3535 Lake Tahoe Boulevard # 445
South Lake Tahoe, CA, 96150
$
1,275,000
Bedrooms2
Baths2.0
Sq
1,518
Monthly Estimate*
$
8,050
for $1,275,000 with 2 bedrooms and 2 full baths. This 1,518 square foot townhouse was built in 1972 on a lot size of 0.02.
Set along the crystal-clear shores of Lake Tahoe, this beautifully updated two-bedroom, two-bath townhome with a spacious loft (currently a third sleeping area) offers one of the rarest opportunities in South Lake Tahoe: a turnkey lakefront retreat fully approved for short-term vacation rentals. Located within the Tourist Core and grandfathered under Measure T, it is among the limited number of homes legally permitted to operate as a vacation rental, an increasingly valuable asset in today's market. Whether you're seeking a profitable investment, a personal mountain escape, or both, this property delivers. With a proven history of consistent rental income, the home is offered completely turnkey, including stylish furnishings, dcor, housewares, and everything needed to begin enjoying or renting it immediately. Inside, soaring ceilings with exposed beams create an inviting mountain-lodge atmosphere, while expansive windows fill the living spaces with natural light. The open-concept floor plan centers around a cozy fireplace and flows to a private deck, the perfect setting for aprs-ski evenings, summer barbecues, or quiet mornings surrounded by towering pines. The recently remodeled kitchen features premium appliances, quartz countertops, abundant cabinetry, and generous workspace. The home comfortably sleeps up to seven across two spacious bedrooms and the versatile loft, complemented by two beautifully remodeled bathrooms and in-home laundry for extended stays and effortless guest turnovers. Beyond the home lies one of Lake Tahoe's most desirable resort communities. Lakeland Village spans 19 forested acres with over 1,000 feet of private sandy beach frontage, an amenity few properties can match. Owners and guests enjoy resort-style amenities including multiple pools, hot tubs, tennis courts, a fitness center, saunas, and a private pier. Leave the car behind and walk to restaurants, shopping, marinas, water sports, and El Dorado Beach, while Heavenly Mountain Resort and several of Tahoe's premier ski destinations are only minutes away. Summer days are spent boating, paddleboarding, and relaxing on the beach, while winter brings world-class skiing followed by evenings around the fire or soaking in the spa beneath the stars. Very few properties in South Lake Tahoe combine private lakefront living, premier resort amenities, and legally permitted short-term rental status. Add its established rental performance, turnkey furnishings, and exceptional location, an
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Features
Interior
Interior Amenities
Cathedral Ceiling
Open Beam Ceiling
Flooring
Carpet
Tile
Total Fireplaces
1
Fireplace Features
Living Room
Laundry Features
Dryer Included
Washer Included
Inside Room
Total Bedrooms
2
Entry Level
0
Room Type
Loft
Primary Bathroom
Baths Other
Primary Bedroom
Dining Room
Kitchen
Laundry
Living Room
Kitchen Features
Quartz Counter
Total Baths
2
1/2 Baths
0
Bedrooms Possible
3
Primary Bathroom Features
Shower Stall(s)
Tile
Living Room Features
Cathedral/Vaulted
Deck Attached
Great Room
Dining Room Features
Dining/Living Combo
Primary Bedroom Features
Closet
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General
Sewer
Public Sewer
Heating
Central
Fireplace(s)
Cooling
Ceiling Fan(s)
Utilities
Public
Roof
Composition
Appliances
Built-In Electric Range
Free Standing Refrigerator
Dishwasher
Microwave
HOA Fee
982
Garage Spaces
0.0
Association Fee Includes
MaintenanceExterior
MaintenanceGrounds
Trash
Water
Pool
Patio/Porch Features
Front Porch
Covered Deck
Architectural Style
Chalet
Contemporary
Pool Features
Common Facility
Construction Materials
Frame
Wood
Year Built
1972
Electric
220 Volts
View
Garden/Greenbelt
Woods
Stories Count
3
Topography
Trees Many
Unit Number
445
Property Subtype
Townhouse
Current Use
Vacation Rental
Elevation
0
Assoc Fee Paid Per
Monthly
County
El Dorado
Property Type
Residential
Association Amenities
Barbeque
Pool
Recreation Facilities
Exercise Room
Spa/Hot Tub
Tennis Courts
Greenbelt
Gym
Lake
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HOA
Y
Subdivision Name
Lakeland Village
Total Rooms
0
Full Baths
2
Close Price
0.0
Status
Active
Directions
Lake Blvd & Ski Run Blvd
City
South Lake Tahoe
Senior Community Y/N
N
High School District
Lake Tahoe Unified
Zoning Description
HDR
Open Parking Spaces
2.0
MLS Area
13301
Lot Size Square Feet
871.0
Carport Spaces
0.0
Spa Features
Spa/Hot Tub Built-In
Home Warranty Y/N
N
Standard Status
Active
Middle/Junior School District
Lake Tahoe Unified
Elementary School District
Lake Tahoe Unified
Year Built Source
Assessor Auto-Fill
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Exterior
Parking Features
No Garage
Uncovered Parking Spaces 2+
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Lot Features
Greenbelt
Low Maintenance
Water Source
Public
Total Parking
0.0
Foundation Details
Other
Spa
Y
Lot Size Acres
0.02
Private Pool
Y
Lot Size Source
Assessor Auto-Fill
Horse Y/N
N
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* Excluded Features
List By
Keller Williams Realty
Broker
steve@homesbyelevate.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $8,050
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Townhouse listings in South Lake Tahoe, CA
Average List Price
$914,750
Percent of Sale Price
28%
About South Lake Tahoe, CA
21,195
Population
-10%
Since 2002
$
45,311
Median Income
38.55
Median Age
25%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193794
Elementary School
3193781
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
8/7/2026
|
$1,275,000
|
|
Listed Price
|