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
2539 Knox Ave South Lake Tahoe, CA 2539 Knox Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 1 baths \| 1,108 sq.ft.	$590,000	Airbnb cash on cash: 7.39% Traditional cash on cash: 2.78% Airbnb Rental Income: $6387 Traditional Rental Income: $2594 Airbnb ROI: 7.39% Traditional ROI: 2.78%
3334 Treehaven Dr South Lake Tahoe, CA	4 beds \| 4 baths \| 2,078 sq.ft.	$1,095,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 2.3% Airbnb Rental Income: $6387 Traditional Rental Income: $4004 Airbnb ROI: 3.41% Traditional ROI: 2.3%
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: 3.64% Traditional cash on cash: 1.03% Airbnb Rental Income: $4632 Traditional Rental Income: $1845 Airbnb ROI: 3.64% Traditional ROI: 1.03%
3535 Lake Tahoe Boulevard South Lake Tahoe, CA Location truly is everythingand Lakeland Village delivers in every way. Nestled on 19 sere...	4 beds \| 2 baths \| 1,940 sq.ft.	$399,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 5.13% Airbnb Rental Income: $3289 Traditional Rental Income: $2850 Airbnb ROI: 4.33% Traditional ROI: 5.13%
2031 Venice Drive South Lake Tahoe, CA Call regarding upcoming vacation rental permit potential!----Welcome to Tahoe Keys #322 a...	3 beds \| 3 baths \| 1,440 sq.ft.	$689,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 1.56% Airbnb Rental Income: $6387 Traditional Rental Income: $2631 Airbnb ROI: 5.46% Traditional ROI: 1.56%
2004 Kickapoo Street South Lake Tahoe, CA Back on the market with a substantial $36,0000 price reduction! ...	4 beds \| 2 baths \| 2,092 sq.ft.	$709,000	Airbnb cash on cash: 7.99% Traditional cash on cash: 4.45% Airbnb Rental Income: $7779 Traditional Rental Income: $3952 Airbnb ROI: 7.99% Traditional ROI: 4.45%
3801 Paradise Avenue South Lake Tahoe, CA Be the first to live in this beautifully remodeled South Lake Tahoe gem! Completed in 2025...	2 beds \| 1 baths \| 984 sq.ft.	$525,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 3.42% Airbnb Rental Income: $4632 Traditional Rental Income: $2508 Airbnb ROI: 5.79% Traditional ROI: 3.42%
980 Kekin Street South Lake Tahoe, CA Christmas Valley is one of Lake Tahoe's best-kept secrets: peacefully quiet on the one han...	3 beds \| 2 baths \| 1,902 sq.ft.	$775,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 3.32% Airbnb Rental Income: $6387 Traditional Rental Income: $3769 Airbnb ROI: 5.21% Traditional ROI: 3.32%
923 Sagewood Drive South Lake Tahoe, CA Set in the wonderful neighborhood of Highland Woods, this charming home has been updated t...	3 beds \| 2 baths \| 1,216 sq.ft.	$520,000	Airbnb cash on cash: 7.94% Traditional cash on cash: 3.63% Airbnb Rental Income: $6387 Traditional Rental Income: $3035 Airbnb ROI: 7.94% Traditional ROI: 3.63%
1870 Jicarilla Drive South Lake Tahoe, CA Situated in a wonderful neighborhood, this home has it all! The main level has a spacious ...	3 beds \| 3 baths \| 2,498 sq.ft.	$905,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 2.01% Airbnb Rental Income: $6387 Traditional Rental Income: $3629 Airbnb ROI: 3.8% Traditional ROI: 2.01%
880 Onnontioga Street South Lake Tahoe, CA Exceptional South Lake Tahoe Retreat on Expansive .4 Acre LotExperience the perfect combin...	3 beds \| 2 baths \| 1,328 sq.ft.	$999,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 2.06% Airbnb Rental Income: $6387 Traditional Rental Income: $3198 Airbnb ROI: 4.14% Traditional ROI: 2.06%
439 Ala Wai Blvd #140 South Lake Tahoe, CA Experience the ultimate in water front living, while enjoying the sheltered confines of th...	3 beds \| 3 baths \| 1,462 sq.ft.	$799,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 0.66% Airbnb Rental Income: $6387 Traditional Rental Income: $2838 Airbnb ROI: 3.74% Traditional ROI: 0.66%
1291 Peninsula Rd South Lake Tahoe, CA 1291 Peninsula Rd, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,584 sq.ft.	$795,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 1.97% Airbnb Rental Income: $6387 Traditional Rental Income: $2852 Airbnb ROI: 5.05% Traditional ROI: 1.97%
