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.
Property Details
Price:
$1,275,000
MLS #:
143350
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Townhouse
Neighborhood:
bijou2
Listed Date:
Aug 12, 2026
Finished Sq Ft:
1,518
Year Built:
1972
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address3535 Lake Tahoe Boulevard 445 South Lake Tahoe CA
- NeighborhoodBijou 2
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Condo in South Lake Tahoe as of Aug 13, 2026
54
Condo Listed
161
Avg DOM
611
Avg $ / SqFt
$737,233
Avg List Price
Property Summary
- 3535 Lake Tahoe Boulevard 445 South Lake Tahoe CA is a Condo for sale in South Lake Tahoe, CA, 96150. It is listed for $1,275,000 and features 2 beds, 2 baths, and has approximately 1,518 square feet of living space, and was originally constructed in 1972. The current price per square foot is $840. The average price per square foot for Condo listings in South Lake Tahoe is $611. The average listing price for Condo in South Lake Tahoe is $737,233.
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Courtesy of Steven John Lamothe of Keller Williams Rlty-Roseville. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. South Tahoe Association of Realtors. All rights reserved. 3535 Lake Tahoe Boulevard 445
South Lake Tahoe, CA
