South Lake Tahoe, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the South Lake Tahoe short-term rental market based on reliable data.

Listings

1388 / 2657

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$56,434

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$644,260

Median Home Sale Price

Top Earners

$153,478

Top-Earners Revenue

South Lake Tahoe

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in South Lake Tahoe.

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C

Challenging to Investors

South Lake Tahoe Regulations

STRs are allowed citywide, but investors face strict caps (150 permits/month), a 150-foot buffer between single-family rentals, and a near-total ban on multifamily/attached condos. Operational burdens are heavy (mandatory indoor noise monitoring, outdoor video, 24/7 manager responsive in 60 minutes, face‑to‑face check‑ins) and three violations in 24 months trigger permanent permit loss, creating a high compliance risk.

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About South Lake Tahoe

South Lake Tahoe, California, nestled in the Sierra Nevada mountains, is a picturesque city known for its breathtaking natural beauty and year-round activities. As of the latest census, the city has a population of approximately 21,000 residents. It is situated about 190 miles northeast of San Francisco and roughly 60 miles southwest of Reno, Nevada.

Renowned for its stunning lake and mountain scenery, South Lake Tahoe is a prime destination for both winter and summer sports enthusiasts. The city boasts several notable landmarks and attractions that make it appealing for short-term rentals.

Heavenly Mountain Resort (https://www.skiheavenly.com/)) is a significant draw for winter sports, offering over 4,800 skiable acres and stunning panoramic views of Lake Tahoe. During the summer, visitors can enjoy hiking, mountain biking, and scenic gondola rides.

Another focal point is the Emerald Bay State Park (https://www.parks.ca.gov/?page_id=21491),,) home to the famous Emerald Bay, one of the most photographed locations in the United States. This park offers opportunities for hiking, boating, and exploring the historic Vikingsholm mansion.

Lake Tahoe itself, the largest alpine lake in North America, provides numerous recreational activities including boating, fishing, and swimming. The Lake Tahoe Basin Management Unit (https://www.fs.usda.gov/ltbmu)) maintains multiple beaches and other resources for public enjoyment.

For nightlife and entertainment, the city features the South Tahoe Ice Arena (http://tahoearena.co/),,) numerous casinos, restaurants, and bars, particularly in the Stateline area shared with Nevada.

With its blend of outdoor adventure, natural splendor, and vibrant nightlife, South Lake Tahoe offers a compelling environment for short-term rental properties, catering to a wide range of tourists and vacationers seeking diverse experiences.

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