3099 Jameson Beach Rd South Lake Tahoe, CA 3099 Jameson Beach Rd, South Lake Tahoe, CA 96150 \| Single Family Residential	7 beds \| 5 baths \| 5,151 sq.ft.	$6,990,000	Airbnb cash on cash: -0.24% Traditional cash on cash: -0.79% Airbnb Rental Income: $12182 Traditional Rental Income: $6396 Airbnb ROI: -0.24% Traditional ROI: -0.79%
1040 Truckee Dr South Lake Tahoe, CA 1040 Truckee Dr, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 2,472 sq.ft.	$960,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 1.51% Airbnb Rental Income: $6387 Traditional Rental Income: $3012 Airbnb ROI: 3.89% Traditional ROI: 1.51%
1115 Glenwood Way South Lake Tahoe, CA 1115 Glenwood Way, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 1 baths \| 2,080 sq.ft.	$579,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 1.65% Airbnb Rental Income: $4632 Traditional Rental Income: $1932 Airbnb ROI: 4.86% Traditional ROI: 1.65%
3739 Terrace Dr South Lake Tahoe, CA 3739 Terrace Dr, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 1 baths \| 1,232 sq.ft.	$719,000	Airbnb cash on cash: 5.76% Traditional cash on cash: 1.62% Airbnb Rental Income: $6387 Traditional Rental Income: $2352 Airbnb ROI: 5.76% Traditional ROI: 1.62%
1352 Tata Ln South Lake Tahoe, CA 1352 Tata Ln, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 2 baths \| 1,200 sq.ft.	$729,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 1.36% Airbnb Rental Income: $4632 Traditional Rental Income: $2213 Airbnb ROI: 3.51% Traditional ROI: 1.36%
489 Tahoe Keys Blvd #68 South Lake Tahoe, CA 489 Tahoe Keys Blvd #68, South Lake Tahoe, CA 96150 \| Townhouse	N/A beds \| 1 baths \| 977 sq.ft.	$325,000	Airbnb cash on cash: -1.55% Traditional cash on cash: -1.41% Airbnb Rental Income: $2210 Traditional Rental Income: $1693 Airbnb ROI: -1.55% Traditional ROI: -1.41%
1993 High Meadow Trl South Lake Tahoe, CA 1993 High Meadow Trl, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 3 baths \| 2,423 sq.ft.	$925,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 2.17% Airbnb Rental Income: $6387 Traditional Rental Income: $3474 Airbnb ROI: 4.1% Traditional ROI: 2.17%
1281 Bonanza Ave #13 South Lake Tahoe, CA 1281 Bonanza Ave #13, South Lake Tahoe, CA 96150 \| Condo/Coop	2 beds \| 1 baths \| 838 sq.ft.	$299,900	Airbnb cash on cash: 9.63% Traditional cash on cash: 3.59% Airbnb Rental Income: $4632 Traditional Rental Income: $1966 Airbnb ROI: 9.63% Traditional ROI: 3.59%
1048 Trout Creek Ave South Lake Tahoe, CA 1048 Trout Creek Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	4 beds \| 3 baths \| 2,346 sq.ft.	$1,178,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 1.57% Airbnb Rental Income: $7779 Traditional Rental Income: $3776 Airbnb ROI: 3.87% Traditional ROI: 1.57%
3680 Tamarack Ave South Lake Tahoe, CA 3680 Tamarack Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	1 beds \| 1 baths \| 1,158 sq.ft.	$628,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 1.07% Airbnb Rental Income: $3289 Traditional Rental Income: $1749 Airbnb ROI: 2.44% Traditional ROI: 1.07%
3508 Fawn Way South Lake Tahoe, CA 3508 Fawn Way, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,492 sq.ft.	$630,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 2.97% Airbnb Rental Income: $6387 Traditional Rental Income: $2869 Airbnb ROI: 6.82% Traditional ROI: 2.97%
1932 Kokanee Way South Lake Tahoe, CA 1932 Kokanee Way, South Lake Tahoe, CA 96150 \| Single Family Residential	4 beds \| 4 baths \| 3,661 sq.ft.	$2,499,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 0.14% Airbnb Rental Income: $7779 Traditional Rental Income: $5083 Airbnb ROI: 0.66% Traditional ROI: 0.14%
1510 Wildwood Ave #5 South Lake Tahoe, CA 1510 Wildwood Ave #5, South Lake Tahoe, CA 96150 \| Condo/Coop	2 beds \| 1 baths \| 1,120 sq.ft.	$479,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 0.11% Airbnb Rental Income: $4632 Traditional Rental Income: $1963 Airbnb ROI: 3.77% Traditional ROI: 0.11%
