Turn-Key Vacation Rental! —Welcome to one of South Lake Tahoe’s most compelling investment opportunities a fully turn-key vacation rental located less than half a mile from the Tahoe Keys Marina, already generating strong income with future bookings in place. The current owner recently invested approximately $75,000 in upgrades including professional interior design, all-new furnishings, a new hot tub, and a new fireplace, creating a guest-ready property that stands out in a competitive rental market. With projected annual income of approximately $125,000, this home is positioned to deliver immediate returns from day one of ownership. — The 1,900 square foot, four-bedroom, three-bathroom layout has been carefully planned to accommodate up to eight adults comfortably. The main living area features a temperature-controlled gas fireplace, high-speed Wi-Fi, and multiple TVs, while the well-equipped kitchen includes quality appliances, ample counter and dining space, and both a Keurig and drip coffee maker. A king suite, two queen bedrooms, and a bunk room provide flexible sleeping arrangements, and three full bathrooms keep busy mornings running smoothly. —Outside, the home truly shines with multiple decks, a large fully fenced backyard with a gas BBQ, and a brand-new six-person hot tub on the lower deck. A two-car garage with EV charging and driveway parking for two additional vehicles round out the practical details. —Situated in a quiet residential neighborhood with easy access to world-class skiing at Heavenly, summer lake recreation, hiking, and South Lake Tahoe’s best dining and shopping, this property checks every box for both guests and investors. With a perfect five-star rating across thirteen reviews, a proven rental track record, and bookings already on the calendar, this is a rare chance to step into a cash-flowing Tahoe asset with nothing left to do but collect the returns. Contact us today to schedule a private showing.
Property Details
Price:
$1,040,000
MLS #:
142620
Status:
Active Pending
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
tahoeislandpark
Listed Date:
Mar 16, 2026
Finished Sq Ft:
1,910
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2283 Arizona Avenue South Lake Tahoe CA
- NeighborhoodTahoe Island Park
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Single Family in South Lake Tahoe as of Apr 25, 2026
136
Single Family Listed
93
Avg DOM
540
Avg $ / SqFt
$1,348,114
Avg List Price
Property Summary
- 2283 Arizona Avenue South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,040,000 and features 4 beds, 3 baths, and has approximately 1,910 square feet of living space, and was originally constructed in 1965. The current price per square foot is $545. The average price per square foot for Single Family listings in South Lake Tahoe is $540. The average listing price for Single Family in South Lake Tahoe is $1,348,114.
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