: -2.74% Traditional cash on cash: 2.49% Airbnb Rental Income: $325 Traditional Rental Income: $2821 Airbnb ROI: -2.74% Traditional ROI: 2.49%
1160 Herbert Avenue #A South Lake Tahoe, CA This updated South Lake Tahoe getaway is ready to enjoy! 1160 Herbert Ave #A blends mounta...	3 beds \| 2 baths \| 1,161 sq.ft.	$499,000	Airbnb cash on cash: -3.03% Traditional cash on cash: 2.79% Airbnb Rental Income: $325 Traditional Rental Income: $2796 Airbnb ROI: -3.03% Traditional ROI: 2.79%
3385 Bruce Drive South Lake Tahoe, CA This lovingly cared for and move-in ready home accented with river rock can be found on a ...	2 beds \| 1 baths \| 864 sq.ft.	$550,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.13% Airbnb Rental Income: $603 Traditional Rental Income: $2489 Airbnb ROI: -1.1% Traditional ROI: 3.13%
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.	$640,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 3.42% Airbnb Rental Income: $325 Traditional Rental Income: $3184 Airbnb ROI: -1.77% Traditional ROI: 3.42%
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%
3535 Lake Tahoe Boulevard #458 South Lake Tahoe, CA This exceptional 19 acre wooded property sits directly along 1,000 feet of South Lake Taho...	4 beds \| 3 baths \| 1,862 sq.ft.	$1,495,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 0.1% Airbnb Rental Income: $273 Traditional Rental Income: $3228 Airbnb ROI: -2.2% Traditional ROI: 0.1%
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: -3.58% Traditional cash on cash: 3.1% Airbnb Rental Income: $273 Traditional Rental Income: $5629 Airbnb ROI: -3.58% Traditional ROI: 3.1%
861 Gardner Street South Lake Tahoe, CA 'Please Do Not Disturb Tenants' Sitting in a premier Lake Tahoe locale, this turnkey open-...	2 beds \| 1 baths \| 767 sq.ft.	$519,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.57% Airbnb Rental Income: $603 Traditional Rental Income: $2004 Airbnb ROI: -0.92% Traditional ROI: 2.57%
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: -0.34% Airbnb Rental Income: $465 Traditional Rental Income: $2110 Airbnb ROI: -2.91% Traditional ROI: -0.34%
3535 Lake Tahoe Boulevard #521 South Lake Tahoe, CA This Lakeland Village townhouse offers one of the premier locations in the community, surr...	2 beds \| 1 baths \| 1,127 sq.ft.	$765,000	Airbnb cash on cash: -3.11% Traditional cash on cash: -0.11% Airbnb Rental Income: $603 Traditional Rental Income: $2453 Airbnb ROI: -3.11% Traditional ROI: -0.11%
2616 Kubel Avenue South Lake Tahoe, CA Welcome home to this lovingly maintained Tahoe Sierra charmer. Bright and inviting, this c...	3 beds \| 3 baths \| 1,363 sq.ft.	$669,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.17% Airbnb Rental Income: $325 Traditional Rental Income: $3053 Airbnb ROI: -1.59% Traditional ROI: 3.17%
1848 Koyukon Drive South Lake Tahoe, CA Stunning Modern Mountain Retreat in South Lake Tahoe! Step into mountain luxury at this ne...	4 beds \| 4 baths \| 2,231 sq.ft.	$1,250,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 2.53% Airbnb Rental Income: $273 Traditional Rental Income: $4562 Airbnb ROI: -1.36% Traditional ROI: 2.53%
1006 Tahoe Island Drive South Lake Tahoe, CA Welcome to 1006 Tahoe Island Drive! This beautifully remodeled 3-bedroom, 2-bath gambrel-s...	3 beds \| 2 baths \| 1,368 sq.ft.	$735,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 2.08% Airbnb Rental Income: $325 Traditional Rental Income: $2563 Airbnb ROI: -1.54% Traditional ROI: 2.08%

Real Estate investment in South-lake-tahoe, CA

There are 336 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $669,654 and the average price per square foot is $371. In July 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 $3,172.

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

There are 336 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 $3,172.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

1223 Bonanza Avenue #7

South Lake Tahoe, CA

2 beds | 1 baths | 841 sq.ft.

$269,000

Airbnb cash on cash: -2.28%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $603

Traditional Rental Income: $2151

Airbnb ROI: -2.28%

Traditional ROI: 4.96%

791 Cholula St

South Lake Tahoe, CA

3 beds | 2 baths | 1,640 sq.ft.

$899,000

Airbnb cash on cash: -1.77%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $325

Traditional Rental Income: $2905

Airbnb ROI: -1.77%

Traditional ROI: 1.6%

3390 Beaver Brae

South Lake Tahoe, CA

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

$1,199,999

Airbnb cash on cash: -1.72%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $273

Traditional Rental Income: $4422

Airbnb ROI: -1.72%

Traditional ROI: 2.21%

3535 Lake Tahoe Boulevard #218

South Lake Tahoe, CA

1 beds | 1 baths | 607 sq.ft.

$479,900

Airbnb cash on cash: -3.56%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $465

Traditional Rental Income: $2196

Airbnb ROI: -3.56%

Traditional ROI: 0.89%

1752 Southern Pines Drive

South Lake Tahoe, CA

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

$730,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $273

Traditional Rental Income: $3480

Airbnb ROI: -1.47%

Traditional ROI: 3.59%

1685 Skyline Drive

South Lake Tahoe, CA

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

$859,000

Airbnb cash on cash: -1.65%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $273

Traditional Rental Income: $3850

Airbnb ROI: -1.65%

Traditional ROI: 3.11%

1834 Cold Creek Court

South Lake Tahoe, CA

3 beds | 3 baths | 2,006 sq.ft.

$798,000

Airbnb cash on cash: -1.77%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $325

Traditional Rental Income: $4018

Airbnb ROI: -1.77%

Traditional ROI: 3.52%

1377 Tata Ln

South Lake Tahoe, CA

4 beds | 3 baths | 2,798 sq.ft.

$1,500,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $273

Traditional Rental Income: $5246

Airbnb ROI: -1.07%