1037 Pine Grove Ave South Lake Tahoe, CA 1037 Pine Grove Ave, South Lake Tahoe, CA 96150 \| Multi Family	N/A beds \| N/A baths \| 1,440 sq.ft.	$759,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 3.38% Airbnb Rental Income: $4632 Traditional Rental Income: $3729 Airbnb ROI: 3.3% Traditional ROI: 3.38%
1232 Julie Ln South Lake Tahoe, CA 1232 Julie Ln, South Lake Tahoe, CA 96150 \| Condo/Coop	3 beds \| 2 baths \| 1,742 sq.ft.	$579,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 3.02% Airbnb Rental Income: $6387 Traditional Rental Income: $2678 Airbnb ROI: 7.57% Traditional ROI: 3.02%
1900 Alliklik Rd South Lake Tahoe, CA 1900 Alliklik Rd, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 837 sq.ft.	$498,000	Airbnb cash on cash: 8.9% Traditional cash on cash: 3.44% Airbnb Rental Income: $6387 Traditional Rental Income: $2587 Airbnb ROI: 8.9% Traditional ROI: 3.44%
2081 Venice Dr #280 South Lake Tahoe, CA 2081 Venice Dr #280, South Lake Tahoe, CA 96150 \| Townhouse	4 beds \| 3 baths \| 1,602 sq.ft.	$970,000	Airbnb cash on cash: 3.08% Traditional cash on cash: -0.66% Airbnb Rental Income: $7779 Traditional Rental Income: $2917 Airbnb ROI: 3.08% Traditional ROI: -0.66%
516 Emerald Bay Rd #49 South Lake Tahoe, CA 516 Emerald Bay Rd #49, South Lake Tahoe, CA 96150 \| Condo/Coop	1 beds \| 1 baths \| 362 sq.ft.	$239,999	Airbnb cash on cash: 7.75% Traditional cash on cash: 3.26% Airbnb Rental Income: $3289 Traditional Rental Income: $1532 Airbnb ROI: 7.75% Traditional ROI: 3.26%
1639 Sherman Way South Lake Tahoe, CA 1639 Sherman Way, South Lake Tahoe, CA 96150 \| Single Family Residential	17 beds \| 17 baths \| 16,500 sq.ft.	$18,500,000	Airbnb cash on cash: -1.18% Traditional cash on cash: -1.38% Airbnb Rental Income: $12182 Traditional Rental Income: $6555 Airbnb ROI: -1.18% Traditional ROI: -1.38%
2605 Chris Ave South Lake Tahoe, CA 2605 Chris Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	2 beds \| 1 baths \| 930 sq.ft.	$449,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 2.94% Airbnb Rental Income: $4632 Traditional Rental Income: $2065 Airbnb ROI: 6.76% Traditional ROI: 2.94%
569 Lucerne Way South Lake Tahoe, CA 569 Lucerne Way, South Lake Tahoe, CA 96150 \| Single Family Residential	4 beds \| 4 baths \| 5,025 sq.ft.	$2,998,000	Airbnb cash on cash: 0.27% Traditional cash on cash: -0.18% Airbnb Rental Income: $7779 Traditional Rental Income: $5031 Airbnb ROI: 0.27% Traditional ROI: -0.18%
2359 Wagon Train Trl South Lake Tahoe, CA 2359 Wagon Train Trl, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 2,522 sq.ft.	$975,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 1.61% Airbnb Rental Income: $6387 Traditional Rental Income: $3151 Airbnb ROI: 3.8% Traditional ROI: 1.61%
1151 Herbert Ave #B South Lake Tahoe, CA 1151 Herbert Ave #B, South Lake Tahoe, CA 96150 \| Condo/Coop	3 beds \| 2 baths \| 1,161 sq.ft.	$439,000	Airbnb cash on cash: 8.76% Traditional cash on cash: 2.43% Airbnb Rental Income: $6387 Traditional Rental Income: $2531 Airbnb ROI: 8.76% Traditional ROI: 2.43%
760 Clement St South Lake Tahoe, CA 760 Clement St, South Lake Tahoe, CA 96150 \| Multi Family	3 beds \| 2 baths \| 1,250 sq.ft.	$499,000	Airbnb cash on cash: 9.05% Traditional cash on cash: 3.91% Airbnb Rental Income: $6387 Traditional Rental Income: $2735 Airbnb ROI: 9.05% Traditional ROI: 3.91%
30 Lake Pkwy #20 South Lake Tahoe, CA	4 beds \| 3 baths \| 2,567 sq.ft.	$1,898,000	Airbnb cash on cash: 0.98% Traditional cash on cash: -0.45% Airbnb Rental Income: $7779 Traditional Rental Income: $3773 Airbnb ROI: 0.98% Traditional ROI: -0.45%
1181 Ski Run Blvd South Lake Tahoe, CA 1181 Ski Run Blvd, South Lake Tahoe, CA 96150 \| Multi Family	4 beds \| N/A baths \| 2,752 sq.ft.	$929,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.83% Airbnb Rental Income: $3289 Traditional Rental Income: $3191 Airbnb ROI: 1.09% Traditional ROI: 1.83%
3801 Forest Ave South Lake Tahoe, CA 3801 Forest Ave, South Lake Tahoe, CA 96150 \| Single Family Residential	3 beds \| 2 baths \| 1,426 sq.ft.	$645,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 2.63% Airbnb Rental Income: $6387 Traditional Rental Income: $2734 Airbnb ROI: 6.62% Traditional ROI: 2.63%

