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
1460 Matheson Dr South Lake Tahoe, CA Wonderfully remodeled chalet located in the heart of South Lake Tahoe. Located next to con...	3 beds \| 2 baths \| 1,451 sq.ft.	$685,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 2.45% Airbnb Rental Income: $4322 Traditional Rental Income: $2589 Airbnb ROI: 3.74% Traditional ROI: 2.45%
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 \| 2 baths \| 2,831 sq.ft.	$1,098,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.5% Airbnb Rental Income: $4743 Traditional Rental Income: $4422 Airbnb ROI: 1.86% Traditional ROI: 2.5%
3046 Fresno Ave South Lake Tahoe, CA <div>Priced to sell, this turnkey freshly updated fully furnished clean-lined and smart de...	2 beds \| 1 baths \| 864 sq.ft.	$595,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 2.35% Airbnb Rental Income: $4214 Traditional Rental Income: $2323 Airbnb ROI: 4.15% Traditional ROI: 2.35%
1752 Southern Pines Dr 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.	$719,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 3.66% Airbnb Rental Income: $4743 Traditional Rental Income: $3480 Airbnb ROI: 4.08% Traditional ROI: 3.66%
1254 Timber Ln South Lake Tahoe, CA Welcome to this charming four-bedroom, two-bathroom chalet-style home in the private Tahoe...	4 beds \| 2 baths \| 2,254 sq.ft.	$885,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 3.04% Airbnb Rental Income: $4743 Traditional Rental Income: $3847 Airbnb ROI: 2.94% Traditional ROI: 3.04%
1685 Skyline Dr 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.	$819,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 3.31% Airbnb Rental Income: $4743 Traditional Rental Income: $3850 Airbnb ROI: 3.2% Traditional ROI: 3.31%
880 Secret Harbor Dr South Lake Tahoe, CA Located in one of South Lake Tahoe's best family neighborhoods! Close to schools, shopping...	3 beds \| 2 baths \| 1,240 sq.ft.	$679,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 2.79% Airbnb Rental Income: $4322 Traditional Rental Income: $2849 Airbnb ROI: 3.68% Traditional ROI: 2.79%
4101 Lake Tahoe Blvd #319 South Lake Tahoe, CA Introducing Zalanta Resort at The Village - Unit 219. Lake Tahoe's premier whole ownership...	2 beds \| 2 baths \| 1,147 sq.ft.	$1,500,000	Airbnb cash on cash: -0.7% Traditional cash on cash: -1.33% Airbnb Rental Income: $4214 Traditional Rental Income: $2451 Airbnb ROI: -0.7% Traditional ROI: -1.33%
2163 Mewuk Dr South Lake Tahoe, CA 2163 Mewuk Dr, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,040 sq.ft.	$695,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 2.7% Airbnb Rental Income: $4322 Traditional Rental Income: $2765 Airbnb ROI: 3.7% Traditional ROI: 2.7%
3112 Deer Trl South Lake Tahoe, CA 3112 Deer Trl, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,460 sq.ft.	$779,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.95% Airbnb Rental Income: $4322 Traditional Rental Income: $3215 Airbnb ROI: 3.22% Traditional ROI: 2.95%
2666 S Upper Truckee Rd South Lake Tahoe, CA 2666 S Upper Truckee Rd, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 2 baths \| 864 sq.ft.	$584,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 2.81% Airbnb Rental Income: $4214 Traditional Rental Income: $2326 Airbnb ROI: 4.63% Traditional ROI: 2.81%
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: 5.1% Traditional cash on cash: 2.54% Airbnb Rental Income: $4214 Traditional Rental Income: $2017 Airbnb ROI: 5.1% Traditional ROI: 2.54%
2902 Springwood Dr South Lake Tahoe, CA 2902 Springwood Dr, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 2,093 sq.ft.	$1,088,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 2.21% Airbnb Rental Income: $4322 Traditional Rental Income: $3501 Airbnb ROI: 2.13% Traditional ROI: 2.21%
628 Kiowa Dr South Lake Tahoe, CA 628 Kiowa Dr, South Lake Tahoe, CA 96150 \| Single Family Residential	4 beds \| 2 baths \| 2,700 sq.ft.	$1,100,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.33% Airbnb Rental Income: $4743 Traditional Rental Income: $4724 Airbnb ROI: 2.4% Traditional ROI: 3.33%
1567 Iroquois Cir South Lake Tahoe, CA Located in Tahoe Paradise, this chalet has plenty of space to offer for entertaining. Wal...	4 beds \| 2 baths \| 1,724 sq.ft.	$750,000	Airbnb cash on cash: 3.78% Traditional cash on cash: 2.77% Airbnb Rental Income: $4743 Traditional Rental Income: $3058 Airbnb ROI: 3.78% Traditional ROI: 2.77%
1418 Skyline Dr South Lake Tahoe, CA Beautiful, large new deck currently under construction! Spacious & affordably priced count...	3 beds \| 2 baths \| 1,104 sq.ft.	$625,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 2.76% Airbnb Rental Income: $4322 Traditional Rental Income: $2520 Airbnb ROI: 4.29% Traditional ROI: 2.76%
3680 Aspen Ave South Lake Tahoe, CA 3680 Aspen Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,250 sq.ft.	$649,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 2.75% Airbnb Rental Income: $4322 Traditional Rental Income: $2820 Airbnb ROI: 3.73% Traditional ROI: 2.75%
2334 Cold Creek Trl South Lake Tahoe, CA 2334 Cold Creek Trl, South Lake Tahoe, CA 96150 \| Single Family Residential	5 beds \| 4 baths \| 6,131 sq.ft.	$1,998,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 1.41% Airbnb Rental Income: $13563 Traditional Rental Income: $5967 Airbnb ROI: 4.19% Traditional ROI: 1.41%
555 Tahoe Keys Blvd #11 South Lake Tahoe, CA This value priced turnkey Tahoe Keys condo includes a private garage and your own boat sli...	1 beds \| 1 baths \| 800 sq.ft.	$410,000	Airbnb cash on cash: -2.96% Traditional cash on cash: -1.1% Airbnb Rental Income: $1982 Traditional Rental Income: $2175 Airbnb ROI: -2.96% Traditional ROI: -1.1%
