The Villas @ South Shore are located in South Lake Tahoe's Tourist Core zoning district, which is one of the city's designated areas where short-term rentals are permitted under local ordinance. This is a significant advantage over most of the surrounding residential market, where STR permits are heavily restricted or unavailable. That said, Tourist Core zoning makes each villa eligible to apply for a permit — it does not guarantee automatic issuance. Owners will need to submit a permit application to the City of South Lake Tahoe, pay applicable fees, and comply with all operating requirements at the time of application.

STR permits in South Lake Tahoe are issued by the city and are subject to change. Applicants generally need to complete an application, pass a property inspection, obtain a business license, and collect and remit Transient Occupancy Tax (TOT) on rental income. Permit requirements, fees, and caps on permit numbers can be updated by the city at any time. We strongly recommend consulting directly with the City of South Lake Tahoe's planning department and reviewing current ordinance before closing to ensure you understand the requirements that apply at the time of your purchase.

The community CC&Rs are designed to be STR-friendly — there are no HOA-level restrictions on rental frequency. Owners are responsible for ensuring their guests comply with community rules (noise, parking, hot tub access, etc.) and all applicable city operating requirements. Review the final CC&Rs with your legal counsel prior to purchase as governing documents are subject to change.

The projections shown on this page come from a pro forma prepared by RNR Vacation Rentals (Dec. 2025), a South Lake Tahoe STR management company. Their analysis is based on gross rental revenue from comparable 3- and 4-bedroom properties in the Tourist Core. Important: RNR has a potential business interest in managing properties at The Villas. The projections reflect conservative ramp-year estimates accounting for the fact that new listings typically build their booking history over 12–18 months. All figures shown are net of TOT taxes, booking platform fees, and cleaning fees.

No. The gross revenue figures shown ($85K–$105K for The Summit; $95K–$115K for The Shore) have already had TOT taxes, booking fees, and cleaning fees deducted — but they are still before your operating costs. You will also need to account for property management fees (typically 20–30% of gross if using a management company), property taxes, HOA assessments, insurance, maintenance, furnishings, and any mortgage costs. Use the cash flow estimator above to model different scenarios. The gap between gross revenue and what you actually net depends heavily on your specific financing and operating structure.

Larger properties typically command a higher nightly rate but attract a narrower pool of renters — groups large enough to fill 4 bedrooms are less common than 3-bedroom demand. The trade-off is that The Shore's higher average daily rate more than offsets the occupancy difference, resulting in a higher projected gross revenue range ($95K–$115K vs. $85K–$105K). Which plan performs better for you depends on your management approach, pricing strategy, and target guest profile.

Yes — South Lake Tahoe has two primary demand seasons (ski/winter and lake/summer) and a meaningful shoulder season driven by events, festivals, and fall color tourism. The 48% and 45% occupancy projections reflect this year-round demand pattern. By comparison, markets with only one peak season often struggle to achieve occupancy above 35% annually. The diversified demand calendar is one of the core reasons South Lake Tahoe remains a sought-after STR market.

Three things: no deferred maintenance, no cap-ex surprises, and a premium listing position. On platforms like Airbnb and VRBO, new construction photos convert at a higher rate and command premium nightly rates compared to dated interiors. You're also not inheriting someone else's renovation backlog — every system in the property is brand new at closing. For STR math to work, your first 2–3 years need to be lean on unexpected expenses. New construction provides that buffer.

Several. The ground-floor bedroom suite in every plan creates a flexible space that works as a guest room, a private retreat for extended stays, or an accessible accommodation — all of which expand your addressable guest pool. Professionally engineered soundproofing between units is critical for multi-unit STR properties; guest complaints about noise are among the most common causes of negative reviews. The private garage with gear staging appeals to the ski and outdoor recreation guest who is typically higher spend. And the community hot tub is a searchable amenity filter on both Airbnb and VRBO — it expands your impressions in search results.

Yes. There are no HOA restrictions on personal use. Many owners structure their use around peak demand periods — keeping the property available for the highest-rate booking windows (holiday weeks, major events) and blocking personal use during slower periods. Your revenue projections will reflect however much of the calendar you make available. A qualified STR management company can help you design an owner-use calendar that balances personal enjoyment with revenue optimization. Note that if you use the property personally for more than 14 days per year (or 10% of rental days), it may affect how the IRS classifies the property for tax purposes — consult a tax professional.

No. Owners are free to self-manage or choose their own STR management company. RNR Vacation Rentals prepared the projections referenced on this page and is available as a management option — but there is no requirement to use them. We recommend interviewing multiple management companies, comparing their fee structures, and reviewing their existing portfolio of South Lake Tahoe properties before committing.