Real Estate investment in South-lake-tahoe, CA

There are 98 properties for sale in the city of South Lake Tahoe . The median list price in South Lake Tahoe is $636,000 and the average price per square foot is $350. In November 2025, the average monthly cash on cash return in South Lake Tahoe is 2.00%. The average monthly rental income in South Lake Tahoe is $2,652.

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

There are 98 investment properties available for sale in South-lake-tahoe.

The ROI for Short-Term is higher than the Long-Term in South-lake-tahoe with average rental income of $6,387.

Your search for investment property begins and ends here

Investment Property for Sale in South Lake Tahoe, CA

2539 Knox Ave

South Lake Tahoe, CA

3 beds | 1 baths | 1,108 sq.ft.

$590,000

Airbnb cash on cash: 7.39%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $6387

Traditional Rental Income: $2594

Airbnb ROI: 7.39%

Traditional ROI: 2.78%

3334 Treehaven Dr

South Lake Tahoe, CA

4 beds | 4 baths | 2,078 sq.ft.

$1,095,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $6387

Traditional Rental Income: $4004

Airbnb ROI: 3.41%

Traditional ROI: 2.3%

2877 US Highway 50

South Lake Tahoe, CA

2 beds | 1 baths | 1,338 sq.ft.

$750,000

Airbnb cash on cash: 3.64%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $4632

Traditional Rental Income: $1845

Airbnb ROI: 3.64%

Traditional ROI: 1.03%

3535 Lake Tahoe Boulevard

South Lake Tahoe, CA

4 beds | 2 baths | 1,940 sq.ft.

$399,000

Airbnb cash on cash: 4.33%

Traditional cash on cash: 5.13%

Airbnb Rental Income: $3289

Traditional Rental Income: $2850

Airbnb ROI: 4.33%

Traditional ROI: 5.13%

2031 Venice Drive

South Lake Tahoe, CA

3 beds | 3 baths | 1,440 sq.ft.

$689,000

Airbnb cash on cash: 5.46%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $6387

Traditional Rental Income: $2631

Airbnb ROI: 5.46%

Traditional ROI: 1.56%

2004 Kickapoo Street

South Lake Tahoe, CA

4 beds | 2 baths | 2,092 sq.ft.

$709,000

Airbnb cash on cash: 7.99%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $7779

Traditional Rental Income: $3952

Airbnb ROI: 7.99%

Traditional ROI: 4.45%

3801 Paradise Avenue

South Lake Tahoe, CA

2 beds | 1 baths | 984 sq.ft.

$525,000

Airbnb cash on cash: 5.79%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $4632

Traditional Rental Income: $2508

Airbnb ROI: 5.79%

Traditional ROI: 3.42%

980 Kekin Street

South Lake Tahoe, CA

3 beds | 2 baths | 1,902 sq.ft.

$775,000

Airbnb cash on cash: 5.21%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $6387

Traditional Rental Income: $3769

Airbnb ROI: 5.21%