608 Tehama Dr South Lake Tahoe, CA The feeling of the mountains is yours once you drive up to this custom cedar and log accen...	4 beds \| 2 baths \| 2,066 sq.ft.	$1,195,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 1.65% Airbnb Rental Income: $4743 Traditional Rental Income: $3675 Airbnb ROI: 1.73% Traditional ROI: 1.65%
4101 Lake Tahoe Blvd #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: -1.28% Traditional cash on cash: -1.64% Airbnb Rental Income: $4322 Traditional Rental Income: $2785 Airbnb ROI: -1.28% 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: 0.49% Traditional cash on cash: 0.2% Airbnb Rental Income: $13563 Traditional Rental Income: $9008 Airbnb ROI: 0.49% Traditional ROI: 0.2%
2081 Venice Dr #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: 0.75% Traditional cash on cash: -0.19% Airbnb Rental Income: $4322 Traditional Rental Income: $2799 Airbnb ROI: 0.75% Traditional ROI: -0.19%
1160 Herbert Ave #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: 4.11% Traditional cash on cash: 2.79% Airbnb Rental Income: $4322 Traditional Rental Income: $2796 Airbnb ROI: 4.11% Traditional ROI: 2.79%
439 Ala Wai Blvd #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: -3.02% Traditional cash on cash: -0.92% Airbnb Rental Income: $1982 Traditional Rental Income: $2055 Airbnb ROI: -3.02% Traditional ROI: -0.92%
3695 Primrose Rd South Lake Tahoe, CA Spacious and newly updated duplex in the sought-after Stateline area, just minutes from He...	5 beds \| N/A baths \| 2,116 sq.ft.	$736,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.51% Airbnb Rental Income: $1982 Traditional Rental Income: $2490 Airbnb ROI: 0.01% Traditional ROI: 1.51%
3371 Lake Tahoe Blvd #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: 0.87% Traditional cash on cash: 3.1% Airbnb Rental Income: $4743 Traditional Rental Income: $5629 Airbnb ROI: 0.87% Traditional ROI: 3.1%
848 Glorene Ave South Lake Tahoe, CA Large 4 bedroom 3 bath house with a 3 bedroom 2 bath ADU on over 1/2 acre of land. Interio...	7 beds \| 5 baths \| 3,061 sq.ft.	$1,340,000	Airbnb cash on cash: 7.09% Traditional cash on cash: 1.36% Airbnb Rental Income: $13563 Traditional Rental Income: $3969 Airbnb ROI: 7.09% Traditional ROI: 1.36%
3589 Rocky Point Rd South Lake Tahoe, CA undefined	3 beds \| 2 baths \| 2,789 sq.ft.	$1,425,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 0.62% Airbnb Rental Income: $4322 Traditional Rental Income: $3237 Airbnb ROI: 0.75% Traditional ROI: 0.62%
3535 Lake Tahoe Blvd #445 South Lake Tahoe, CA Lakeland Village is located in the Tourist Core where short term vacation rentals are perm...	2 beds \| 2 baths \| 1,518 sq.ft.	$1,275,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 0.13% Airbnb Rental Income: $4214 Traditional Rental Income: $2814 Airbnb ROI: 0.56% Traditional ROI: 0.13%
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.	$729,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.97% Airbnb Rental Income: $1982 Traditional Rental Income: $2110 Airbnb ROI: 0.01% Traditional ROI: 0.97%
1029 Modoc Way South Lake Tahoe, CA Excellent location, creative space...this home has some great twists! 4 bedrooms and two b...	4 beds \| 2 baths \| 2,030 sq.ft.	$920,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 2.52% Airbnb Rental Income: $4743 Traditional Rental Income: $3487 Airbnb ROI: 2.84% Traditional ROI: 2.52%
1116 Lindberg Ave South Lake Tahoe, CA Views, views, views! Sitting on the meadow's edge and a river runs through it! Enjoy a fro...	3 beds \| 2 baths \| 2,443 sq.ft.	$1,225,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.02% Airbnb Rental Income: $4322 Traditional Rental Income: $4391 Airbnb ROI: 1.16% Traditional ROI: 2.02%
1126 Bowers Ave South Lake Tahoe, CA A Great Rental Property on Over a 1/4 Acre of Land with a Separate 2 Bedroom, 1 Bath House...	2 beds \| N/A baths \| 1,108 sq.ft.	$799,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 1.97% Airbnb Rental Income: $4322 Traditional Rental Income: $2674 Airbnb ROI: 2.96% Traditional ROI: 1.97%
516 Emerald Bay Rd #233 South Lake Tahoe, CA Tidy, spacious and a stellar location, this St. Francis of the Wood's condominium is a gre...	2 beds \| 1 baths \| 912 sq.ft.	$330,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 1.25% Airbnb Rental Income: $4214 Traditional Rental Income: $1748 Airbnb ROI: 6.33% Traditional ROI: 1.25%
3845 Figueroa Ln South Lake Tahoe, CA This one-of-a-kind residence redefines mountain modern living in South Lake Tahoe. Introdu...	3 beds \| 3 baths \| 1,660 sq.ft.	$799,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 3.27% Airbnb Rental Income: $4322 Traditional Rental Income: $3350 Airbnb ROI: 3.35% Traditional ROI: 3.27%
2013 Piute St South Lake Tahoe, CA Luxury Lake Tahoe residence showcasing European craftsmanship offers a refined expression ...	4 beds \| 3 baths \| 2,455 sq.ft.	$1,200,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 1.87% Airbnb Rental Income: $4743 Traditional Rental Income: $3330 Airbnb ROI: 2.26% Traditional ROI: 1.87%
1340 Wildwood Ave South Lake Tahoe, CA Excellent location within walking distance to California base lodge at Heavenly Valley ski...	6 beds \| 3 baths \| 2,960 sq.ft.	$1,720,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 0.97% Airbnb Rental Income: $13563 Traditional Rental Income: $4570 Airbnb ROI: 5.07% Traditional ROI: 0.97%
516 Emerald Bay Rd #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: 1.43% Traditional cash on cash: 1.41% Airbnb Rental Income: $1982 Traditional Rental Income: $1457 Airbnb ROI: 1.43% 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.	$500,000	Airbnb cash on cash: 5.19% Traditional cash on cash: 2.03% Airbnb Rental Income: $4214 Traditional Rental Income: $1845 Airbnb ROI: 5.19% Traditional ROI: 2.03%

