South Lake Tahoe STR

[Matt Huber]

Howdy BP Community!

We're researching the possibility of operating a STR off highway 50 in El Dorado county, just outside of the TRPA. I'd love to talk to somebody who operates up there to talk about management issues, fire insurance, and rental potential. Anybody have a few moments?

Many thanks in advance! 

[Lindsay Buchanan]

@Matt Huber & @Kevin Zhang 

El Dorado County has a waiting list of 110 people as of the first of January. There is also now a 500 foot buffer, so even if you were to get through the waiting list and there is another short term rental with 500 feet they will not issue you a permit. If you go to El Dorado Vacation Home Rental website there is a map and a lot of good information, they update the number of people on the waiting list every so often. 

As for other areas around Lake Tahoe. Placer County is not issuing any new permits until April 1st, 2022. But if you buy a home that has an existing permit, it can now be transferred. Washoe County, which is Incline Village allows short term rentals. Where you could run into an issue is if the HOA doesn't allow for it, which is the case in some condo complexes. The town of South Lake Tahoe has banned them except in "tourist core" areas. And Douglas County has a cap on the number of rentals and they hit their cap last summer, not sure where they are with a waiting list.

Feel free to DM me if you have more questions!