Real Estate investment in South-lake-tahoe, CA

There are 247 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $714,611 and the average price per square foot is $369. In September 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 $3,223.

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

There are 247 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 Short-Term is higher than the Long-Term in South-lake-tahoe with average rental income of $4,322.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

1460 Matheson Dr

South Lake Tahoe, CA

3 beds | 2 baths | 1,451 sq.ft.

$685,000

Airbnb cash on cash: 3.74%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $4322

Traditional Rental Income: $2589

Airbnb ROI: 3.74%

Traditional ROI: 2.45%

3390 Beaver Brae

South Lake Tahoe, CA

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

$1,098,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $4743

Traditional Rental Income: $4422

Airbnb ROI: 1.86%

Traditional ROI: 2.5%

3046 Fresno Ave

South Lake Tahoe, CA

2 beds | 1 baths | 864 sq.ft.

$595,000

Airbnb cash on cash: 4.15%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $4214

Traditional Rental Income: $2323

Airbnb ROI: 4.15%

Traditional ROI: 2.35%

1752 Southern Pines Dr

South Lake Tahoe, CA

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

$719,000

Airbnb cash on cash: 4.08%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $4743

Traditional Rental Income: $3480

Airbnb ROI: 4.08%

Traditional ROI: 3.66%

1254 Timber Ln

South Lake Tahoe, CA

4 beds | 2 baths | 2,254 sq.ft.

$885,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $4743

Traditional Rental Income: $3847

Airbnb ROI: 2.94%

Traditional ROI: 3.04%

1685 Skyline Dr

South Lake Tahoe, CA

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

$819,000

Airbnb cash on cash: 3.2%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $4743

Traditional Rental Income: $3850

Airbnb ROI: 3.2%

Traditional ROI: 3.31%

880 Secret Harbor Dr

South Lake Tahoe, CA

3 beds | 2 baths | 1,240 sq.ft.

$679,000

Airbnb cash on cash: 3.68%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $4322

Traditional Rental Income: $2849

Airbnb ROI: 3.68%

Traditional ROI: 2.79%

4101 Lake Tahoe Blvd #319

South Lake Tahoe, CA

2 beds | 2 baths | 1,147 sq.ft.

$1,500,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: -1.33%

Airbnb Rental Income: $4214

Traditional Rental Income: $2451

Airbnb ROI: -0.7%